by Daniel White | Oct 14, 2024 | Economy
October 14, 2024 Ken Rogoff, who is not only an economist and Harvard professor but also a chess grandmaster, thinks we’re going to see more inflation spikes. He also thinks we’re in for higher volatility, inflation, and interest rates, no matter what the...
by Daniel White | Aug 26, 2024 | Economy
August 26, 2024 Right now, the stock market has an eerie similarity to the summer of 2023. The S&P 500 index was up 16% in 2023’s first half as it climbed out of a bear market. Things were looking good until the end of July, when stocks fell 10% in three months....
by Daniel White | Aug 19, 2024 | Economy
August 19, 2024 The U.S. dollar is the world’s reserve currency. It’s held in large quantities by central banks and major financial institutions, and many commodities are priced in dollars. It’s considered safe for international transactions, international...
by Daniel White | Aug 12, 2024 | Economy
August 12, 2024 One of the most overused investing phrases is, “Don’t put all your eggs in one basket.” It’s a warning that owning too much of one type of asset can expose you to downside risk. Conventional wisdom suggests owning 20-30 stocks to be properly...
by Daniel White | Aug 6, 2024 | Economy
August 6, 2024 In theory, low interest rates are supposed to stimulate the economy. But in practice, companies abuse them. For example, during much of the low-rate period from 2008-22, many businesses collected as much cheap credit as possible. This created a bubble...
