The stockings have been hung, candles lit, lights strung, and carols sung when the financial stress begins to peek behind the corners of brown paper packages tied up with string. Everything’s shiny and cozy but you can’t extinguish that tiny feeling that you went way over budget this holiday. You’re not alone; holidays are a particularly financially stressful time for many.
Higher Rates: The Tempest in the Teapot
Anybody who was surprised that the Federal Reserve Board decided to raise its benchmark interest rate this week probably wasn’t paying attention. The U.S. economy is humming along, the stock market is booming and the unemployment rate has fallen faster than anybody expected.
Is OPEC Back?
It was initially considered something of a big deal when, on November 30, the Organization of Petroleum Exporting Countries (OPEC) ended years of squabbling and mutual frustration by announcing that their members would cut oil production in the coming year by 2 million barrels a day.
Many of President-Elect Donald Trump’s policy proposals are too vague to analyze, but one area where he has been clear is on reforming our tax system.
Why has the American economy grown so slowly since the Great Recession? This year, GDP growth will fall somewhere in the 1.5% to 1.8% range, below the 3% growth rate that is considered a sign of robust economic health.
You may have been reading something about problems with one of the world’s largest lending institutions—Deutsche Bank—without understanding what the issue was.
Chances are you’ve felt a bit discouraged by the global warming reports. On the one hand, they say that our world is in for trouble unless we make significant changes in how our global economy produces the energy it needs to function.
By all accounts, stress—and its accompanying emotional mix of frustration, anxiety, and fea
Bill's Favorite Holiday Recipe
Sharon, my wife, makes a wonderful Seafood Paella for the holiday’s that is a different experience from traditional ho
Presidential Elections and the Stock Market
Next month, Americans will head to the polls to elect the next president of the United States.
While the outcome is unknown, one thing is for certain: There will be a steady stream of opinions from pundits and prognosticators about how the election will impact the stock market.