News & Updates:

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  Fintech is Coming to Retirement Planning – But You Still Need a Good Ol’ Budget
  Faculty Affiliate Olivia Mitchell discussed how fintech  – or the use of technology to support banking and financial services – holds a great deal of promise, but how it’s not yet fully helping those saving for or living in retirement. 
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  Elder Financial Fraud Is Worse Than We Thought. Here’s What We Can Do About It.
  In an op-ed piece featured on the Wall Street Journal, Faculty Affiliate Olivia Mitchell discusses the unique financial vulnerability of elderly individuals and  solutions for this unrecognized problem. Her ethnographic research discovered that “financial fraud experienced by the over-50 population is a large and important problem, and more prevalent than commonly believed.” She goes on to outline three potential solutions; one from the private sector, one from technological innovation, and one from policy makers.
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  Americans Should Be More Financially Literate. But What Does That Mean?
  Research by Faculty Affiliate Olivia Mitchell is cited in an Wall Street Journal article on the meaning and function of “financial literacy.” Her work questioned if Americans understood the basic underpinnings of personal finance. Respondents were deemed literate if they could successfully answer simple questions related to compound interest, inflation and asset diversification. Years of careful research showed that many Americans can’t.
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  Faculty Affiliate Jeremy Siegel addresses trade’s impact on the market
  In a short CNBC interview, Faculty Affiliate Jeremy Siegel reflects on the potential impact of trade on the market. Ultimately, he claims that trade is a secondary concern to other more pertinent factors such as rising rates and political uncertainty.
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  US Secures Trade Deal With South Korea as China Pledges Open Markets
  Dodd-Frank rollback stalls in House; 

President Trump secures trade deal with South Korea; China pledges open markets to avert US trade war.