If you have friends from the 41st latitude, they will tell you there are two seasons—6 months of winter and 6 of tough sledding. That tough sledding part is what we are experiencing in financial markets in 2022. It will probably last through September. After all, this is the mid-term [...]
Assuming that all US schools are still teaching some American and World History, it appears that some of our young adults just did not understand it. Or perhaps it is logic and critical thinking they have missed. According to the Gallup Organization, since 2010, about 50 percent of our young [...]
With all of the negative excitement of 2021, I doubt if there are many of us who are too sad to begin a new year with hopes of improvement. Given the effects of illness and rise of other uncertainties, I know that most of you would not have predicted such [...]
A few years ago, I wrote in this space about whether it made sense to buy US manufactured tools and products even at higher prices than imports. Time has marched on. I now wonder about our future as a viable independent nation. By way of example, let’s examine computers, especially [...]
Many of you know that each year I use this week to share a column with a Thanksgiving theme. It is my favorite American holiday since it originated in our land in the 1600s. In former years, it kicked off the official Christmas shopping season, but that has already begun. [...]
Even before there was a virus named COVID19 there was an explosion in the number of jobs that were being advertised in the US. The so called animal spirits for economic growth were alive and well. Now that many Americans for various reasons seem to have left the workforce, the [...]
Last week I discussed the problem of holding bonds during a period of rising inflation. Not only does the older rate of income paid fall short of keeping up with the cost of buying goods and services, but the value of the bonds in your portfolio falls. The worst case [...]
The Federal Reserve Board Chairman Jerome Powell tells us that the present surge of inflation is transitory. But whatever its duration, it is wreaking havoc on the budgets of many American families. Just in terms of gasoline, a two wage-earning couple could easily be spending an additional $100-$150 per month [...]
As a baby boomer generation member, I can recall feeling an incredible sense of pressure as a young person in the 1960’s. There were so many of us with which to compete. Unlike now, there were more looking for work than there were positions. I thought I had to [...]
According to Jesus’ parable found in Matthew 25 about the three servants entrusted with the Master’s talents of precious metal, we are going to be rewarded by taking at least some risk in our financial lives. Why do I say that? You will recall that the Master entrusts 5 talents [...]
