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Less Than Half of Americans can Pass Basic Test of Financial Literacy

A recent report from the FINRA foundation showed that two-thirds of Americans couldn’t pass the fundamental financial literacy test. This study carried out from the National Capability Study surveyed 27,562 Americans between June to October 2015. One of the biggest problems for the participant is...

How To Financially Prepare For The Next Recession

The idea of yet another recession can be fearsome to picture. According to Bankrate's latest Economic Indicator Survey, over half of the population of economists feel that economic dangers over the next 12 to 18 months are highly unlikely. However, it's not a question of whether or not recession will occur, but rather how you can financially prepare for the next...

Economic Recession Predictions: How The Economy Is Doing?

Jobs, jobs, Jobs, the promise of U.S President Donald Trump when he was elected as a President. The tax cuts and increasing government expenses have been a surge in federal budget deficits. Bipartisan Congressional Budget Office has predicted that this year it would average...

Economic Recession 2019: Reasons Why Jamie Dimon Doesn’t See A Recession Coming in 2019

On Jamie Dimon’s annual letter Thursday, he reveals why he’s convinced that we’re not going to see a recession in 2019: The Inverted Yield Curve is Insignificant According to an article published in Fortune, investors have been distressed over the recent, and temporary, inversion of the...

Will There Be A Recession? Jobs Report Confirms That It’s Not an Economic Decline, But Rather a Slowdown

America created 196,000 jobs in March and it’s neither a good nor bad news. According to the Labor Department, the unemployment rate was 3.8% and that the average hourly pay increased by 3.2% in the last 12 months – these reports convey an economy that...

Housing Market: Most People Won’t Lose Their Homes in Economic Recession

Around 40% of residents of the United States believes that the economy in the US has taken a downturn, while 17% of Americans think that the United States is already under a recession or economic depression, based on the recent poll by Gallup. As a...
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