What Is The World Coming To?

My Comments: What’s your poison? Politics? Money? Entertainment? Sports? Religion? Well, this post is about economics and finance. Some of you will run and hide. That’s OK. It comes from Guggenheim Investments and is a quick and dirty look at the next few months... With spreads tight in high-yield corporate bonds, loans, structured credit, and …

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America’s Wealth Inequality Is Getting Worse

My Comments: Readers of this blog know I’ve railed against the growing income inequality in this country for a long time. Income inequality is inherent in the human condition. Since recorded time began, it’s clear there were “haves” and “have-nots”. In recent times, the disparity really started to diminish following the great depression in the …

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Flashing Red Ratio

My Comments: Will stock prices plummet? Maybe… The Ratio That Predicted The 2001 And 2008 Stock Market Crashes Is Again Flashing Red by Atle Willems, May 4, 2017 The co-movement of the stock market and the money supply to saving ratio has been obvious especially in recent decades. But the two have now dislocated with …

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Michael Flynn Explained

My Comments: I want 45 to be successful. It’s not in my best interest as a citizen of these United States to have a duly elected official fail. But the odds of that happening are increasingly likely. By Gloria Borger, CNN Chief Political Analyst \ Wed May 3, 2017 It's been 11 weeks since Gen. …

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Retirement Paths to Follow

My Comments: Which of the six paths described by Nancy Schlossberg in the following article will you follow? Personally, my thoughts are that whichever one seems right for you, it’s helpful to remember the three phases of retirement that I describe. These are the Go-Go years, the Slow-Go years and the No-Go years. Assuming you …

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Make Social Security Great Again

My Comments: Short and sweet. Sean Williams / Jan 29, 2017 For more than 75 years the Social Security program has protected the financial well-being of our nation's retired workforce. Today, more than 41 million retired workers are receiving monthly benefit checks from Social Security, a majority of whom need that income to meet their …

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Saving for Retirement

My Comments: It’s a truism in our society that having more money rather than less money is a good thing. And retirement, by definition, is a time in your life when earning money to pay bills and enjoy life is not in the cards. That being said, if you expect or need to transition to …

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Cheap Electricity and Food

My Comments: Over the next 25 years, the US will resume it’s role as THE major global economic influence. You can argue it will happen as a result of bringing coal mining jobs back to Appalachia or because there will be a wall built along our Mexican border, one built by Mexico with help from …

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Medicare Statistics

My Comments: Medicare is a critical element for retired Americans. These statistics are not jaw-dropping but re-affirm our need to be very careful about making changes to Medicare. I’m not convinced the folks in Congress have my best interests in mind when they talk about making changes. Consider yourself enlightened. Maurie Backman | Apr 20, …

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How Not To Screw Up Your Investments

My Comments: Basic stuff for some of us; gibberish for others. So if you have difficulty with this, ask your financial advisor for help. Dana Anspach on April 6, 2017 Smart investors follow an asset allocation plan. An asset allocation plan tells you how much of your total investments should be in stocks versus bonds …

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