THE NATIONAL DEBT IS BIG. Last year, the U.S. economy produced about $27.9 trillion worth of goods and services. At the end of 2023, the U.S. national debt was about $33.2 trillion.So, America’s debt is currently bigger than its economy.The U.S. national debt has accumulated over decades. Each year the
Published on 2023-04-14T23:39:20ZGreg Womack President of Womack Investment Advisers, on Frankie Boyer Radio Show: For over 30 years, Greg Womack has been an active professional in the financial services industry. His business experience teamed with his simple, yet dynamic, delivery of financial core concepts makes him a great guest speaker
Berkshire Hathaway CEO Warren Buffett (L) and his business partner Vice Chairman Charles Munger are among the five Berkshire directors age 90 or older.
Over the this past weekend, the US government approved plans to safeguard, depositors and financial institutions from the collapse of the Silicon Valley Bank, and from Signature Bank in New York. According to an article from CNBC, the federal reserve was creating a bank term funding program to help secure
November 2, 2022Market Summary: Overall, October featured hotter-than-expected inflation data, mixed earnings results, and higher equity index pricing, with notable strength in industrial sectors. In particular, hopes that the Federal Reserve would slow the pace of rate hikes played a key role in market sentiment for the month.As for the stock market, we