Should just being “employed” make people/workers happy? On one level, any job is better than no job. But we also derive much of our identities and...
You really need to watch this video of a recent conversation between Ray Dalio and Paul Tudor Jones. Their part is about the first 40 minutes. In this...
Nothing is forever, not even debt. Every borrower eventually either repays what they owe or defaults. Lenders may or may not have remedies. But one way...
The global economy is slowing. Germany, for instance, may already be in recession. GDP there dropped 0.1% in this year’s second quarter, with little reason to...
When the US and ultimately the rest of the Western world began to engage China, resulting in China finally being allowed into the World Trade Organization...
Banks are a place where you store your cash, right? Not exactly. When you deposit money in a checking or savings account, you aren’t just letting...
In Hong Kong, somewhere between 1–2 million people (out of a 7+ million population) have taken to the streets protesting an extradition bill proposed by Beijing....
The Federal Open Market Committee had an unscheduled meeting on October 4. That happens occasionally and they often don’t reveal it occurred until the next regular...
Remember “defined benefit” pensions? That is the kind of plan in which the employer guarantees the worker a set monthly benefit for life. They are increasingly...
“Would Trump’s impeachment crash the market?” A reader asked me after House Speaker Nancy Pelosi announced a formal impeachment inquiry into President Trump’s dealings with Ukraine....