The Federal Reserve, a.k.a. “the Fed,” has kept the federal funds rate at zero for seven years now. But after a strong monthly jobs report in October, where the economy created 271,000 new jobs and the unemployment fell to 5%, the Fed may finally be ready to raise it.Read More
Articles are about big issues affecting readers, individual or corporate.
You just retired. Along with a great career, you have built up a substantial 401(k) balance. It took a while, but you got the hang of investing in equities: never comfortable with the ups and downs, but always focusing on long-term growth.Read More
In the movie All The President’s Men, a source of reporter Bob Woodward nicknamed “Deep Throat” informs him that, to solve the mystery of Watergate, he needs to follow the money. To understand how the stock market can almost triple in value during a period of mediocre economic growth (2008-2015), we must do the same.Read More
There is much talk in the financial press about Central Banks imposing ‘negative interest’ rates—which adds yet another oxymoron to a list that includes ‘Great Depression,’ ‘jumbo shrimp,’ and ‘open secret.’Read More
The Brexit vote amplifies the forces that were already causing slower worldwide economic growth, keeping interest rates low, and providing a favorable backdrop for bonds.Read More
Over the past few years, some highly respected economists have been alarming investors with their predictions that the Federal Reserve’s quantitative easing (QE) program fuels inflation. When inflation heats up, interest rates rise, and investors who own both stocks and bonds see the value of their bonds fall.Read More