December 9, 2019
Daniel A. White
I’m going to bring up the deficit because nobody else does.
In October, Treasury announced a $984 billion budget deficit in fiscal year 2019, which ended in September. That’s $205 billion larger than 2018 and represents a 26 percent increase!
Nobody is really watchin...
December 2, 2019
Pensioners could be in trouble.
I recently read about a pension fund in crisis, much of which was brought on by risky investments. It’s just one fund, but there are many like it nationwide.
Bear markets from the early 2000s and 2008-09 hit pension funds hard. They be...
November 25, 2019
The next decade doesn’t look good for those counting on stock returns. Breaking even may be considered a victory.
That’s a serious problem if you need to fund a long retirement because stocks won’t continue their incredible performance of recent times. And if you lo...
November 18, 2019
The next bizarre chapter in our unfolding economic saga could be negative interest rates.
I’ve warned of negative interest rates policies (NIRPs) before. Today, negative rates are permeating global bond markets. If our own Federal Reserve employs a NIRP in the U.S....
November 11, 2019
Most Democrats are pushing controversial proposals to tax the rich. They claim the money would help pay for many things, including:
Health care for all
A federal childcare program
Larger tax credits for the poor and middle-class
Climate change act...
DANIEL A. WHITE
& Associates, LLC
Securing Tomorrow's Future Today