The financial reform bill recently signed into law is an attempt to address some of the problems that contributed to the 2008 financial crisis. The legislation, officially known as the Dodd-Frank Wall Street Reform and Consumer Protection Act, is considered the most wide-ranging overhaul of the U.S. financial system since the aftermath of the Great Depression.
As economic troubles cascade from the largest corporate entity down to the single individual, people are quick to confront the well known dangers like inflation. However, an old threat is creeping out of the pages of our history books and re-inserting itself into the economic fabric of America: It is deflation.
Seems to me that many analysts, advisors, and media outlets that are bullish on domestic stocks, believe the market correction that we’ve experience over the last several weeks is over. Market pundits points that the markets are oversold – a technical analysis term describing a stock (or market) falling too far and/or is underpriced, i.e.
By Allen Yee
When it comes to talking about IRA’s, one of the big topics of conversation today is whether a client with a traditional IRA should convert to a Roth IRA. In this Financial Strategy of the month we’ll investigate the differences between the two retirement accounts and the option to convert from one type of account to another.