The good news is that since the financial meltdown of 2008, Americans have managed to shed a lot of the debt that made them so vulnerable to financial downturns. The bad news is that some of this debt is simply transferring to other debt, which helps t explain why the economy is showing such anemic growth. In a series of charts by UC Berkeley Economics Ph.D. student Owen Zidar, the U.S. is showing stagnant wages and low inflation, which makes it hard to pay down debt without cutting back elsewhere. Meanwhile, while household mortgage debt has decreased, it’s mainly because people are opting to go to school instead, building up student loan debt. Also, the number of defaults on debt has not been so great as to change the conditions of credit from banks. As a result, the people who owe less than before can’t borrow, and the people who can borrow don’t owe less than before.
Medicare managers' new spreadsheets suggested that Medicare drug plan growth may have stalled.
The distributor will now generate about $200 million in new final expense life premium revenue per year.
Pamela Heinrich says using the word would create a 'tripwire.'
Sponsored by American Portfolios
Making sure customers are satisfied is no longer enough. Discover six ways to delight your clients, while solidifying your bond.
Sponsored by FTJ | FundChoice
You need a way to effectively manage client expectations, especially when the market makes erratic swings. Answers to three key questions will give you a great place to start.
Sponsored by Orion Advisor Services
Winning & retaining clients in today’s landscape requires you to have the ability to customize portfolios to their individual needs.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.