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A nation is nothing without infrastructure. It is the literal blueprint which allows education, healthcare, commerce and trade to expand and progress within rural and urban areas alike. A country is identified and remembered by its most outstanding infrastructure, from longstanding historic monuments to major highways. Thus, it goes without saying that it must be […]
When it comes to the financial industry, there is a major fallacy that exists: that Wall Street deals only with elite, rich people who deserve to lose their money, and that Mom and Pop are not directly affected by the antics and conflicted practices in the industry. This couldn’t be farther from the truth. Even […]
A decade ago, nearly all of the smartest business school graduates flocked to Wall Street traditional corporate jobs in finance and management. Today, I see a growing number of newly minted Ivy League graduates decide to start their own businesses or go to work for Silicon Valley startups. In one study of over 30,000 Wharton […]
On March 18th 2014 the US Federal Reserve Chair Janet Yellen stated the need for “reasonable confidence” in order to effectuate a more conservative monetary policy focusing on interest rate raise. Chair Yellen has indicated four macroeconomic factors that need to be further monitored. The labor market with further unemployment rate decline; A continued rise […]
It is a sad fact today that most people starting with students are financially illiterate. Here are some sobering facts: The average score on a freshman “financial literacy exam” was 59%, according to the JumpStart Coalition. The average student has roughly $23,000 in student loans, $4,000 in credit card debt and four credit cards. An […]
