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 [...]
If you were watching the news at all last week, you likely saw video of the Nordstroms location in Los Angeles ransacked by a flash mob in broad daylight resulting in over $300,000 worth of merchandise being stolen. Unfortunately, this tragic event was not a one-off and I believe is [...]
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 [...]
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 [...]
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 [...]
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 [...]
If you are anything like me, you found the recent story of the submarine that disappeared in the Atlantic while touring the wreckage of the Titanic both fascinating and disturbing. As the rescue efforts continued it was hard for me to even imagine what these passengers might be experiencing if [...]
