As we noted yesterday, the Federal Reserve Board’s attempt to avoid deflation has resulted in lowering income for those in the bottom 25% of the income scale. But we likely…
Fed’s Inflation Focus Hurting Average Americans
While we’ve written in the past about the perils of deflation, we’ve also noted that the Federal Reserve Board’s target of 2% inflation is random and dangerous, as the Fed…
The Globe’s New Math
The headline in a recent edition of The Boston Globe read, “White House proposes $4.4 trillion budget that adds $7 trillion to deficits.” That a $4.4 trillion budget could produce…
High-Frequency Headache
Previous posts this week shared concerns from John Mauldin of Mauldin Economics about exchange-traded products and high-yield bonds. Mauldin also called out high-frequency traders, who did nothing to keep the market from dropping…
Kill the Quants – Before They Kill the Markets
As we noted last week, there is always something to worry about. Yesterday, we discussed the risks being created by exchange-trade products, quoting a Mauldin Economics column. In his column,…
Exchange-Traded Products Can Be Risky
While fear of rising interest rates has clearly been a factor in recent market volatility, there are plenty of other reasons for the sudden jolts that are worrying investors. Doug…
There’s Always Something to Worry About
For investors and economists, there is always something to worry about. When stock prices are high, we worry that they’re going to fall. When they’re low, we worry that they…
Market Drop Was No Big Deal
The stock market has been setting records for years and it set another one last week. This time, though, the record wasn’t for the highest ever Dow Jones Industrial Average.…
The Ghost of Ben Bernanke
“The good news is bad news.” …
Six Social Security Changes Taking Place This Year
The good news for retirees is that they can expect more benefits this year from the Social Security Administration (SSA). The bad news is that the retirement age and earnings…