With more dismal U.S. economic data emerging this week, one marketing consultant wealth manager is advising her financial industry clients colleagues to ignore the masses altogether and focus solely on the ultra rich.
Over the last several years, more Americans have found that aging has left them in the clutch of poverty. Between 2005 and 2009, the rate of poverty among American seniors rose as they aged, as did the number of people entering poverty, according to a new report from the nonpartisan Employee Benefit Research Institute (EBRI).
Jack Ablin, the chief investment officer at Harris Private Bank, has come up with an interesting way of looking at the U.S. healthcare debate — in particular, why does health care cost so much. His idea? Think of it like going out for dinner and splitting the bill with hundreds of thousands of other diners versus paying for your own meal. Would you order the steak and champagne or the chicken and a glass of water? Ablin enlisted the help of the owner of Aqua Grill in Ponte Vedra Beach, Florida, to help him find out.
MacroScope is pleased to post the following from guest blogger Stewart Armer. Stewart is head of socially responsible investing at Fortis Investments. He outlines here how huge stimulus plans could boost sustainable economic development. His team blogs on this issue at SRI Blog.