Mutual Funds Are Using Your Money to Push ESG

We’re all social justice warriors now. by Rich Weinstein and Allen Mendenhall September 16, 2022, 11:52 PM The mutual fund industry has gone “woke.” It’s not just the asset managers who screen socially “unacceptable” companies in industries involving, say, guns, fossil fuels, tobacco, or gambling. Those have been around for decades. No, there’s something else […]

Average US Credit Card Rate Hits Highest On Record

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While the Fed’s rate hiking cycle is about to push the overnight Fed Funds Rate to 2.50% in two weeks, banks have so far completely refused to translate these sharply higher wholesale rates into benefits for US savers. In fact, as the following breakdown of consumer deposit rates at the largest US bank, one would […]

How To Invest During A Recession

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The U.S. economy fell into a technical recession following back-to-back quarters of negative GDP growth in the first half of 2022, as rampant and broad-based price inflation affected businesses and consumers. As economists and market analysts look ahead to 2023, they agree that the country will begin to experience the real pain of an economic […]