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'Fixing the Racial Wealth Gap' demands financial literacy

Author
Money Life with Chuck Jaffe
Published
Mon 13 Dec 2021
Episode Link
https://moneylifeshow.libsyn.com/fixing-the-racial-wealth-gap-demands-financial-literacy

Rodney Brooks, personal finance columnist at U.S. News and World Report -- author of "Fixing the Racial Wealth Gap" -- says that for all of the causes behind racial and ethnic wealth divides in America, the biggest, best solution is not government programs but basic financial education, literacy combined with opportunities so that, in time, minorities will not hold a nickel's worth of generational wealth compared to every dollar held  by white people. Also on the show, Charles Rotblut, editor of AAII Journal, discusses the current rise in neutral sentiment among investors, David Trainer of New Constructs offers up a holiday gift -- an attractive stock instead of the usual troublesome ones -- in The Danger Zone, and Ben Johnson, director of global ETF research at Morningstar, talks exchange-traded funds in the Market Call. 

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