Uncategorized

With the election over and President-elect Biden warming up to steer the ship into 2021 and beyond here is what I’m thinking about: It’s all about the debt. Once upon a time Presidents would sometimes oversee a contraction in the national debt. But you’d have to go back a hundred years to find an example…

When’s the last time you had a close call? A flirt with disaster? A near miss? Many of these experiences happen when we’re behind the wheel of our vehicles. That momentary distraction when your phone chirps. Maybe you stayed a little too long at that party. Or perhaps you left your eyeglasses at home. You’re…

On August 12, 2020 the S&P 500 briefly touched above the all-time high it abandoned back in February. It currently stands as the fastest recovery in US market history, with the S&P 500 rising over 50% in just about five months. Who could have predicted such a stunning turnaround? Nobody. And that’s just the thing.…

Consumer prices fell by 0.8% on a seasonally adjusted basis in April, the biggest drop in more than a dozen years, the Bureau of Labor Statistics reported. Conversely, prices for grocery items jumped 2.6%, the highest one-month increase in 46 years, with eggs rising by 16%. What’s going on here? Well, the devil is in…

Many years from now, God willing, my grandchildren will ask me, “Grandpa, where were you the day they announced that Forrest Gump had COVID-19?” Isn’t it astounding how quickly narratives change? We all knew 24 hours ago that the market was correcting because of a global flu pandemic. But how bad could it possibly be?…

There’s an old joke that a pilot’s job is years of boredom punctuated by brief moments of terror. It’s like that for retirement planners, too! It’s also been said that making money is easy, but so is losing it if the right discipline is not exercised when it matters most. As we enter our third…

Out here in New England, we’ll soon be entering what my mom has dubbed “suicide squirrel season”. Winter is coming and food will be scarce, so our rodent friends begin a mad dash to build their winter reserve. In their frenzy they bolt across busy streets and oncoming traffic. Squirrel roadkill is no more unusual…

I hate losing things. Every winter, the whole family gets cabin fever. Thank God my wife is responsible enough to get us out of Dodge, at least for a weekend, to feel the sun. This year, we went to Fort Lauderdale. Our first day at the beach is near perfect. Bright sun, no clouds, but…