Is the Federal Reserve Setting Us Up for Recession?

Is the Federal Reserve Setting Us Up for Recession?

In order to normalize monetary policy, the Fed stopped quantitative easing (QE), which was being used to stimulate the economy. Monetary policymakers will resist the belief that concluding the bond-buying program was a tightening of policy even though real interest rates rose at the suggestion that QE has a short half-life. The new normal for economic growth is low short-term rates while inflation expectations have decreased. With the end of the QE era, the yield curve flattened, equities started moving sideways, and the dollar rose as did GDP and employment.

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7-Day Losing Streak Finally Breaks in the Dow

7-Day Losing Streak Finally Breaks in the Dow

Stocks have had a strong turnaround this week as the Dow finally broke a 7-day losing streak, closing with a 242 point jump or 1.4% increase. It was the biggest gain for the blue-chip index since May 8th as it recovered a large portion of a 378 point loss that occurred in the longest run of losses in 4 years. The S&P's 500 Index rose 1.3% and the NASDAQ went up 1.2% while the energy sector gained 3.1% as oil prices finally rebounded with a 2% jump. Stocks also got a boost when Buffett's Berkshire Hathaway agreed to buy Precision Castparts for $37 billion.

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Diagnosis: Plan and Protect

Diagnosis: Plan and Protect

In the medical profession, small mistakes can have grave consequences, so it’s no wonder medical professionals have become a huge target of lawsuits today. Patients and their families have come to expect and feel entitled to receiving perfect medical care.  An error that had a catastrophic impact on a loved one means that someone has to pay. It may be because Americans see a lawsuit as a way to “get rich quick” or they just want to get made whole from the wrong they’ve experienced. Either way, they are going after the assets of the physician to pay the price, so it is important for you – as the physician – to be ready when that time comes.

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How and Why Goldman Sachs quietly Became an Influential Tech Investor

How and Why Goldman Sachs quietly Became an Influential Tech Investor

Goldman Sachs, arguably the most powerful bank in the world, is quietly becoming one of the most influential investors in technology startups. According to research from CB Insights, Goldman has participated in 132 fund-raising rounds in private technology companies since 2009. Goldman has backed Uber, Pinterest, Dropbox, and 12 other so-called unicorns, that once-rare group of startups valued at over $1 billion. At last count, there were 119 startups valued at more than $1 billion, almost all created within the past few years. Goldman ranks in the top 10 of CB Insights’ unicorn backers.

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Key Considerations as You Approach Retirement

 Key Considerations as You Approach Retirement

There are many important concerns and questions one should consider about retirement. The biggest questions remains: “Will your retirement income last and allow you to live in something approximating your current lifestyle?” As people continue to live longer lives, this question becomes increasingly important and the answer becomes even more difficult to predict.

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