Coming down the mountain – Don’t look down! It is the general consensus among mountain climbers and hikers that going up is relatively safer or easier than coming down. When descending, it is hard to be sure footed when distracted by the height and the fear of...
This is a summary of Chairman Jerome Powell’s August 23, 2024, speech at the annual economic symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming. CURRENT STATUS A. DUAL MANDATE The Federal Open Market Committee’s (FOMC)...
SUMMARY This document is solely based on the information from the Complaint and no efforts have been made to verify or confirm the completeness or truthfulness of any facts and circumstances. According to the Complaint, TIAA and Morningstar acting as fiduciaries to...
Summary The financial, emotional, geopolitical, demographics, financial and economic impact and effects (especially exposing the system vulnerability and behavioral finance) from the Pandemic have a very long tail. Changes in some areas are more structural and...
On May 24, 2024, a class action complaint was filed in the Eastern District Court of Virginia by Debra Hanigan, et al (“Plaintiff”) against Bechtel Global Corporation and the Bechtel Trust & Thrift Plan Committee (“Defendants”) for a breach of fiduciary duty of...
