Two-fifths of older workers are “delaying retirement” because of inflation, markets

There’s a new survey out, and everything about it pisses me off. Retirement confidence is very low. Retirement anxiety is the way to go. Women in particular sacrifice their retirement plans to provide financial assistance to “family members” (adult children, presumably) or friends. Basic knowledge of retirement is minimal. Read: Boost your bank account by … Read more

Recession or not, Wall Street still expects inflation to produce record profit margins, with more on the way

The layoffs are piling up. The recessions are deepening. But as prices continue to rise, Wall Street expects net profit margins for the companies that make up the S&P 500 to remain at levels far above any level before the COVID-19 pandemic. As fourth-quarter results come in, Wall Street analysts expect 2022 net profit margins … Read more