U.S. is #1: World’s Most Competitive Economy

For the first time in a decade the U.S. is the world’s most competitive economy. That according to the World Economic Forum rankings. Thank you President Trump. And the good news is, there’s room for improvement.

I can tell you from my conversations with investors that Trump has brought a new level of energy, an energy that was missing in the Obama years. And, finally, the misguided zero percent interest rate policy—a brutal time for savers as their life savings earned nothing as it was given away for free to Wall Street—may be behind us.

Which leads me to believe that this is a wonderful time for you to guide your financial ship back on course. There is a lot of cash floating aimlessly in the financial harbor so to speak. Now is the time to put your zero percent money back to work. It’s time to set sail. Because the Trump bond revolution is unfolding before your very eyes and it would be a terrible thing to waste sitting on your mooring.

TheGlobalCompetitivenessReport2018

Originally posted on Yoursurvivalguy.com.

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E.J. Smith - Your Survival Guy

Preparing your investments and family for when disaster strikes.

E.J. Smith is the Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention. E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@youngresearch.com. Sign up here to receive all the best content from Richardcyoung.com each week.