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Advisor Zach Parker discusses his billion-dollar ambition for Securities America's NextPhase "buckets" retirement investment program.
Professor turned portfolio manager warns of misleading P/E ratios, bank earnings and Fed insolvency in "overvalued, overbullish markets."
Consumer confidence plunged to two-year lows in August, stoking predictions and outright declarations that the economy has slipped into recession.
A Washington think tank looking at long-term employment trends added discouraging data about reduced earning power for men in America.
If history is a guide, the S&P 500 stock index may have another 8% to 20% to fall from the current level in the event of a recession, according to an equity research report issued Monday by Standard & Poors.