As American household debt rises, credit card fixed-interest loans are becoming a significant percentage. Credit card companies are letting their cardmembers convert part or all of their credit card’s available credit limit into installment loans. Converting your revolving credit line...
Too big to fail banks and nonbank financial companies are still a problem. Moreover, many companies across new sectors and industries have become part and parcel of the U.S. economy. They have significant systematic risk, and their failure will be...
Financial literacy and education are more critical now than ever. Every day, American consumers have to navigate complex financial consumer markets. However, too few of them have the skills and knowledge to make sound financial decisions. Only one-third of adults...
The return of fundamentals is here. So far this year, investors are behaving more like Warren Buffet than Cathie Wood. Central bank excess and fiscal policies such as the Tax Cuts and Jobs Act of 2017, aka Trump Tax Cuts,...
