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Trump Preparing Counteroffensive; Begins Investigating Mueller's Team For Conflicts

Trump Preparing Counteroffensive; Begins Investigating Mueller's Team For Conflicts

Over the past two days there have been some rather substantial developments in Special Counsel Mueller's investigation into alleged ties between President Trump and the Kremlin.  First came the news yesterday that Mueller planned to expand his probe to review Trump's personal business transactions, an announcement which sent stocks tumbling on the day (see: Mueller Expands Probe Into Trump Business Transactions: Dollar Tumbles, Stocks Slammed).  Meanwhile, just this morning we learn that the Trump legal team has been shaken up with Kasowitz out (not terribly surprising after his recent emai

Here Are America's Most Underfunded Corporate Pensions

Here Are America's Most Underfunded Corporate Pensions

We spend a lot of time talking about the public pension crisis because, well, it's a massive $5 - $8 trillion dollar overhang on the economy and one which will undoubtedly result in some heartache for investors at some point in the future.  Unfortunately, there are some problems that are too large for even U.S. taxpayers to fix and, with an underfunding of $52,000 (mid-point) per household, somehow we suspect this is one of them. 

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