Tag: US economy

Inflation, Interest Rates, The Fed, And Your Family Budget

The Federal Reserve, as part of its responsibility to safeguard the stability of the country’s financial system, has a targeted inflation rate of 2%. Its most visible tool for that purpose is increasing the federal funds interest rate when inflation is rising and...

Portfolio Guardrails To Help Manage Investing Anxiety

On-and-off-and-on again tariffs. Wars that drag on without resolution. Political gridlock making it nearly impossible to know what policy will look like a year from now. And, the most recent addition to the mix, concerns about state capitalism. My nervous system...

Do Political Biases Shape Your Planner’s Financial Advice?

Last week’s column focused on the challenge for financial advisors, in our current divided and chaotic political landscape, to provide accurate economic information even when it may not align with a client’s political biases. Now, let’s look at that same dilemma from...

The Taxes You Don’t See When You Pay Them

Imagine picking up a few items at the grocery store, checking out, and noticing a line on your receipt that says, “Tariff Tax: $7.25.” That would get your attention and spark some questions. Why am I paying this? Who decided this was necessary? Where is the money...

Why Tariffs Won’t Bring Back the “Good Old Days”

If I had a dollar for every time someone referred to the “good old days,” of the American economy, I could probably buy a vintage diner, jukebox and all, and still have enough left for a slice of apple pie. The newest round of on-again, off-again tariffs is built...