Tag Archives: The Great Recession
Research Shows Consumers’ Financial Stress Increasing but Move Toward More Responsible Financial Behavior
Latest research shows consumers financial stress is rising despite 15% returns from Wall Street. Consumers still lacking knowledge to retire well and are just trying to make end’s meet in the aftermath of a financial crisis. On a positive note, consumers are becoming more aware of where their finances are going and are heading towards [...]
Americans Unchanged One Year After Fall of Lehman Bros.
Tuesday marks one year since the bankruptcy of Lehman Brothers brought the American economy, and by extension the world, to near financial collapse. By year’s end the Dow Jones Industrial Average fell more than in any year since 1931. Americans’ lost a fifth of their household wealth, by far the largest annual decline since the [...]
