Investment
July 16, 2020
A report from First Trust Advisors, L.P.: It’s time to think about something other than COVID, statues, the election, and defunding the police. How about higher education? Specifically, student loans and grants. Just like the bipartisan efforts to making housing more affordable, these programs were well-intentioned. But, also like the housing market, they have led to serious problems. The US has about $1.5 trillion in student debt outstanding, more than subprime mortgage loans in 2007. We’re not worried these loans will cause a collapse in the economy, but they are a major burden that must be dealt with at some […]
July 9, 2020
A report from First Trust Advisors, L.P.: Not since the 1960s and 70s has the United States experienced social upheaval like it is experiencing today. We have protests (both peaceful and otherwise), and a massively divided political landscape. On top of that, we have a virus that is spreading across the country, creating fear and an acceptance of economic shutdowns. Originally, the scientists said we needed 15 days to slow the spread. These same scientists have consistently lengthened the time they believe keeping the economy relatively closed is a good idea. Yet, eventually, as the number of new cases of […]
November 23, 2016
Blog True Blog Thinking Forward – So much to be thankful for in America Post written by Brian Paulsen | Personal Wealth Manager It has been an interesting few months. A lot of division, a large portion of the US unhappy and concerned about the future with the election outcome, the media doing its best to convince us of our eminent decline. The markets did not collapse, the sun did come up, and we continue to be the beacon of hope to the world. Why? Because what makes America great is not our politicians, it is each of us. My […]
