There are three things we can say about income with a degree of certainty: You’re earning less than you did before the financial crisis. You are overdue for a raise.…
Household Income Shows Troubling Outcome
Hold off on the victory dance. The 2014 “Economic Report of the President” and many media reports indicate that the U.S. economy has finally recovered. But has it? One measure…
The Economic Recovery That No One Noticed
The average recovery since the end of World War II has been 58 months. The current “recovery” has just reached that milestone. So maybe we should be celebrating. But what’s…
Take Advantage of Rising Interest Rates by Understanding Duration
Recently, there has been a lot of news about rising interest rates ending the bond rally. Investors who have a significant percentage of their investments in bonds may be getting…