The nastiest problem in finance is de-accumulation or 'decumulation,' the use of savings in retirement -- does Nobel laureate William Sharpe have a solution?
Here's a modest proposal that wont cost very much and has enormous potential benefits: Raise the ceiling on contributions to individual retirement accounts (IRAs), 401(k)s and other tax-deferred retirement-savings accounts.
Some time ago, I suggested that we would eventually learn whether higher minimum wages were going to kill jobs. The early data is in, and so far it doesnt look like they do.
Let's give Anthony Scaramucci, an economic adviser to Trump, the benefit of the doubt when he compares the fiduciary rule to the 1857 Supreme Court ruling which held that African-Americans were property, not U.S. citizens. If it were me, I would apologize and move on.