When I first started figuring out money, it felt like everyone else already knew the secret. Textbooks were useless. This isn’t that. I’m telling you […]
Category: personal finance
Weather Forecasters Are More Trusted Than Economists
Over the last several years, the profession of an economist has fallen to new lows. And quite frankly, they deserve the demotion they have received. […]
The S&P 500 Hit Record Highs — 4 Days in a Row
You open your brokerage app on a Wednesday morning. The S&P 500 just closed at an all-time high — for the fourth day in a […]
“But am I too late?” — think you missed your chance to buy a house?
“But am I too late?” That’s the question I hear constantly. People see soaring prices, interest rate hikes, and they just assume the door slammed […]
“Everyone got burned: Wall Street missed the great stock rally of 2023”- they might have missed it, but we did not.
It is hard to explain how satisfying the financial year was for 2023. After the dire predictions of Wall Street for recession and a down […]
Stock Market Rally – A Conundrum Between What You Hear From the Media and What You See in Real Life
For the last two months, the Standard and Poor’s 500 Stock Index was up 14.1% yet you do not read much about that rally in […]
Locked and Loaded…
Picture this: $15,000 sitting in a checking account earning 0.40% APY. Meanwhile, a coworker opened a 12-month CD last month at 4.65% and is set […]
There is a saying, “Economic expansions do not die of old age: they are murdered by the Federal Reserve.”
Astonishingly, the U.S. economy has been so resilient for almost the last two years. Going into 2022, it was almost a unanimous consensus by all […]
Are we finally going to talk ourselves into a recession?
Since the beginning of 2022, all the talk you hear in the financial press is about the upcoming recession. Many forecasts predicted we would have […]
Unemployment rate falls to the lowest level since 1969 – a 53-year low. Do we have to destroy the economy in order to fix it?
The title of this posting sums up my views regarding how there could there be a recession this year with virtually everyone who wants to […]