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The Economy

Keep Your Politics Out of Your Portfolio

Financial Planning magazine posed the following question to 320 financial advisors: ”How will the U.S. election outcome influence retirement planning, and what steps are you currently taking?” The responses revealed that a stunning nine out of 10 advisors anticipated...

The Inflation Paradox: When Perception Clashes with Reality

Back in June 2022, news headlines and social media were screaming about the 9.1% inflation rate. Eighteen months later, in December 2023, inflation was 3.4%—one of the biggest drops in modern history. Yet instead of celebrating, consumers remain anxious, with...

Are We Living In The “Good Old Days”?

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

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

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

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...