My Comments: I have absolutely no idea how the next four years are going to work out for any of us. I am optimistic that it will be OK because for me the glass is always half full. It’s not in my nature to get wrapped up in woe and gloom. For better or worse, …
Tag: economics
J.P. Morgan Weekly Market Recap – November 12, 2012
I try to post these every week. Some of you like to time the market and this report from J.P.Morgan is perhaps the best summary to help your decision making:
Cheer Up, Republicans
You’re going to have a moderate Republican president for the next four years: Barack Obama My Comments: I have a memory of the 1952 presidential campaign where I’m leaning out the window of a room in the Pere Marquette Hotel in Peoria, Illinois. Below me was a parade with bands and cars and horns. In …
Jobless Rates Fall in 95 Percent of US Cities
My Comments: Yes, there is most definitely a conspiracy going on here, a cooking of the books by the Democrats to fight what is clearly a losing battle. The forces spearheaded by the white male leaders of the GOP will prevail and save our nation from certain destruction! Well... maybe. By Christopher S. Rugaber | …
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America’s Global Election
My Comments: You can argue if you like that the writer, a Nobel laureate in economics, is simply a misguided Democrat. But as the US accepts the leadership role in the globalization process it began following WWII, it must recognize that for the sake of our grandchildren, there is more at stake than simply being …
Cost of Long-Term Care Insurance Keeps Rising
My Comments: Did you know that, according to the 2012 AALTCI Source Book, 69% of 65-year-old clients who own Long Term Care insurance (LTCi) will make a claim? That is a risk so high that it could almost be considered an inevitability. And yet advisors like myself are reluctant to talk about this with clients …
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9 Things Successful People Do Differently
This showed up recently and since I like to think of myself as mildly successful, it caught my attention. I perhaps grade out at B+. By Joyce Hanson, AdvisorOne | October 26, 2012 Just about any topic the Harvard Business Review considers becomes golden as soon as it hits HBR’s website. The site’s most popular …
China and Its’ Political Future
My Comments: I like to think of myself as an economist, albeit an amateur. For the past 70 years, since the end of WWII, this country has been pushing economic development across the planet. Our efforts have resulted in incredible wealth in nations that can be called rising great powers. And there has been a …
Global Food Reserves Falling As Drought Wilts Crops
My Comments: As a financial advisor who is asked for investment advice, an important consideration is the age of the person seeking the advice. Someone age 40 is likely to get a different answer from me than someone age 80, especially if we’re talking about the need for income when working is no longer an …
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The Truth About Socialism in America
My Comments: Yeah, I know. It's Thursday and the day I post something about economics. There have been a lot of 'thursdays' lately. For those of you who look to me to give you good investment advice, or are looking for someone to give you better advice than you are getting now, a lot of …
Helping Define Your Financial Future 