Financial Advice for Retirement, Social Security, IRAs and Estate Planning

Bob's Blog on Retirement & Beyond

Will Inflation Bounce Back?

June 8, 2017

Or: why hasn’t inflation increased much despite all the excesses in global monetary policy? This article looks at recent global inflation trends and quotes both people who think inflation is about to rise and those who think inflation is stalled for a while yet. It’s an important question, because inflation will dictate monetary policy. But […]

Home Remodeling is Driving Growth

June 7, 2017

While many analysts point to slower activity in some areas of the economy, home remodeling is booming. It’s creating jobs and boosting materials suppliers. Charts and other details are here. What’s more, Americans are spending more on home improvements. While a report Thursday from the Commerce Department showed a 2.9 percent drop in April outlays […]

Ben Bernanke’s Outlook and Review

June 7, 2017

Former Fed Chairman Ben Bernanke had the paperbook version of his memoirs as Fed Chairman published, so he’s on a publicity tour. Here’s an interview he gave to the web site Vox.com. In it, he says it’s a mistake to try to restore the types of coal and manufacturing jobs the U.S. had in hte […]

Understanding Slow Wage Growth

June 7, 2017

One conundrum and concern in the economy has been low wage growth in the face of very high employment (or very low unemployment). This post pulls apart the major measures of wage growth and finds them to be flawed. It states that wage growth most likely is higher, perhaps significantly higher, than the traditional measures […]

Signs of a Top?

June 6, 2017

This article points to several prominent stock market bears who now are saying stocks could go higher, that they aren’t in a bubble, and a serious stock market decline isn’t likely for a while. Anecdotes like this often are used as evidence that the markets must be peaking, because there soon won’t be any buyers […]

As Boomers Downsize, Kids Don’t Want Their Heirlooms

June 6, 2017

A time-honored tradition is for older generations to pass some of their household goods and personal effects to younger generations. The tradition is drawing to a close in many families, according to this article. It says the Boomers are downsizing to smaller homes and asking which of their effects tehir children and grandchildren. They’re learning […]

Why People Make Mistakes

June 6, 2017

Behavioral economics has done a lot to expose the types of mistakes people routinely make. Behavioral economists and psychologists frequently argue that people are hardwired to make the common mistakes. But the field doesn’t explain why the mistakes are made. This article argues that it is important to explain why the common bad decisions are […]

Avoiding the Swindles

June 5, 2017

How do people allow themselves to be scammed? This article is a profile of a Canadian master con man. The stories in the article show how the cons work and how easy it is for people to be duped when they aren’t fully on guard. It’s entertaining and educational. Ennis was stunned. Regan added darkly, […]

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