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Explaining Rising Stock Markets in the Midst of a Tariff War

July 12, 2018

In the last week, many market watchers probably saw an apparent contradiction: U.S. stocks were on the rise despite a global trade war and various geopolitical tensions. Why, and how, could this be the happening? Explaining short-term changes in the markets is always difficult and risky, but I’m going to try. Financial engineering by American companies […]

A Fresh Look At The Yield Curve

July 10, 2018

Many economists say they’re worried about the economy, because the yield curve is flattening. The yield curve does have a good record of forecasting recessions ahead of time, but the details are important. In these times of unusual monetary policy, it’s important to take a close look at the details and the history. This blog […]

Estate Planning

Estate Planning to Improve Your Financial Power of Attorney

July 6, 2018

It’s one of the most overlooked and understated pieces in most peoples’ estate plans… The Power of Attorney. And it’s so much more than simply deciding who manages your affairs when you can’t. So today let’s review more tips on how to navigate this vital step in the estate planning process. Which actions can the […]

Saving Underfunded Retirement

July 5, 2018

Morningstar conducted a study of the best ways for someone who hasn’t saved enough for retirement to ensure a comfortable retirement. It found that taking a number of relatively small actions are the best approach, because there’s no one big action that’s has a high probability of success. The worst action to take is to […]

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Bob’s Journal

July 5, 2018

I hope each of you had an excellent July 4 holiday. In this holiday-shortened week, let’s diverge from our usual Bob’s Journal entry. This week let’s take a look at a crime that has touched or scared almost everyone: identity theft and cybercrime. I share the insights from a published interview with Frank Abagnale, author […]

Markets Without People – Passive, Index and ETF Investing

July 3, 2018

Howard Marks of Oaktree Capital in his latest shareholder memo addresses the consequences of index investing, quantitative investing, and artificial intelligence. In other words, he addresses the trend toward investing with minimal interference from people. He starts with a nice history of passive investing and exchange-traded funds, and then goes on to discuss his view […]

Corporate Stock Buybacks And The Market

July 3, 2018

This article argues that a surge in stock buybacks have supported the stock market and outweighed a surge in individual investor selling of stocks. It also says that support for the market is likely to continue for a while, and that individual stock selling often is a good time to buy stocks. Companies announced $433.6 […]

Act Now to Avoid Higher Medicare Premiums in Two Years

July 2, 2018

The Medicare premium surtax jumped higher for many retirees in 2018, making planning for this Stealth Tax more important now and in the future. The Medicare premium surtax, or surcharge, is officially known by the acronym IRMAA (Income-Related Monthly Adjustment Amount). It was created by the Medicare Modernization Act of 2003, and was first imposed […]

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