My Comments: Years ago, it was simply a matter of waiting to reach 65, showing up at the Social Security office and then waiting for a check to appear in the mail. Today, that idea is quaint and naive. As the baby boomers reach age 62 and beyond, it’s become a chore to figure out …
Continue reading Restricted Application for Social Security Benefits
My Comments: I am both blessed and cursed for almost always believing the glass is half full rather than half empty. Right now, my bias is to say that another correction like we had in 2008-09 is NOT going to happen again during my lifetime. But that’s not to say the business cycle of ups …
Continue reading Correction Fears Are Overblown: Buy The Dip
My Comments: Tonight there will be a State of the Union Address. I read that it will include references to income inequality. Many might argue why this is important. If the vast majority of us have only enough money to sustain ourselves, with our time and energy focused on simply staying alive, it leaves little …
Continue reading Washington Must Not Settle for Secular Stagnation
The modest global recovery will endure, but market volatility is likely as the Fed tapers By Melanie Waddell / January 16, 2014 The economic outlook for the next 10 years will be one of resiliency, with the U.S. in 2014 and 2015 facing cyclical risks tilted toward better-than-trend growth for the first time since the …
Continue reading 7 Big Economic Predictions for Next 10 Years
My Comments: I bet you are saying this is just another weird observation from Tony. And you may be right. But mindful that many of you, and many of me, are thinking of ways to predict what the markets will do this year. So... A reasonable predictor of future market movements which translates to whether …
Continue reading What Accounts For The Decrease In The Labor Force Participation Rate?
My Comments: With 2013 now in the rear view mirror, the compelling question is what is likely to happen in 2014. Every projection, mine, yours, experts of every stripe, have only the past available to offer insights for predicting the future. Here is someone who has created tables based on five and ten year results …
Continue reading The 88-Year History Of U.S. Capital Markets From 1926-2013: What Happened When?
My Comments: Am not really sure what this means but anytime I see a positive outcome that may be the result of the PPACA, I pay attention. That’s because I want the PPACA to work, and work well. It’s past time to really identify its flaws and get people to fix them to the benefit …
My Comments: The plainfiff in this case at least acknowleges that Congress passed the PPACA. This is at least a small victory for those of us who believe the PPACA is a good thing. If you are an American, you should be able to participate in the bounty offered by this country, one feature of …
Continue reading Court Rules in Favor of IRS on Obamacare Tax Credits
My Comments: The roll out of the national web site to get people enrolled in a health insurance plan has been a enormous pain in the you know what, to put it mildly. Best as I can determine, the task was given to folks who fully understood the complexities of the PPACA but didn’t have …
My Comments: I often tell my clients that if I did have a crystal ball, we’d not be having this conversation as I would probably be vacationing in the south of France. Or somewhere warm. So going into 2014, there are lots of the usual questions including the memorable one in the media these days, …
Continue reading The Danger Overlooked By Most Long-Term Investors
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