Did you ever want to see the U.S government’s bank book? This chart shows the balance of the U.S. government’s bank account.

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Looks like the are going to run out! It's okay though because they just printed a bunch of new money and threw it in there. Too bad we can not…

Continue ReadingDid you ever want to see the U.S government’s bank book? This chart shows the balance of the U.S. government’s bank account.

Life Insurance companies face similar realities as the banks do. Over the past decade, as rates have been near zero, insurers looked to longer-term bonds to try and generate some type of return; the rate spike this past year has hurt.

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Continue ReadingLife Insurance companies face similar realities as the banks do. Over the past decade, as rates have been near zero, insurers looked to longer-term bonds to try and generate some type of return; the rate spike this past year has hurt.