My Comments: When I took economics courses in college in the early sixties, there was a common adage when talking about politics and business that you could not, at the same, have both guns and butter. This meant that at our industrial heart, we could either produce weapons of war, or we could produce products …
Tag: financial advisor
Is A Welcome Surprise Coming For Mortgage Rates?
My Comments: There are millions of us who worry almost every day about the state of our finances. And most of us have few clues how to react when we read or hear stuff that seems to be alarming. The default state for us, therefore, and especially with what happened in 2008-09 so close to …
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Why North American Oil Prices Are Set For A Big Drop
My Comments: The price of gasoline in this country has a huge influence on whether the economy grows or shrinks. (It is NEVER static.) We’ve all heard that with access to incredible reserves of natural gas, we as a nation are going to become a net exporter of fuel over the next decade or so. …
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5 Simple Reasons The U.S. Market Will Go Straight Up From Here
My Comments: Yesterday, my blog post gave you lots of reasons to believe the world was coming to an end., at least for a while. Did you read all of it? Today, you only have to look at the headline above to think I’m either a raving lunatic or as puzzled as you and the …
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The 7-Year Cycle That Will Crush Uninformed Investors, Again
My Comments: Many of you have seen, or soon will when you get your January statements, that 2014 has so far been a bad year for the stock market. This is an article that suggests there is a pattern. I’m not convinced that what he says is not a coincidence, but then again, what happened …
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Most Americans Favor Raising Minimum Wage
My Comments: By now you probably know there is a movement afoot to raise the minimum wage and that President Obama allowed as how he was going to include this idea for all contracts awarded by the Federal Government going forward. By now you also know that I’m no longer a young man, having read …
Restricted Application for Social Security Benefits
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 …
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Correction Fears Are Overblown: Buy The Dip
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 …
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Washington Must Not Settle for Secular Stagnation
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 …
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7 Big Economic Predictions for Next 10 Years
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 …
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Helping Define Your Financial Future 