A Tale of American Leverage in Two Charts
Since the Great Crash, Americans have frantically deleveraged their personal balance sheets. That may be one reason why retail sales, for...
Plotting Trends in Labor Participation
Just for some additional thoughts on the politically charged Labor Participation Rate, I wanted to tease out some trends that help...
529s Are NOT For Everyone. Keeping The Lid on Tuition Costs.
I normally don't give out this kind of advice, as I limit my practice as an advisor to portfolio management. But this issue has become so...
The Fed is Just KILLING Us With These Low Interest Rates!
This morning, on Bloomberg Radio, I heard that old, well worn refrain again: “the Fed is hurting savers with these low interest rates.”...
On Scholasticism
I have to confess, that as a mostly self taught investment advisor- and by “self taught” I mean I've consumed thousands of pages and...
Making (some) Sense of the Labor Participation Rate
In the face of months of steady employment gains, along with some green shoots of wage growth, there's been quite a bit of political...
Rate Fearmongers Wrong Yet Again
For anyone worried about the prospect of "rising interest rates"- and I hear it so often I'm ready to throw a rock at Bloomberg TV- the...
2013 Year End Talk
Time once again for my year end round up. And the big news is the Fed will finally slow it's purchasing of government and mortgage paper...
