FINANCIAL PLANNING & INVESTING INSIGHTS
How Can You Rebuild a Broken Retirement Three-Legged Stool?
The road to retirement is not as straightforward as it used to be. There was a time when simple metaphors, like the three-legged stool of retirement, captured how you could achieve retirement security with ease. This concept illustrated how securing a good pension, obtaining a solid return on your savings, and relying on social security might have paved the way for financial comfort in your golden years. Relying on just one leg could lead to failed retirement goals, while relying…
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What is the deficit impact of President Trumps COVID executive orders? Long story short, not much by CARES Act standards given that much of the money will be appropriated from existing funds.
http://www.crfb.org/blogs/how-much-would-president-trumps-executive-orders-cost
The Trade War prompted moves among some MNCs to shift supply chains away from China. Mexico and Vietnam are seen as two significant benefactors from this shift. Yet, the global healthcare crisis is one factor that remains a risk to these plans.
https://www.piie.com/blogs/trade-and-investment-policy-watch/vietnam-and-mexico-could-become-major-players-global-supply
Tensions over Kashmir are, in some ways pushing India closer to the US. Russia is a key roadblock to stronger US-India relations. Some indications suggest this could be less of an issue as India rises on the global stage.
https://thediplomat.com/2020/08/india-cannot-rely-on-russian-defense-ties-anymore/