New Data Says You Likely Can’t Afford to Retire
by Sasha Cekerevac, Investment Contrarians:
As the stock market in America continues to move upward into elevated territory, the Federal Reserveand its monetary policy program of creating an abundance of liquidity and cash in the financial system deserve much of the credit.
However, the average American has not participated in this giant creation of wealth over the last few years and they are extremely concerned about their future retirement plans.
The problem with the Federal Reserve’s monetary policy program is that it cannot solve inherent structural issues prevalent in America today. Monetary policy initiatives can help only a certain section of America, namely the financial markets.