The American SECURE Act will require owners of larger pre-tax retirement accounts who plan to leave a legacy to family through IRAs, to review and possibly restructure their estate plans, ideas, in the coming years.
If these lending markets “freeze” like they did in 2008, it could create a retirement nightmare for anyone who isn’t prepared for the bumpy ride.
Markets in Canada, France, and the United Kingdom have all increased, but at a far slower pace.
“Unfortunately, retail investors are learning another lesson from institutional debt markets the hard way: liquidity matters.“
Based on our research on various price reporting services, we think the real consumer inflation rate is probably about 5 to 6%.
The multipolar and multilateral world order memes are also a fraud. China, Russia, Europe and other nations are demanding an alternative to the dollar, but if that alternative ends up being a digitized version of the SDR basket under the IMF's control as these countries have suggested, then this means total global centralization, not decentralization.
Longer-term, a deeper correction remains likely, particularly as we head into 2020. If economic and earnings data don’t begin to improve markedly, as currently expected by Wall Street, the current overvaluation of asset price is going to become more problematic to justify.
"The answer is of course: It won’t be paid back. And since every debt is someone else’s asset, you can imagine what that ultimately means. A great many people are a lot less wealthy than they think. It is all phantom wealth that can disappear in an eyeblink."