It is the 18th of October 2019

News

Six-Figure Pensions For University Of California Teachers Surge 60% Since 2012

Back in January 2017, the University of California system of schools approved their first in-state tuition hike in six years.  And while one might hope that the extra millions of dollars raised as a result of those hikes would go toward a better education for students, in reality, a large chuck will go to fund the exorbitant pensions of retired teachers. 

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Global Pension Underfunding Will Grow To $400 Trillion Over Next 30 Years: World Economic Forum

Earlier this week we highlighted "Six Terrifying Graphs That Summarize America's Public Pension Crisis" which ranked state, county and city-level public pensions in the United States by which are screwed the most.  To summarize, the study concluded that public pensions in the U.S. alone are currently underfunded by nearly $4 trillion and that taxpayers in Illinois, California and New Jersey should probably be looking to move before getting drowned in their state's coming pension-induced tax hike tsunami.

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Here Are The "Costanza Trades" Of 2017

In what, for the past seven years, has been an upside-down investing world where the opposite of what financial and economic theory - and certainly consensus - suggests should happens with centrally-planned regularity, what better trading recommendation list than one focusing on the "Costanza Trades" for the year ahead.

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"This Is The Capitulation Phase" - Why Treasury Yields Are About To Really Plunge

While mom and pop investors and BTFDers (if not so much hedge and mutual funds and other "smart money") have been delighted by the latest V-shaped surge in stocks, it has come as we have repeatedly shown...

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