Last week I read a statistic in the Ney York Post that blew mind. As soon as I heard it, I knew I had to opine on the subject. Believe it or not 36% of New York City public school students are chronically absent from class which means they are [...]
My wife, Karen, and I just returned from our longest trip of 49 plus years together. We flew to Amsterdam and traveled by small cruise ship the Rhine, Main, and Danube rivers and the interconnecting canals of Europe. We visited Germany, Austria, and Hungary, ending in Budapest, over 1250 [...]
For regular readers of my column, you may be aware that two weeks ago I paid tribute to the workers of America in a special Labor Day article. In it I expressed a need to further lift up the working class and reduce the widening gap between the middle and [...]
Ever since inflation took hold of our economy in mid-2021 Federal Chairman Jerome Powell has consistently said his desire is to use interest rate hikes to softly land the plane that is the US economy. So far, in this effort I would say he has been successful in this attempt [...]
Will they or won’t they? That is the question I have been asking myself as I continue to watch feuding tech moguls, Elon Musk and Mark Zuckerberg tease a pay-per-view cage fight between them. mark-zuckerberg-cage-fight-vs-elon-musk Considering the significant public interest in this, I have no doubt it would be one [...]
While I myself am not a huge soccer fan, I know many of you out there are. With the Women’s World Cup semi-finals happening as we speak, I’m sure some of you are getting up early or staying up late to watch all of the action live. Womens Soccer World [...]
Last week my family and I went on a summer vacation. While traveling I was amazed to discover just how many merchants no longer accept cash as a form of payment. This transition to a cashless society has been coming for a while but the pandemic certainly sped the whole [...]
It’s been about 15 years now since we had our last true recession. Last year nearly everyone, including yours truly, expected a recession to take hold by spring of this year. As it goes with most things with the stock market, when most people expect something, it usually does the [...]
In behavioral psychology there is a principle called risk aversion theory. The concept states the human mind has a naturally tendency to feel the pain of losses more than the pleasure of gains. For many investors who saw their accounts drop by more than 20% in 2022 they are probably [...]
The late great baseball legend, Yogi Berra, is credited with this quotation: It is tough to make predictions, especially about the future! If there were a perfect field for applying this, investing must be it. Our viewpoint (and that of our favorite economists at First Trust Advisors, LP) remains that [...]
