Author: super@dmin

Jared Dillian, strategist at Mauldin Economics and former head of ETF trading at Lehman Bros., made a lot of good points in his recent take regarding retirement planning entitled, “The ‘radical saving’ trend is based on fantasy.” But one thing he said really rattled Reddit’s “FIRE” board, where half a million subscribers gather to share…

The Democrats won the House, the Republicans kept the Senate, and future retirees should be paying close attention to retirement legislation these next few years. A split Congress isn’t the worst thing for retirees, but it may not be all that helpful either. With each party in control of a chamber, gridlock is bound to…

Big spending helped Democrats take over control of the House of Representatives in Tuesday’s midterm elections. Three House contests stand out in particular for featuring a Democratic challenger who significantly outspent — and then went on to defeat — a GOP incumbent. They are Virginia Democrat Abigail Spanberger’s projected win over GOP Rep. Dave Brat,…

Luck plays a far greater role than ability in whether an adviser beats the market. Retirees are uniquely positioned to appreciate this, and to understand its investment implications. One of the wisdoms afforded by age is the recognition that the control our younger selves thought we had over life’s direction was largely an illusion. This…

The U.K.’s main stock index shot higher on Wednesday, with resource stocks driving the gains as investors breathed took news of U.S. midterm elections in stride and used it as an excuse to buy assets perceived as riskier, such as equities. How markets are performing The FTSE 100 UKX, +0.98% rose 1.2% to 7,129.05, after…

Bitcoin prices moved higher Wednesday, trading above $6,500 for the first time since mid-October. A single bitcoin BTCUSD, +1.20%  was last changing hands at $6,523.57, up 1.3% since Tuesday at 5 p.m. Eastern Time on the Kraken exchange. The move higher in the world’s largest digital currency has dragged the market cap for all cryptocurrencies…

Getty Images President Donald Trump talks about immigration in the Roosevelt Room at the White House earlier this month. Democrats in the House will obtain a copy of President Trump’s tax returns now that they control the chamber, a member of the party’s leadership in the chamber predicted Wednesday. “The American people will see his…

The U.S. dollar weakened against its major rivals on Wednesday as investors digested the results of the U.S. midterm election in which the Democrats took control of the House of Representatives. The greenback’s weakness on the back of a Democratic victory was expected, reflecting skepticism that the stimulus bonanza, including further tax cuts, that had…

The midterm elections delivered a split decision on Congress, as expected, with results still trickling in early Wednesday. The Democrats grabbed a hold of a majority in the House for the first time since 2010, while the GOP retained control of the Senate, in what many has characterized as a vote that was a referendum…

For financial markets, one takeaway mattered above all others in the midterm election—no curveballs. And that’s basically what was delivered as pundits who got it so wrong in 2016 correctly forecast the end of one-party rule this time. With Dems calling the shots in the House, we could see no end to investigations, subpoenas and…