What happened to the tax cut bump to economic growth? After expanding by a brisk 2.9 percent in the fourth quarter of last year and the 3.3 percent rate in the third quarter, the economy decelerated a bit in the first quarter to an annualized pace of 2.3 percent, consistent with good, not great growth.
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I have a confession: I’m rooting for a recession -- and a bear market. Of course I don’t want people to suffer, but the longer both the expansion and bull market continue, the more we tend to forget that they can actually end, leading some to make poor financial decisions.
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April is Financial Literacy Month, a perfect time to answer your questions about the murky world of “Alternative Investments.” These vehicles fall outside of the more commonly utilized individual stocks, bonds, mutual and exchange-traded funds. In general, they are used by large institutions, like pension funds, endowments, foundations and wealthy (“accredited”) individuals.
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