Understand the global economy

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A good leader is a person who takes a little more than his share of the blame and little less than his share of the credit.” – unknown

Understand the global economy to improve your retirement

The Economy –a toe-dip into the world of macroeconomics, join me:
A fascinating look behind the curtain at the latest jobs report: it’s not pretty. Just one excerpt should cause you to read this: “when it comes to full time jobs there are still 1.1 million fewer now than at the pre-crisis peak in Q4 2007.” Wall Street is One Sick Puppy
On a related note, have a look at just how much the Fed tampering with markets has driven the sustained bull market … are you ready for the Fed to stop? The QE Era
If that all were not unnerving enough for you, try this one on for size. Again linking the market performance to QE, he goes one step farther to introduce global GDP growth. “Hedge!”
Keeping in mind the anemic GDP growth noted above, this author highlights the US reliance on inventory build to get even to that level growth. Biggest Inventory Build in History Prevents Total Collapse of the US Economy
Here is a fascinating, somewhat contrary view, which brings yet another variable into the discussion, “shadow banking.” This author argues that shadow banking will force the Fed to continue with QE, and that it provides a deflationary counterbalance. Interesting. The Fed Has Another $3.9 Trillion in QE to Go (at least)

Retirement security – be prepared, be alert, listen:
Never a bad idea to take a quick quiz checking your readiness. Answer These 10 Questions to See if You’re on Track to Retirement
It is always worth heeding the advice of the sage. A Dozen Things Taught by Warren Buffett in his 50th Anniversary Letter that will Benefit Ordinary Investors
Perhaps this belongs in another category, but it highlights a growing retirement concern, longevity risk. It is also why I favor ‘longevity insurance’ or deferred immediate annuities as part of the retirement solution. Calculated Risk: The Projected Improvement in Life Expectancy

Leadership tips –short, insightful lists for your consideration:
I love this one, hits on my favorite key themes. What Makes a Great Leader?: 5 Traits of Successful Leaders
Another one wholly in line with my beliefs. 12 Ways to Become a Charismatic Leader

Travel tips – save money for your retirement, but still have fun:
Use the right tools to get an edge. Finding Cheap Flights 101
More tools and tips to stay ahead. Secrets for cheap airline tickets
Most importantly, don’t be proud….New Terms with the $400 British Airways AARP Discount?

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