Archive for October 2019

Can Your Portfolio Weather an Economic Storm?

Let’s talk a little about famous last words. On Nov. 8, 2007, then-Federal Reserve Chairman Ben Bernanke told lawmakers that the U.S. economy did not appear headed for recession. One month later, the Great Recession of the 21st century began.1 So, on Sept. 6 of this year, when Fed Chair Jerome Powell announced that he…

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What’s New in Indexing?

Index mutual funds are investment vehicles comprising stocks from a wide variety of companies and track the performance of a specific index, such as the Dow Jones Industrial Average. Investors are able to spread their assets across many different investments with the convenience of one fund, which can help protect them from market volatility. Index…

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What’s New in Banking

Nearly a quarter of the adult U.S. population is “underbanked.” This means they don’t regularly use a bank (or a bank’s mobile/online capabilities) to deposit checks and pay bills. That’s about 55 million people ostensibly living from cashed paycheck to cashed paycheck.1 When these underbanked people cash their paychecks for immediate funds to buy groceries…

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Fingerprint, Retina Scans Not Just for James Bond Anymore

Most people using the internet to shop, conduct financial transactions or read firewall-protected content are likely familiar with the aggravation of maintaining passwords. Worse yet, tech experts now say conventional password security is only a marginal defense against hacking.1 We are now entering a new age in electronic security for the average user — one…

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Economic Perils and Opportunities of Extreme Weather

While the causes of climate change may be for up for debate, its impact on our economy and potential adjustments to business models are not. For example, rampant coastal flooding in South Florida has prompted at least one research institute to predict insurers will stop offering homeowners policies in the region. As a result, the…

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