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November 15, 2023
This year’s outsized performance by the S&P 500, a popular large-company index, is currently being driven by just a handful of companies commonly referred to as the Magnificent Seven, which includes Apple, Amazon, Meta Platforms (Facebook), Alphabet (Google), Microsoft, Tesla, and Nvidia. These...
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October 26, 2023
Investors have been in love with TINA on and off for fifteen years, ever since the Federal Reserve first dropped short-term interest rates to zero in the wake of the 2007-2009 financial crisis and then again in 2020 in response to COVID. TINA, an acronym for There Is No Alternative (to stocks),...
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October 2, 2023
As expected in mid-September the captain and crew of the good ship USS FOMC (Federal OpenMarket Committee) agreed to hold the fed funds rate on an even keel of 5.25%-5.50%. However, Fed Chairman Jerome Powell surprised markets by suggesting interest rates will not be falling as much or as fast as...
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August 25, 2023
In spite of almost daily claims by the crisis-obsessed media and politicians that Social Security is going broke and those who paid into it over their careers are at risk of losing their benefits, everyone can put their mind at ease because that is not going to happen. Social Security is a pay-as-...
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July 5, 2023
The second quarter of 2023 brought the first pause by the Federal Reserve in its blistering campaign of rate hikes that began in March of last year and has taken interest rates to a 16-year high. Following ten consecutive increases in the fed funds target rate, which soared from a range of 0.00%-0....
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June 21, 2023
Health Savings Accounts, more commonly known as HSAs, are becoming an important tool in helping many individuals better manage their personal health care costs while offering triple tax benefits for those who qualify and can afford to fund them. Contributions to HSAs are tax-deductible, grow tax-...