It has been the subject of many social conversations and news articles: Cryptocurrency and blockchain. The topic has inspired so many questions: What are they? Is it legitimate or just a scam created by internet thieves? What does it mean for the future of technology and the U.S. dollar? Should it be a part of my investment portfolio?
Although the pace of our resurging economy has slowed, stock markets in developed economies have remained strong. The impressive strength in the equity markets of stocks and real estate have, to a degree, been driven by the lack of attractive investment alternatives within this low-interest rate world.
Our first webinar in a series of live webinar presentations designed to provide insight into Pacific Wealth Management's view of the economic landscape and its effect on markets. This one is titled 'Cautious Optimism'. Please enjoy and be sure to join us next quarter during our live presentation.
The end of summer will be here before we know it, and with that comes the back-to-school fall season. Whether you’re sending off your oldest child to their first year at college or your youngest child to their senior year, this prudent guide will enable you to continue assisting with financial and health decisions while protecting them from the consequences of identity theft.
We have lived with a budget deficit for so long and without palpable repercussions that we rarely contemplate its potential practical implications for our country’s or ultimately our own finances. Unlike unemployment, for example, the national deficit is not an immediate economic crisis. Plus, the numbers are so staggering that trying to get one’s mind around them is like trying to fathom the enormity of the universe. In the wake of a massive government spending campaign to provide COVID-related relief, however, more people are taking the deficit seriously and feeling uneasy about all the borrowing, warranted though it may be.
A historically unprecedented amount of monetary stimulus has been injected into the U.S. economic system in the wake of the 2020 global pandemic. As troubling signs of significant increases in the prices of various goods have materialized, fears of a reemergence of 1970s-level inflation abound.