Federal Reserve Rate Cut Proves to Be Ineffective- Dow Jones and 401k’s Posts Worst Week in 2019

Jerome Powell says the economy’s so great, we’re going to go ahead and cut interest rates anyway, but just a little tease so we can all see what happens. The stock market responded by dropping a full 1% across the board, not satisfied with the token measures presented at today’s Federal Reserve meeting. Federal Reserve […]

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401k and IRA Accounts Beware of These Interest Rate Cuts! It’s Not as Safe as You Think

World Central Banks Collude to Cut Interest Rates   With even the official jobs numbers failing to meet estimates and expectations, the Federal Reserve headed by Jerome Powell has promised to benevolently lower interest rates to ensure the economy which runs largely on debt and borrowed money, can continue unabated. Before anyone thinks this is […]

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