The Flooring Twenties?

The Flooring Twenties?

Retirement accounts and Social Security are already taking a beating as the American economy emerges from the ruins of COVID-19. Wednesday it was revealed that Fidelity’s 401(k) and IRA accounts were decimated in 2022 Q2. The average balance of its 401(k) accounts...
Dollar’s year of living dangerously awaits

Dollar’s year of living dangerously awaits

Central banks around the globe are ending 2021 with the highest gold holdings in 31 years. Yet the real story as monetary authorities recalibrates foreign-exchange reserve holdings is how the US dollar is on the losing end of these shifts. And in the year ahead, this...