The Economy

Are We Living In The “Good Old Days”?

Nov 27, 2023

For anyone following current news, whether from mainstream sources or the more extreme corners of the Internet, it may seem that the world is spiraling into chaos. That same narrative is frequently echoed by politicians and political candidates. Are things really that...

The Risk of Anchoring Investment Expectations to a Market High

Nov 20, 2023

Imagine that you have placed your retirement funds in a diversified portfolio which includes a portion in the stock market. A year after your initial investment, the news is buzzing with stories about record-breaking market highs. Seeing the value of your portfolio...

Predictions of US Dollar’s Demise Did Not Come True

Aug 21, 2023

At the height of the pandemic recession, a June 22, 2020, headline in The Capitalist.com caught my eye: “Dollar Will Plunge 35%, Lose Status As World Reserve Currency.” The article opened with, “The US dollar is on the verge of a 35% collapse. It could also lose its...

Are We In a Recession? Look to Trustworthy Data for the Answer

Jul 17, 2023

When it comes to the economy, the idea of “fake news” is nothing new. We’ve often had a segment of the population believing the US government is intentionally lying. In the early 2000’s, economist Paul Krugman used the term “inflation truthers” to describe...

Is Gold The Answer? First, What Is The Question?

Jun 12, 2023

I’ve noticed recently that news and commentary programs are being inundated by ads with dire warnings of the imminent collapse of the US economy and the dollar. “Are you worried about the value of the dollar? Protect your wealth and safeguard your financial...

“The Economy is Bad–But Not For Me”

Apr 17, 2023

I recently came across a new survey of personal financial and economic views of Americans done in March of 2023 by NORC at the University of Chicago, funded by The Wall Street Journal. Here are some of the findings I thought were particularly notable. Most of us, a...