Tag Archives: Economy & markets
Every December, my department holds a white elephant gift exchange. We place wrapped gifts on a table and take a number. When our number is called, we can select a gift or “steal” a gift that someone else has already … Read more
The Federal Reserve is going to be led by a remarkable economist, but Janet Yellen still faces challenges. Policy will evolve, says Vanguard Chief Economist Joe Davis.
An exchange I had during the holidays triggered my desire to write—and, hopefully, get some feedback from all of you.
The topic du jour is the fiscal cliff and what the government (House, Senate, President) will or will not do … Read more
Any long-term investor knows that inflation is the enemy. A spike in inflation can drastically reduce your real investment returns, particularly for fixed income securities. At present, yields on many Treasury Inflation-Protected Securities (TIPS) are negative, a clear reflection of … Read more
In the summer at the beach as a boy, I used to dig in the sand and dream of finding pirate treasure. Old silver and gold coins from Spain and other parts of Europe that may have once washed upon … Read more
I was at a garden party recently, on a beautiful Sunday afternoon in September, where talk centered around the economy, politics, favorite movies, and the latest in electronic gadgets. Yet one conversation that struck a particular chord with me was … Read more
When the stock market sells off, as it did in late July and early August, there is an inevitable surge in commentary on the riskiness of U.S. retirement accounts. The main worry is that retirement investors are taking on too … Read more
Everyone who is not on vacation appears to be focused on the uncertainty created by the lack of a resolution to the most recent government funding crisis. I wish I could add some value with respect to the discussion of … Read more