What No One Told You About the Stock Market…

1. Only a little over half of Americans own stocks ~55%1 Source: Gallup This has held fairly steady since 2010. Prior to the 07-09 Great Recession, 62% of Americans reported that they owned stocks. As a whole, stock ownership appears to be highly correlated with race and education. 85% of individuals with postgraduate degrees reporting … Continue reading What No One Told You About the Stock Market… →

How the US Government Influences the Economy – the basics

This short essay will give you a fundamental understanding on what the federal government and the federal reserve do to manage the US economy. History First, I will tell you a little history to give you some important context. February 3, 1913 is one very important date in the history of the United States federal … Continue reading How the US Government Influences the Economy – the basics →