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

Bob's Blog on Retirement & Beyond

Problems With The Consumer Price Index

May 4, 2018

The widely-used inflation measured, the Consumer Price Index (CPI), also is widely-criticized. In the recent tax reform bill, Congress changed the inflation measure that is used to inflation index many items in the tax code. The result is lower inflation. This article describes a more comprehensive criticism of the CPI and an alternative proposed by […]

Global Economy Rebounds

May 4, 2018

The dollar rose sharply in the last few weeks. That’s largely because recent economic data showed growth outside the U.S. slowing rapidly. Investors were moving money to the faster-growing economy in the U.S. But that could all be temporary. Two major Wall Street firms reported that slower growth was a first-quarter phenomenon and appears to […]

Are Trends Turning Against E-Commerce

May 4, 2018

This article argues that online retailing is losing its cost advantages over the old bricks-and-mortar stores. We’ll see if these recent trends hold and it consumers prefer shopping online to visiting stores, but it’s an interesting take that is contrary to prevailing views. An example of this, as the Wall Street Journal recently reported, is Bleecker […]

Tax Cuts Increase Business Investment

May 3, 2018

The first hard data about how major companies will spend or invest their tax cuts is in. This survey finds that a large part of the tax savings is being invested in the businesses through capital expenditures. New business investment should lead to more growth and a stronger economy. Some of the money will be […]

Small Businesses Report Strong Wage Growth

May 3, 2018

In a sign of both strong economic growth and the potential for higher inflation, small businesses reported that wage grew at the fastest rate in two years. Businesses continue to report difficulty finding qualified employees for their job openings. “The low unemployment rate is contributing to steady increases in wage growth,” Martin Mucci, Paychex president […]

Be Wary Of Those Experts

May 3, 2018

The Chronicle of Higher Education tracked down an individual who’s been widely quoted on the media on student loans. It turns out the person doesn’t exist. His web site actually is owned and run by a student loan company, and the items published under his name were written by different staff members. His interviews were […]

A Bullish Case

May 2, 2018

Dr. Ed Yardeni says he’s looked at the charts and can’t find a case for pessimism. He sees people worrying about the flattening yield curve and other factors, but traditional signs of a downturn aren’t in place, and he doesn’t see much to worry about. This demonstrates that while history often repeats itself, there are […]

The New Globalization

May 2, 2018

This article argues that globalization and free trade are different than they used to be, and people need to recognize the differences. It argues that the new globalization is more sudden, individual, unpredictable, and uncontrollable than in the past. That increases the sense of fragility in people. What changed the world was the offshoring of […]

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