We know a lot more about investing than we did 30 years ago.   I’m not talking about supercomputers, sophisticated algorithms or breaking down “big data.” No, the calculations that we’ve learned more about happen inside each investor’s mind.   Neuroscience and psychology have taught us that human beings aren’t… Read More

Tonight’s presidential debate is expected to garner a Super Bowl-sized television audience – as it should. Our economy remains fragile, and we’re all hoping some new leadership will kick start our economy – and our investments.But sadly, tonight’s show will not only rival a major sports event in viewership, it’s… Read More

Have you ever been to a movie that’s been hyped for months … and then it’s a dud? I have. That’s what this week felt like for U.S. stocks. The buildup to the Federal Reserve’s announcement (and several other key economic and earnings reports*) turned out to be much… Read More

Most Americans are broke.A recent Federal Reserve Board study found that 46% of Americans said they didn’t have enough in savings to cover a $400 emergency expense.A new survey by GoBankingRates.com found that close to half of Americans who make $100,000 to $149,999 a year have less than $1,000… Read More

After months of anticipation, mixed signals and several million perceptive predictions by professional prognosticators, the Fed today announced that it will do nothing.The Federal Open Market Committee said it would keep short-term interest rates unchanged, despite a relatively optimistic outlook on economic growth. The FOMC statement, released this afternoon, said… Read More

The New York Times took an in-depth look at infrastructure yesterday — and the editors are bullish. Part of the reason is politics. Democratic presidential candidates usually favor more spending on infrastructure, appealing to their union base. But this year, the Republican candidate seems to agree. Clinton and Trump… Read More

Brace yourself for a wild week in the markets. Read More

One of the Great Truths of Investing is that diversification is the key to avoiding roller-coaster returns in your long-term portfolio. That “Truth” looks more and more like a myth. I’m not saying diversification won’t smooth out returns in some cases. It will. That’s certainly true in a stock portfolio. Read More

It's still a strong company, and buying on dips will be profitable. Read More

Now that both presidential candidates have informed the world of their blood pressure and cholesterol counts, here’s hoping the inane campaign coverage turns to topics that really matter to the future of our country and the world.From an economic perspective, it’d be nice for the media to examine both candidates’… Read More