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Saving & Budgeting

India, Pakistan, and Growth – Part I

Saving & Budgeting / By Aidan Kang, CFA

There are a number of examples in history where two countries that share the same fate and trajectory for a while suddenly start to diverge in their economic fortunes. A persistent difference in the growth rates of the two countries (as opposed to factors such as better saving rates) – i.e. a difference in long-run growth – …

India, Pakistan, and Growth – Part I Read More »

Weakening Economy or Just Bad Winter?

Saving & Budgeting / By Aidan Kang, CFA

Retail spending by households in January 2014 was a major disappointment, coming in well below expectations. January 2014 was also one of the coldest months in memory in many parts of the country. Was the extreme cold weather to blame for weak retail spending? Or is the economy weakening? Perhaps households were trying to save …

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Is Rising Housing Wealth Great News for Spending?

Saving & Budgeting / By Aidan Kang, CFA

The Federal Reserve reported yesterday a continued rise in home values, offering a boost to household wealth. From 2006 to 2011, housing wealth fell from $23 trillion to $16 trillion, a loss that devastated the U.S. economy. Our research estimates that almost half of the decline in spending during the Great Recession can be attributed …

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Aidan Kang, CFA

Aidan has been writing about personal finance for over 6 years. Prior to this, he worked as a Corporate Finance Analyst where he specialized in Due Diligence, Company Valuations and more. He is a CFA charterholder.

About Aidan Kang, CFA

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