If you spent December reading or listening to the financial experts making forecasts for the year ahead, you could draw five conclusions about what to expect in 2022. We’ll see heightened inflation, higher interest rates, increased volatility, slower growth and lower investment returns. The specific predictions weren’t uniform or in complete agreement – it’s hard …
There’s a difference between complaining about inflation and responding to it. With the inflation rate surging to 6.2 percent in October – its highest level since Thanksgiving 1990 — holiday shoppers are about to feel a pinch harder than anything they may have faced in their lifetime as a consumer. The signs of it are …
My sixth grade teacher, Mr. Lewis, always said “One reason might make you believe something, but I need three sound judgments to be convinced.” He was teaching us to make intellectual arguments, preparing us for debate – whether with classmates or within our own minds – and hoping the process would give us sound, sensible …
At a time when many Americans seem obsessed with shutting out messages and viewpoints they don’t support and believe in, I found it refreshing last week to chat with a guy who most optimists and long-term investors either disbelieve or hate. Harry S. Dent Jr. has been a soothsayer of sadness and gloom for ages …
Keith is a friend from the Lehigh Valley area of Pennsylvania whose family is living both ends of the pandemic financial life through his adult twins. It’s a quirky story that’s about to take its next turn with the latest stimulus check from the federal government. Both of Keith’s 24-year-old children moved home within the …
Most people can remember exactly where they were when the stock market suffered its biggest one-day point decline ever. That’s not because the day was particularly memorable but more because it happened about a year ago, on March 16, 2020, early in the coronavirus pandemic when almost everyone had shut things down at home. Were …
In the alphabet soup of typical economic recoveries – think V-shaped, or W, Z, U and L – the one thing that’s common to the ending is that, for better or worse, everyone comes out together, at the same spot in the curve. The Covid-19 economy, however, is creating a K-shaped recovery, and it’s growing …
Steve in Daytona Beach Shores, Fla., a self-described patriot, says that after watching the events at the U.S. Capitol on Jan. 6, he wondered for the first time in his adult life if he should “Invest American.” Throughout his decades as an investor, Steve has tried to buy American and invest in domestic companies. His …
As the election results were tallied past midnight Tuesday, I was struck by how the results really would not make much difference for my investments over the next four years, the next decade or the rest of my life. That’s not because the president can’t do good things or that the election results won’t impact …
Every four years, as the Presidential election winds down, Americans let the rhetoric and the headlines make them gloomy about the post-vote economy. Not surprisingly, this year and this election are different, sort of. For years, Bankrate.com has surveyed Americans about the biggest threats to the U.S. economy over the coming six months, and the …
