As we await the U.S. presidential election results, we review the results of the Trump Administration's economic policies to see if Americans are better off financially than they were four years ago. Topics covered include: Why pollsters and election models can be wrongWhy the state of the economy often drives election outcomesWhat has been the economic impact of the 2017 Tax Cuts and Jobs ActWhat has been the impact of the U.S. trade war with ChinaHow have poverty and health insurance … [Read more...]
132: Trump Wins – Now What?
What should you do about Trump presidency? And how the truth was the real loser in this presidential election. Photo by Olu Eletu In this episode you'll learn: How fake news gets equal billing as real news. How news spreads through echo chambers. Why most knowledge is actually faith in authority. Why we need a weight of evidence approach from multiple credible sources to decide what we believe is the truth. What are the potential impact of a Trump presidency on the … [Read more...]
MNY118 Plus: Stock Market Returns Around Presidential Elections
This week on Money For the Rest of Us Plus we look at what returns have been for the U.S. stock market during the election cycle. We also look how whether the U.S. is in an recession or not has influenced the outcome of the election. Other topics in the episode include: What happens when a mutual fund closes to new investors, Why investors should use limit orders when trading, Why caused the ETF crash in the early trading minutes of August 24, 2015, Are Stable Value Funds a good … [Read more...]