|
Failing to Plan is Planning to Fail
April 23, 2024
2024 is a presidential election year, which means some very familiar economic topics are forefront in the news. Three big topics usually debated are inflation, rising Federal debt and the insolvency of Social Security. The Social Security Administration has estimated that the Social Security Trust Fund will be depleted in 2033. Does this mean Social Security will be bankrupt or in default?
We’ll take a look at that and what rising U.S. Treasury yields may be telling us in that regard. Finally, I’ll share some advice on how to plan for the next stock market correction. We may be headed toward one in the near future, so it’s best to plan for it now.
|
