The short-short list for new Fed Chair includes Janet Yellen, Fed Governor Jerome Powell and Stanford economist John Taylor, the author of the “Taylor Rule.” Right now Jerome Powell – a former Wall Street executive at Dillon Reed – is the runaway favorite. Taylor and Yellen are a very distant second and third. The Trump […]
Next Monday (October 9th) will be exactly ten years from the stock market peak before the Financial Panic of 2008. Imagine that Doctor Doom, the perceived “best analyst in the business,” told you on that night, when markets peaked, that financial authorities would allow mark-to-market accounting rules to burn the banking system to the ground, […]
Don’t you love buying things on sale? Watch our video on why you should feel the same way about market fluctuations.
The Panic of 2008 was damaging in more ways than people think. Yes, there were dramatic losses for investors and homeowners, but these markets have recovered. What hasn’t gone back to normal is the size and scope of Washington DC, especially the Federal Reserve. It’s time for that to change. D.C. institutions got away with […]
Think that title sounds familiar? It is. We’ve been here before. And, as before, the “debt ceiling” is a gold mine for some politicians, journalists, and analysts. A possible government shutdown, or reaching a “hard” debt ceiling, are both fun for pessimists to talk about. It seems to happen every couple of years and, as […]
At eight years, the current economic recovery is the third longest on record. Personal income, consumer spending, household assets, and net worth, are all at record highs. Stock markets are at record highs. Corporate profits are within striking distance of their all-time highs. Federal tax receipts are at record highs. So, how is it possible […]
If you read us regularly, and we hope you do, you know that we write each week about a topic we think is both important and timely. Last week, we were either clairvoyant, or extremely persuasive. We argued that unless and until the Federal Reserve reduced the size of its balance sheet (and unwound quantitative […]
Not really. Watch our video blog for the reasons why.
Despite what you might think, financial planning is not about numbers and math. Rogan & Associates founder Michael Rogan explains why in this video blog.
Are you confident you have a retirement plan for the future that will provide for you and your family despite what is going on in the world? Watch our video blog for more information.