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 [...]
Now that Labor Day has passed, let us not forget about workers and the challenges they face. I don’t know about you, but Labor Day has become one of my absolute favorite holidays. Being the husband of an elementary teacher, and having two young kids, the back-to-school season can really [...]
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 [...]
Energy is the lifeblood of everything in the universe. We leaped out of the dark ages by harnessing the power of stored energy in the form of burning wood, then coal, and rocketed forward with the use of gasoline and other fossil fuels to power our energy needs. We simply [...]
Today I write an unusual column. I always try to provide you information and opinion to help you make your money work harder, protect you from loss, or be reassured that wise decisions will bear good fruit in the long term. Today I unashamedly ask you to vote for the [...]
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 [...]
Sometimes I get accused of beating up on young people too much. Particularly when it comes to their views on financial matters. However, a recent study conducted by Northwestern Mutual gives at least a little justification for my attacks on them. According to the survey, among all generations polled, Gen [...]
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 [...]
Life has various stages. Your plan needs to take them into account. If there is one thing, I have learned in my over 40 trips around the sun it is that life never happens in a straight line. Markets don’t just go up at a consistent 7% a year, last [...]
With almost a half year of 2023 passed already, let’s take stock of the US financial situation to see whether Mr. Market knows more than the experts and whether the current positive returns can be sustainable through year end. It is usually quite dangerous when anyone opines, This time is [...]
