US & Iran Exchange Heavy Strikes For 5th Day As Trump Warns He'll Take Out Power Plants Next

The Weak Dollar Narrative Authored by Lance Roberts via RealInvestmentAdvice.com, We have spent a lot of time over the last year debunking “narratives,” which are dangerous to investors, as “narratives” create a rationalization for overpaying for assets. Nonetheless, Wall Street loves a simple story and is happy to jump on a trend with momentum, selling products to unwitting consumers. A good example of that lately has been the “weak dollar” narrative, which has pushed investors to chase foreign assets. The negative correlation between a weak dollar and rising international stock exposure appears to be a free return. Unsurprisingly, the...

These Are The Highest-Paying College Majors College is one of the largest investments many people make, and a student’s field of study can shape its long-term financial return. Which Majors Earn the Most by Mid-Career? The chart below, via Visual Capitalist's Srijaa Chatterjee, ranks college majors by median mid-career wage. Data from the Federal Reserve Bank of New York compares median wages across dozens of college majors for workers ages 35 to 45. Engineering and technical disciplines dominate the upper end of the ranking. Alongside the three leading majors, electrical engineering pays a median of $123,000,...

Waste Of The Day: SBA Reviewed Loans 20 Years Late Authored by Jeremy Portnoy via RealClearInvestigations, The Small Business Administration potentially made $11.5 million in improper payments to banks after overruling its own employees who had recommended reducing or denying government guarantees on 16 failed small-business loans. For another 13 failed loans, SBA took so long to review them that the six-year statute of limitations expired, wasting another $5.4 million, according to an Aug. 27 inspector general report. Key facts: SBA's 7(a) program helps startups with a risky business model get loans, but...