Truth, Tightening, and Mistakes from the Past

by | Sep 12, 2022 | Economy

September 12, 2022 In the movie “A Few Good Men,” actor Tom Cruise demands the truth from Jack Nicholson while on the witness stand during a heated trial. Nicholson then famously screams, “You can’t handle the truth!” Right now, it feels like the American people want...

One of the Worst Market Stretches of All Time

by | Sep 5, 2022 | Economy

September 05, 2022 The first half of 2022 was horrible for financial markets. It showcased some of the worst performance ever for both stocks and bonds. Both asset classes falling at the same time doesn’t happen often, especially for two quarters in a row (just the...

Where the Inflation Wildfire Began

by | Aug 22, 2022 | Economy

August 22, 2022 When should a sitting president be held accountable for economic performance? It’s not an easy question, but I think right now could be such a time. President Biden said his policies haven’t caused the horrible inflation we’ve experienced. Yet, these...

Clarifying the 2015 Social Security Changes

by | Aug 15, 2022 | Economy

August 15, 2022 The Budget Act of 2015 was the last legislation that made major changes to Social Security. The main thrust behind the legislation was to forbid strategies that took advantage of spousal benefits (the use of these strategies was unforeseen when the law...

Biggest Bursting Bubbles are Long, Painful

by | Aug 8, 2022 | Economy

August 08, 2022 We’re experiencing a big asset bubble burst – maybe one of the biggest in history – and it could have longer to go. Over time, the largest bubbles in financial history didn’t end with anything like the S&P 500 Index’s six-month drawdown of 24%, or...