A backdoor Roth IRA is a conversion strategy, not a new account
A backdoor Roth IRA routes an after-tax traditional IRA contribution into a Roth, with tax rules that can change the outcome.
Economy Reporter
Priya translates the Fed, inflation prints, and jobs data into plain English: what the numbers say and how they hit your wallet.
A backdoor Roth IRA routes an after-tax traditional IRA contribution into a Roth, with tax rules that can change the outcome.
Gas and airfare costs have climbed, but card data and company reports show continued demand for flexible, lower-cost trip options.
China’s factory PMI improved from July and beat forecasts, but employment, inventories and smaller manufacturers remained below 50...
Bigger deficits can add to price pressure, but the outcome depends on economic capacity, borrowing, monetary policy and supply sho...
Cleveland Fed President Beth Hammack again pressed for tighter policy, while stressing that her view is not a new Fed decision.
Hong Kong and Sydney top Demographia’s 2026 affordability ranking, where typical home prices are about 14 times household income.
Selling a large single-stock holding cuts company-specific risk, but taxes, timing and estate goals can change the route.
U.S. payrolls fell by 23,000 in July as earlier gains were revised lower, while falling participation complicated the 4.1% jobless...
A 5x margin position can lose all of its equity after a 20% asset drop, with broker rules potentially forcing sales earlier.
China’s official factory PMI dropped to 49.2 in July, raising pressure on Beijing as exports and retail activity show strain.
A European Commission study found EU wellbeing rose 9.5% from 2014 to 2025, compared with 1.2% in the US.
Animal Spirits’ latest episode covers market risks, margin lending, private funds, wealth transfer and movie-theater economics.