The abuse of expected returns assumptions at public pension funds in America is something I have regularly raised a red flag about. Take a look here at The Economist’s comparison of American public pension fund rules with those for private funds and foreign public funds. The opportunity to use inflated future return expectations leads public pensions […]
Archives for August 2016
Clinton or Obama, Who is Worse?
Michael Scheuer, former CIA bin Laden unit chief, summarizes Hillary Clinton as “a dissembling, man-dependent, non-entity.” As for Barack Obama, Mike’s long and short on this tragic and failed figure is “ignorant, stupid or a liar.” Barack Obama, the pride of the Ivy League, the darling of the media, and a man who can only […]
People Want “LAW AND ORDER!”
The “oxymoronic echo” of Hillary Clinton’s campaign slogan “Continuity With Change” is “straight out of HBO’s Veep series that is echoed by the show’s “fantastically insincere politician,” writes Frank Bruni in the NYT. Trump seized on her (Hillary’s) convention-speech optimism and used it against her in a series of tweets on Thursday night and Friday […]
Obama: Worst Growth President in Decades
The Wall Street Journal reports this unsurprising finding: Economic growth is now tracking at a 1% rate in 2016—the weakest start to a year since 2011—when combined with a downwardly revised reading for the first quarter. That makes for an annual average rate of 2.1% growth since the end of the recession, the weakest pace […]
Are Your Retirement Plans Ready for the Robot Uprising?
Many smaller businesses that wouldn’t typically be served well by the financial industry are being forced to create pension plans for their employees. Whether this is good or bad, these small businesses will need the absolute cheapest option in order to fulfill their regulatory obligations while simultaneously remaining afloat. Of course, when businesses need cookie cutter […]
- « Previous Page
- 1
- …
- 9
- 10
- 11
