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Iceberg, right ahead!

There’s a glacier out there. It isn’t going to sink your boat, but it is sitting in the middle of the household balance sheet, freezing the income on savings.

Comfortably insulated

Britain’s vote to exit the EU has caught markets wrong-footed. We saw firsthand the negative effects of the overhang of macro events earlier this year – China’s slowing growth, falling oil prices and Federal Reserve policy speculation.

“Easy” is relative

The Fed has made it clear that it plans to follow December’s rate hike with further “removal of policy accommodation.” But just how much accommodation is there left to remove?

Hey, where’s the growth?

Why is economic growth slowing?

It’s not polite to ask an expansion how old it is

In the words of Federal Reserve Chair Yellen, there is no reason for an expansion to “die of old age.” Why time alone does not increase the probability of a recession.

What Pokémon Go can teach us about investing

The Pokémon Go craze is a great way to think about alternatives. Investors are looking at the real world and choosing to chase something imaginary: growth.

Income IS the outcome

We’re expected to live much longer than our parents and grandparents. That’s great news. Yet it begs the question: How do we pay for it?

Left behind

Today technology allows companies to do more with less. However, the extraordinary rate of change can expose a gap between those that seize new opportunities and industries grappling to keep pace.

U.S. stock market: What are you really buying?

Major stock indexes hang near their all-time highs, while the number of public U.S. companies has plunged since the mid-1990s. What do these diverging trends mean for investors’ portfolios?

Beyond the election

For the second time in only a few months, a major voting decision has delivered an unexpected result. The victory of Donald Trump in the U.S. presidential election was largely unexpected and, following the old adage that “markets don’t like uncertainty,” may cause a global spike in volatility.
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