From about 1991 to 2001, Japan suffered what is called its “Lost Decade,” as a result of steep declines in housing prices and the stock market. During this period, commercial real estate prices fell by about 87%, accompanied by economic stagnation and deflation. This period saw the stock market decline
Millions of American investors lost many billions of dollars or more as a result of the 2008 mass housing and financial frauds. But very few people have taken the time to investigate why they lost money and what the U.S. financial services industry did to help create the crisis in the first
Federal prosecutions fof certain financial crimes has reached a 20-year low, according to a new report from the Transactional Records Access Clearinghouse (TRAC) at Syracuse University.
The nation’s average retirement age is rising from 65 to 80, according to Wells Fargo & Co.
It looks like the New World Economic Order has gone mainstream. That seems to be the case when Merrill Lynch Wealth Management offers its opinion about the re-alignment of the global economy, the idea of buy-and- hold investing, the role of commodities in a portfolio, risk management and the declining
A new survey shows Americans are pessimistic and have very poor retirement plans and financial assets. Among the highlights of the Yahoo Finance poll are: — 41% of Americans say the “American Dream” has been lost. — 37% of adults have no retirement savings and 38% plan to live off Social Security.