Former Federal Reserve Chairman Ben Bernanke is not happy with the recent corporate tax cuts and increased government spending … otherwise referred to as fiscal stimulus.
Although September was a relatively quiet month for stock investors, third quarter returns were strong. Domestic equities surged more than 7% for the quarter, far outpacing foreign markets. For the past 9 months, U.S. stocks are sporting double-digit returns, while foreign stocks find themselves in negative territory.
Brookings scholars Ron Haskins and Isabel Sawhill define the “success sequence” as getting educated, working, and then marrying before having children … in that order. National Longitudinal Survey of Youth sociologists W. Bradford Wilcox and Wendy Wang recently tested the three success sequence among millennials (ages 28 to 34).