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Eric Reed

Retirement and Investing Expert

Eric Reed is a freelance journalist who specializes in economics, policy and global issues, with substantial coverage of finance and personal finance. He has contributed to outlets including The Street, CNBC, Glassdoor and Consumer Reports. Eric’s work focuses on the human impact of abstract issues, emphasizing analytical journalism that helps readers more fully understand their world and their money. He has reported from more than a dozen countries, with datelines that include Sao Paolo, Brazil; Phnom Penh, Cambodia; and Athens, Greece. A former attorney, before becoming a journalist Eric worked in securities litigation and white collar criminal defense with a pro bono specialty in human trafficking issues. He graduated from the University of Michigan Law School and can be found any given Saturday in the fall cheering on his Wolverines.

Posts by Eric Reed:

by Eric Reed Oct 26, 2022

One of the most important functions of the Small Business Administration (SBA) is to help entrepreneurs and small businesses raise funds to open or expand a business. To assist with this, the SBA offers two main types of loans, 7(a) loans and pilot programs. Pilot programs are new lending programs that are introduced to expand the SBA’s range of options. One such pilot program is the Community Advantage loan program which aims to help entrepreneurs in disadvantaged areas. If you’re considering borrowing money for your business or for your personal finances, consider working with a financial advisor to get all of your questions answered. Read more

by Eric Reed Jul 10, 2020

The centerpiece of the coronavirus stimulus package, the Paycheck Protection Program (PPP) provides forgivable loans to small businesses to help them maintain their payroll. The program’s original appropriation of $349 billion was quickly spent; $172 billion of the second tranche approved by the latest stimulus bill has since been allocated. (That means roughly $138 billion remains available for loans – the new deadline is August 8). Yet one of the key questions facing many startup businesses is whether the Small Business Administration’s rules disqualify some small businesses that have venture capital funding. Read more

by Eric Reed Mar 31, 2020

Most people experience government spending through its fiscal policy, which refers to how a government takes money or spends it. The former happens through taxation, while the latter might include purchases of equipment and facilities and direct hiring. The goal of fiscal policy is to help shape the economy by acting as what’s known as a “market participant.” Congress acts as a consumer or employer on a massive scale, and in doing so tips the balance of hiring and demand nationwide. Note that, unlike monetary policy, state and local governments can enact fiscal policy as well. Read more

by Eric Reed Nov 02, 2022

A trade deficit sounds like a very bad thing. A trade deficit is an economics term which indicates the difference a country’s imports and its exports. If the country imports more than it exports, it… Read more

by Eric Reed Mar 25, 2020

When it comes to fixing an economy, the government has two main tools at its disposal: monetary stimulus and fiscal stimulus. This isn’t the limit of what a dedicated government can do, but most… Read more

by Eric Reed Mar 19, 2020

Did you know you can make money in the stock market when shares go down, or in commodity markets when prices fall? In other words, the buy-low-sell-high approach can be reversed and still produce a… Read more

by Eric Reed Jun 03, 2020

The coronavirus pandemic has had a number of effects on the U.S. economy, including many recession-like symptoms. The Coronavirus Aid, Relief, and Economic Security (CARES) Act has been put in place… Read more

by Eric Reed Mar 17, 2020

An option contract is a form of financial asset known as a “derivative.” Purchasing an option contract it gives you the right to buy or sell some underlying asset on specific terms. You choose a… Read more

by Eric Reed Mar 14, 2020

NAFTA is dead. Long live NAFTA! In 2018 and 2019, the Trump administration announced that it had signed a renegotiated version of the North American Free Trade Agreement. The administration tried to… Read more

by Eric Reed Mar 16, 2020

The Great Wealth Transfer is coming. More than 10,000 baby boomers are turning 65 every day, and over the next 20 to 30 years trillions of dollars’ worth of wealth will transfer to their children. It… Read more

by Eric Reed Oct 01, 2022

The 2020 stock market posted some of its biggest losses and gains since the Great Recession, taking investors on both a terrifying and thrilling roller coaster ride in middle of a global pandemic.… Read more

by Eric Reed Feb 28, 2022

Morningstar ratings are a system for evaluating the strength of an investment based on how it has performed in the past. On a scale of one to five stars, a Morningstar rating measures investments… Read more

by Eric Reed Mar 06, 2020

Participating preferred stock may be the most desirable security for an equity investor to own. Shareholders who own preferred stock generally receive any payments made by the underlying company,… Read more

by Eric Reed Mar 06, 2020

A quantitative analyst uses mathematical models to review data, draw conclusions and make recommendations for businesses and investment firms. Their skills enable them to help retailers decide what… Read more

by Eric Reed Aug 17, 2022

Funds want to be Lipper leaders. They want to beat a Lipper Average, which is a way to classify funds based on their performance. The rating system takes a lot of data to determine where each fund… Read more

by Eric Reed Feb 25, 2020

“Did I get a good price?” Anyone who has traded a security has asked themselves this question. Did you buy when the stock was low enough? Did you sell right before it peaked? Did you get it wrong… Read more

by Eric Reed Apr 14, 2022

An investment’s “expected return” is a critical number, but in theory it is fairly simple: It is the total amount of money you can expect to gain or lose on an investment with a predictable rate of… Read more

by Eric Reed Feb 24, 2020

More than a decade out from the Great Recession, it might be hard to remember the sheer scope of misdeeds that led to the second worst financial crisis in modern history. While the proliferation of… Read more

by Eric Reed Feb 19, 2020

Capital markets, more commonly known as financial markets, connect people and entities, either corporate or governmental, who have money (or “capital”) with people and businesses who need it. There… Read more

by Eric Reed Feb 15, 2020

Are you a noise trader? If so, professional investors probably don’t like you. They’ve even come up with a specific name for how you influence stocks: noise trader risk. That’s volatility from… Read more

by Eric Reed Feb 14, 2020

It’s tough to find a clear definition for “alternative beta.” Investors love to talk about this concept. It has become a hot topic among investors. But most of them publish articles on the subject of… Read more

by Eric Reed Feb 07, 2020

A hybrid security is a single financial product that combines different types of financial securities, or has features of multiple kinds of securities. Typically, this means that the security has… Read more

by Eric Reed Feb 06, 2020

An economic shock, also known as a macroeconomic shock, is any unexpected event that has a large-scale, unexpected impact on the economy. Many, but not all, economists also say that a shock has to be… Read more

by Eric Reed Feb 06, 2020

Many publicly traded corporations periodically release statements about how they think they will do in the coming months. These statements, which typically come out every quarter, are known as… Read more

by Eric Reed Jan 31, 2020

When deciding between two securities, the main factors to consider are risk and return. Investing in stocks is relatively risky, but over the long term, there’s great potential for returns. Bonds,… Read more