Inflation is never a feel-good story. Nothing feels good about items getting more expensive, no matter how inconsequential price hikes were for decades prior to 2022. Gas prices have long been the biggest factor determining whether consumers were confident and happy or nervous and displeased. Elections turn on inflation numbers. “It’s the economy, stupid,” was …
Years ago, I stayed in a hotel on the Las Vegas strip where a message flashing on the big screen out front said “98% wild slots.” The sign was telling the public that the hotel’s slot machines paid out 98 percent of the money they took in, reducing the “house edge” to 2 percent. By …
While the stock market was off on a wild ride this past Monday, I took a break from the work day to check out one of my favorite sports websites. There, I found an “off-topic discussion” headlined “Is it time to go risk-off?” That simple headline – and the entire lengthy brouhaha that followed it …
Marty in East Weymouth, Mass., asked recently if I would tackle what he considered an “oddball question.” His problem is one everyone might wish for: Too much cash. “I have a lot of cash and not much in investments,” he said. “I don’t have much faith that I will be in the …
