People look forward to their golden years for a variety of reasons. It’s a great opportunity to spend more time with family, increase spiritual activities, and finally cut back on a grueling work load. But a growing number of people are watching those plans vanish because of an unexpected development: They are being forced into bankruptcy. The reason for this: out-of-control medical bills.
Just when the news becomes so weird, so bizarre, that you’re sure it can’t get any crazier, it does. If you’re skeptical about this, check the latest issue of The Economist, a well-known and respected financial magazine. An article they just ran urges readers to change their diet in order to save the planet. Their recommendation: People should eat bugs.
The stock market keeps making new highs, the number of new jobs are at a record high, and many millions are enjoying a tax cut, but don’t try convincing consumers that happy days are here again. Nearly half know things are not as good as they sound, and they know this from a very reliable source: their own experiences.
Countless people try to figure out whether stocks are bargains or overpriced, but no one on Wall Street can do this better than company insiders. CEOs, CFOs, and other senior executives know everything important there is to know about their companies, and that’s why very recent statistics about their activities are so worrisome. Insiders, you see, are unloading stock at the fastest pace in two decades.
After 17 years of planning, stop and start construction, lawsuits, delays, and a budget that grew to $5 billion, the American Dream Mall is finally scheduled to open on October 25. It will feature more than 350 shops, a large variety of restaurants and eateries, an amusement park, ice rink, and ski area. The principals and businesses that have invested in the mall are betting that it will be the start of a trend away from the age of Amazon and toward more traditional shopping. The industry is hoping they are right, because it could sure use a shot in the arm.