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Market Shorts – JP Morgan is rolling out the first US bank-backed cryptocurrency to transform payments business

Source: CNBC “The first cryptocurrency created by a major U.S. bank is here — and it’s from J.P. Morgan Chase.The lender moves more than $6 trillion around the world every day for corporations in its massive wholesale payments business. In trials set to start in...

Market Shorts – Do you have enough retirement savings to last 23 years?

Source: Marketwatch “Looking at the income, living expenses and lifespans of today’s retirees can help you make the right financial moves so your golden years aren’t tarnished by an unexpected shortfall….The average remaining life expectancy of...

Market Shorts – Public employees are living longer than expected, deepening state pension crisis

Source: City Journal “The second-longest bull market in American history hasn’t stopped the deterioration of state and local pension funds, whose unfunded debt has almost quadrupled – by their own accounting – from about $360 billion in 2007 to...

Market Shorts – A looming retirement crisis threatens us and future generations

Source: CNBC “Every day, millions of Americans go to their jobs, work hard, and play by the rules to pay the bills and put food on the table each night. But they often struggle to then find any way to save for retirement. Currently, almost half of all American...

Market Shorts – We’re Overdue for a Sell-Everything/No-Fed-Rescue Recession

Source: Smith/Of Two Minds “Central banks, like generals, always fight the last war – until the war is lost. The global economy is careening into recession (call it a ‘slowdown’ if you are employed by the Corporate-State Media), and while we...
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