November 23, 2020 COVID-19 unleashed a tsunami of destruction. Whole industries are transforming, and some are being wiped out altogether. The industry that’s perhaps been

November 16, 2020 The lingering pandemic is having profound negative effects. Consider how job loss and other financial stresses often affect a person’s ability to

November 9, 2020 There are important updates to Social Security and Medicare on the way – some good, some bad. Here’s a quick breakdown of

September 9, 2019 President Trump and the Democrats reached a budget deal, avoiding yet another round of debt ceiling drama. The last few years we’ve seen

As I’ve said before, predictions of a strong economic rebound are far too optimistic. In May we received a jobs report showing a whopping 2.5 million

Back in April, in a rush to get COVID-19 stimulus out the door, the IRS sent out 1.1 million checks totaling $1.4 billion. The issue? Every

We will not experience a “v-shaped” economic recovery, as many people hope and expect. The government can distribute and print all the money it wants,

Speculative bubbles are always around. Usually, they end up poorly – think the tech and housing bubbles earlier this century. Now, one of the craziest

The show “Bar Rescue” features hospitality industry veteran Jon Taffer using his know-how to improve bars and restaurants’ bottom lines. He knows what works. Unfortunately, his outlook

There are conflicting reports (and sentiments) on unemployment. We know it’s dire. But then we see the May employment report and supposedly things aren’t so bad –

In the past, we’ve talked about firms that can’t service their debt without borrowing more money. These “walking dead” companies are getting new injections of life

June 15, 2020 The early part of 2020 has been wild. Between a pandemic, record unemployment, and near-record equity market returns, I’m surprised any of