by Daniel White | Apr 4, 2022 | Economy
April 04, 2022 Our national debt recently passed $30 trillion, and nobody cares. There was barely a blip in the mainstream media. Most Americans have no idea how much we owe or that it’s virtually impossible we’ll ever pay it off. In fact, I think the only way the...
by Daniel White | Mar 28, 2022 | Economy
March 28, 2022 There’s an old economic indicator called The Big Mac Index, which is a lighthearted analysis from The Economist that compares purchasing power parity via the price of a McDonalds Big Mac hamburger. The index compares the Big Mac price in different...
by Daniel White | Mar 21, 2022 | Economy
March 21, 2022 When markets rise, the case for retirees spending more strengthens. Yet, many retirees are hesitant to spend. Why? We don’t want to run out of money! We don’t know how long we’ll live, how much things will cost, or how our investments will perform. So,...
by Daniel White | Mar 14, 2022 | Economy
March 14, 2022 There’s a secret to investing that’s followed by the best, including Warren Buffett, Charlie Munger, George Soros, Ray Dalio, and even Albert Einstein. What is it? Learn what to avoid. Most financial advice is positive because that’s what resonates with...
by Daniel White | Mar 7, 2022 | Economy
March 07, 2022 What’s given can be taken away. It’s certainly true in stock market investing. Take money inflows and outflows from active and passive exchange-traded funds (ETFs), as well as funds that track market indexes, for instance. Last year, net inflows into...
by Daniel White | Feb 28, 2022 | Economy
February 28, 2022 Federal Reserve Chair Jerome Powell said the economy no longer needs or wants highly accommodative monetary policies, so the Fed is going to raise interest rates to curb inflation. However, higher interest rates mean higher borrowing costs. As a...
