Author: Trevor Gerszt

If you thought that quantitative easing was a thing of the past, a response to the financial crisis that was dead and buried, think again. Not only is it not a relic, it is a policy response that has now become the Fed’s number one policy tool. Every time something potentially negative affects the economy, […]

To younger workers the idea of a pension hearkens back to days gone by, when employees spent their entire career with a single company from first hire to retirement. In the modern workplace, with workers ready to jump from company to company in search of better pay or benefits, the idea of a pension seems […]

The secret to a comfortable retirement is to have more money on hand in retirement than you end up spending. But that’s not always easy to do, and every retiree’s greatest fear is running out of money in retirement. That means that to really be secure in retirement you’ll have to build up as large […]

There’s a lot of retirement advice out there that is just plain dated. Much of it is focused on those who are already in their 40s and 50s and have sizable nest eggs already. And even more of it is written from the perspective of those who came of age during the stock market heyday […]

The past decade has seen interest rates at historically low levels for the longest period of time ever. The effect that has had on the economy has been enormous, with governments, corporations, and households all taking on massive amounts of debt in order to take advantage of low borrowing costs. But despite interest rates being […]

One of the most perplexing things about stock markets today is that, while most people understand that they’re bound for a correction some point soon, they continue to keep climbing near their all-time highest levels. That’s despite all the pessimism surrounding the trade war with China, the worsening business climate, and an overall gut feeling […]

It’s no secret that the United States government is in terrible financial shape. The national debt stands right now at $22.5 trillion, and most forecasts for future debt growth expect federal deficits to continue adding about $1 trillion per year to that total. But there’s a pretty ominous tipping point that’s coming up really soon […]

For decades, American retirees have come to depend on Social Security for at least a part of their retirement income. While many retirees have made their own retirement plans and only rely on Social Security for supplemental income, many have planned for Social Security to make up the bulk of their retirement income. That was […]

Business cycles are funny things. No one realizes that the top of the market has been reached until months after the decline has already started. And no one realizes the bottom has been reached until months into the recovery. That’s why so many financial advisers recommend against trying to time markets. You just can’t ever […]

One aspect of the post-financial crisis recovery that is of particular concern is that people’s attitudes towards their financial well-being seems not to have recovered. Many of the benefits of the recovery accrued to those most connected to the financial sector, those who received the benefit of government bailouts and Federal Reserve liquidity facilities. But […]