“Bidenomics” Doesn’t Seem to Be Providing a Cure

“Bidenomics” Doesn’t Seem to Be Providing a Cure

Monday, October 9, 2023 President Biden is seeking reelection, so the “good news” push is on. For example, his top advisors say the president has had many economic successes since he took office. They claim Mr. Biden’s policies, dubbed “Bidenomics,” have created...
There’s No Law Saying Stocks Must Return 9% A Year

There’s No Law Saying Stocks Must Return 9% A Year

Monday, October 2, 2023 For the last 100 years or so, the U.S. equity market has returned about 9% annually. But that doesn’t mean it will do the same for the next 100 years. Of course, investment fund marketers say history will repeat itself. But I’m not so sure....
It’s Still Great to Be American

It’s Still Great to Be American

Monday, September 25, 2023 For all who say and think America is headed for the trash heap, take solace – the U.S. is still the most desirable place by several measures. For instance, our $25.5 trillion in gross domestic product (GDP) last year accounted for a quarter...
New Territory for The Country’s Finances

New Territory for The Country’s Finances

Monday, September 18, 2023 U.S. credit card debt just topped $1 trillion for the first time ever. Balances grew by $45 billion in the second quarter alone, according to the Federal Reserve. On top of that, credit card delinquencies hit an 11-year high, meaning...
Why Are People Taking All This Risk?

Why Are People Taking All This Risk?

Monday, September 11, 2023 There’s a rule of thumb to figure out how much stock you should own: subtract your age from 100 and the answer is the percentage of stocks that should be in your portfolio. Say you’re 60 years old, that means your portfolio should be about...