This article has an important message to people in their 20s: save for retirement now. They recommend 8% a month. 8% might not be ideal for everyone but it’s better than nothing (much better actually).
Archive for November, 2007
The US trade deficit is shrinking which is good for US producers like GE. However, if the only reason is the weak dollar then this could be bad news for consumers who will have less spending power.
Even then, since imported goods will be relatively more expensive it’s not likely to be terrible news for US companies – foreign companies that rely on the US market may be the ones really at risk here.