Surprising Challenges Retirees Face

Surprising Challenges Retirees Face

March 04, 2024 This may not seem obvious, but there are new, potentially surprising challenges retirees face when they stop working. Take stock market volatility. While you’re working, market gyrations aren’t noticeable. If they are, it’s not a big deal because you’ll...
Wall Street is Not on Your Side

Wall Street is Not on Your Side

February 26, 2024 It may seem hard to believe, but individual investors (so-called “retail investors”) should know that Wall Street is not on their side. The news media hardly mentioned it, but there’s been another recent example of Wall Street’s true relationship...
You Can’t Spend More Than You Bring In

You Can’t Spend More Than You Bring In

February 19, 2024 How did our nation accumulate so much debt? This question is on the minds of many folks. Back in 2001, the Congressional Budget Office (CBO) estimated then-current policies would eliminate the national debt by the end of 2009. Instead, the national...
Rate Cuts Could Be Further Down the Line

Rate Cuts Could Be Further Down the Line

February 12, 2024 The Federal Reserve telegraphed interest rate cuts this year, which many people (including Wall Street) took to mean the cuts would commence quickly. But with gross domestic product at 3.3%, those rate cuts could be further down the line than people...
“Groupstink” Feeding the Forecasts

“Groupstink” Feeding the Forecasts

February 05, 2024 Consensus almost seems universal that stocks will rise in 2024. Are the bears dead? Maybe they’re just hibernating. Don’t forget how wrong the confident consensus outlooks have been over the last two years. At the end of 2021, everyone was...