Latest News I am fully vaccinated against COVID!
Taxes Case Study

Taxes Case Study

This presentation is a hypothetical view of financial planning items a client might see in the course of an advisory review. This is for informational purposes only and should not be construed as an investment recommendation or solicitation. Please consult a financial professional to discuss your individual situation prior to making any investment decision. Cambridge does not offer tax or legal advice.

Continue Reading »

Are We in Another Financial Bubble?

Are We in Another Financial Bubble?

Starting in late 2008, with a touch of a keyboard, the Fed created trillions of dollars to buy bonds. The banks that sold the bonds ended up with reserves; reserves are used only among banks, however, so very little of that money made it into the economy. To push new money into the economy, the Fed also bought bonds from non-banks, such as pension plans and asset managers.

Continue Reading »

President Trump’s Risky Bet Against Our Trade Deficit

President Trump’s Risky Bet Against Our Trade Deficit

Trade deficits reduce economic growth, according to a theory posited by the great 18th-century Scottish economist and philosopher David Hume. The outflow of gold to pay the shortfall (trade deficit) would contract the money supply and automatically lead to the reduction of domestic prices as if by an ‘invisible hand.’[i]

Continue Reading »

Scroll to Top