Stan Druckenmiller, chairman and chief investment officer of Duquesne Family Office LLC, one of the best-performing hedge fund managers in the past 30 years, warns the youth of America that seniors are out to steal their money. What Druckenmiller is getting at is that the mushrooming costs of Social Security, Medicare and Medicaid, with unfunded liabilities as high as $211 trillion, will bankrupt the nation’s youth, making the $16 trillion of debt being debated in Congress look trivial in comparison, and the $29 trillion of value wiped out by the 2008 financial crisis look like a minor accounting error.
HHS wants drugmakers to put the full list prices of drugs in their ads.
Feeling scattered? Consider going narrow. And deep.
The pool of younger applicants shrank more slowly.
Sponsored by Nuveen
The retirement market is evolving. Help your plan sponsor clients understand what’s next in defined contribution with the latest thinking in investments, participant engagement strategies and fiduciary perspectives.
Sponsored by Orion Advisor Services
Constructing tax-efficient SMA strategies used to be an expensive and time-intensive endeavor. Not anymore. Learn how to personalize client portfolios in minutes--and at a fraction of the cost of outsourcing to a third party.
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.