How to Retire With Millions

With the rising cost of living and a longer life expectancy, the most realistic way of retiring comfortably is to be a millionaire by the time you stop working full time. This may sound like a pipe dream but it’s actually not that difficult to achieve, even for ordinary people. It does, however, require careful planning. Here are some tips to help you retire with millions.
— Read on www.msn.com/en-ca/money/retirement/how-to-retire-with-millions/ss-BBWk5xT

What is the Italian clash with EU over fiscal policy about?

The European Commission is likely to begin disciplinary procedures against Italy on Wednesday over the country’s failure to reduce public debt as required by EU law. WHY IS THE COMMISSION TURNING ON ITALY? European Union rules say that governments must reduce public debt every year, calculated
— Read on ca.finance.yahoo.com/news/italian-clash-eu-over-fiscal-110847160.html

Why World’s Most Enduring Growth Story Is Starting to Wobble

Australia hasn’t recorded two straight quarters of economic contraction since the first half of 1991, meaning it’s just a month away from overtaking the Dutch record and posting 28 years of continuous expansion. With home prices sinking, households swimming in record debt and the escalating U.S.-China
— Read on ca.finance.yahoo.com/news/why-world-apos-most-enduring-140001653.html

Pattie Lovett-Reid: Here’s what the rich do differently than the rest of us – BNN Bloomberg

Pattie Lovett-Reid: Here’s what the rich do differently than the rest of us – BNN Bloomberg
— Read on www.bnnbloomberg.ca/pattie-lovett-reid-here-s-what-the-rich-do-differently-than-the-rest-of-us-1.1265727

Global recession fears grow as factory activity shrinks – Reuters

Factory activity contracted across Asia and Europe last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers to roll out more stimulus.
— Read on www.reuters.com/article/us-global-economy/global-recession-fears-grow-as-factory-activity-shrinks-idUSKCN1T40EI

Yield curve is no longer a reliable recession predictor: Wells Fargo

Yield curve inversions have historically been good indicators of oncoming U.S. recessions, but Wells Fargo Securities’ global head of rate strategy says that may no longer be the case.
— Read on www.cnbc.com/2019/05/31/yield-curve-is-no-longer-a-reliable-recession-predictor-wells-fargo.html

Everyone still relies on a stock’s P-E ratio to invest, but a study shows it’s bunk

Evaluating the price-to-earnings ratio is a deeply ingrained practice for investors. But it isn’t a metric that delivers positive results.
— Read on www.cnbc.com/2019/05/31/everyone-still-relies-on-a-stocks-p-e-ratio-to-invest-but-a-study-shows-its-bunk.html