Facebook’s parent firm Meta just plunged over $200 billion in stock value. That’s the biggest-ever collapse in market value for a US company. Meta’s 26% decline in its stock price weighed heavily on major U.S. indexes and rippled across the market. The major averages all concluded Thursday’s trading session deep into the red. Market mainstays … Read more

Whatever the Fed wants to call it – a cooling off, a correction – the end result is the same, the economy is in trouble and so are your retirement funds. For the past two years, the Federal Reserve has been recklessly printing trillions of dollars. Surprising no one but themselves, this has put the … Read more

The stock market is on a roller coaster ride as the Fed tightens monetary policy. The S&P 500 erased a rally of almost 2% ¹, while the Nasdaq 100 sank to its lowest since last June and the Dow fell 141 points. The Federal Reserve announced on Wednesday that they will start a series of … Read more

Byron Wein, the vice chair of investment giant Blackstone’s private wealth solutions group, recently announced his prediction for a 20% rise in gold, taking it to a record high of more than $2,160 an ounce. The cause? Protection against inflation and market volatility. Wein also called that new billionaires are likely to invest in gold. … Read more

Although we recently entered into a new year, the fact that the economy feels like it’s been in an intense game of Jenga that could collapse at any moment, unfortunately, was not left behind in 2020… or 2021… Hundreds of millions of Americans, while still going about their everyday lives, all seem to be waiting … Read more