Is A Recession Looming?

Is A Recession Looming?

It must be really tough to be an economist right now. Ordinarily the data that feeds into their economic models is consistent enough to enable them to forecast economic downturns with better than 50% accuracy (although they almost never get the timing or the severity right). Today, though, it’s a different story. Economists are flatly…
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Why Some People Make Bad Financial Decisions

When I was a teenager I was a fan of science fiction. I recall reading one story about an attempted takeover of the world by a bad guy using warrior robots. His nefarious plan was thwarted by the good guy who discovered a way to cause the robots to self-destruct. The solution involved feeding conflicting…
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How Long Will High Inflation Last?

This is the third article I’ve written on this topic since inflation started spiking late last year. Currently we’re experiencing significant increases in the cost of gasoline, food, and other staples. And this is a world-wide phenomenon, not just in the U.S. With the media hyping the current level of inflation as the worst in…
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When Should You Start Taking Social Security?

I’ve written numerous articles over the years about strategies for maximizing your Social Security (SS) benefits. But the most fundamental decision all retirees face is when to start taking payments. Which is better: to start as early as possible or to delay benefits as long as you can? First, you need to understand how SS…
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Some Reassurance For Volatile Times

The capital markets are once again experiencing a bout of high volatility. Both stock and bond returns are negative year-to-date, with technology and other growth stocks leading the pack. Possibly investors are worried about the outcome of the Russian invasion of Ukraine. Or the longer-term likelihood of protracted inflation. Or interest rate increases. Or something…
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U.S. Life Expectancy Lowest Among Peer Countries

It’s well-documented that the U.S. had more deaths due to COVID than any other country on the planet (excluding authoritarian countries whose reporting is highly politicized). According to a study published by the Journal of the American Medical Association (JAMA), U.S. life expectancy – which was previously lowest among 21 high-income advanced democracies with available…
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