Social Security Trust Fund Projected to Vanish Next Year

  • April 1, 2009

The government has historically raided the Social Security trust fund using its surplus to make the deficit look smaller. Now the trust fund's annual surplus is forecast to vanish next year. President Obama has proposed applying payroll taxes to annual earnings over $250,000 to help fund the trust fund when the suplus vanishes.

60 Minutes Interview With Bob Bernanke

  • March 16, 2009

See Bernanke's first TV interview about the financial crisis on 60 minutes.

PBS Frontline “Inside The Meltdown”

  • March 12, 2009

If you didn’t get a chance to see this on TV when it orginally aired you can watch it online. The...

Is Inflation Next? Warren Buffet Thinks So

  • March 9, 2009

Warren Buffet stated in a Reuters.com article that he believes the economy fell off a cliff but will eventually recover. The recovery could trigger inflation worse than the inflation of the late 1970's.

Your Retirement Goals Pushed Back?

  • February 20, 2009

Despite tightening their wallets, Americans are now further from achieving their retirement goals amidst the weakening economy. That’s the word from Bank of America in its new 2008 Retirement Savings Survey which says that a growing number of Americans are concerned that the current economic crisis is threatening to leave them further behind on their retirement plans.

Oppenheimer Asset Management, Inc.

  • February 19, 2009

February 17, 2009........Comments by Tom Robinson, President Last week was not pretty for equities virtually anywhere.

Oppenheimer Asset Management, Inc.

  • February 9, 2009

February 9, 2009......Comments by Tom Robinson, President Stock markets generally had a good week last week.

Oppenheimer Asset Management, Inc.

  • January 26, 2009

January 26, 2009……..Comments by Tom Robinson, President There is a new President in the White House, and we all have to wish him well as he tries to deal with the multiple issues that confront the nation.

Oppenheimer Asset Management, Inc.

  • January 12, 2009

January 12, 2009........Comments by Tom Robinson, President Spooked by the deteriorating employment situation and the judgment of a deepening global recession, the equity markets did not do well last week.