While the Millennials often get pummeled by the media for being slackers and snowflakes, some new data shows they can teach the baby boomers a few lessons about saving for retirement. According to J.D. Power, millennialls are the most likely to have set specific retirement goals and have the highest level of savings relative to [...]
The answer: all of the world's central bankers. In a surprise move on Friday, the Bank of Japan introduced a negative interest rate policy by charging a .1% fee on commercial banks for holding excess reserves. The BOJ hopes this will encourage banks to make more loans to stimulate economic growth. They indicated that [...]
After 3 years of double digit gains, the S&P 500 (U.S. large company stocks) returned only 1.4% in 2015 (-.73% without dividends). As can be seen in the chart below, the S&P 500 appreciated through the first half of 2015, then suffered a significant sell-off in late summer. By the end of the year, those [...]
