While it may seem unlikely, the politics of economics can impact your bottom line. Bennett Group Financial’s CEO Dawn J. Bennett knows this first hand from being the subject of a Securities and Exchange Committee’s (SEC) investigation for seven years. Calling it a witch hunt, during the time the SEC investigated her, the Financial Industry Regulatory Authority, Inc. (FINRA) conducted an audit that included a destructive search of her office and personal items.
The Dodd-Frank act did add some necessary oversight to the financial industry as reaction to the mortgage crisis. However, the government is adding more oversight and limiting personal freedoms. It is a balancing act for the government and for you, its citizens. Many factors converge in the creation of regulation and the country’s willingness to be regulated.
Economic indicators come in many forms and it takes a lot of experience and education to know which indicators are essential. There is balancing act that involves looking at many data sources to see if all support a good economy. Dawn excels in reading the indicators and figuring out where the economy is headed. See more at http://www.financialmythbusting.com/archive.html#main2
Bennett Group Financials cautions be wary of the today’s historically high stock market. Many other economic indicters contradict that healthy indicator. Debt for many countries around the globe is expected to rise according to Standard & Poor’s Global Ratings. Of the companies who have reported second quarter earnings for 2016 show greatly reduced earnings. Even the oil rich Middle Eastern countries have red line budgets. Educate yourself and vote.