The 5 money maps
In my last post, I set forth some of the frightening statistics around money and relationships, including: Disagreements around money are the #1 cause of divorce in America 12% of married couples have never had a conversation about their finances More than 1/3 of Millennial…
Misery – a scary movie, but a not so scary index (at least as of today)
Kathy Bates justifiably won the Best Actress Oscar for her portrayal of former nurse Annie Wilkes in the 1990 psychological horror film Misery, based on Stephen King’s 1987 novel of the same name. If you haven’t seen the movie, our advice is DON’T! It –…
Protecting what’s yours
We’ve all seen security breaches covered in the news: Equifax – at a cost of nearly $243M, Uber – resulting in $148M in combined fines, and just last year, Facebook – at a potential cost of $1.63B. Beyond the financial repercussions of these events, and…
Maybe GDPNow can give us all a bit of serenity now
Stocks are correcting, the yield curve is inverting, and US/China relations are deteriorating. If there was ever a time we could all use a bit of ‘serenity now’, well, it might be now. In all seriousness, it has been a very bumpy month. Since the…
Why we’re not concerned China will “go nuclear” on US debt
As US/China relations take a turn for the worse, we are increasingly asked if China might seek to punish the US by liquidating its portfolio of US Treasuries, a course of action often referred to as “The Nuclear Option.” Given that China is the largest…
Baby boom – Great for economic growth, but there isn’t one in sight
At a high level, two factors drive economic growth: 1. growth in a labor force (e.g. more people working this year versus last year) 2. growth in productivity (e.g. people producing more this year versus last year). So, the basic formula for growing an economy…
Love and money
“Money is not the most important thing in the world. Love is. Fortunately, I love money.” – Jackie Mason Have you had a disagreement with a loved one recently about money? If so, you’re hardly alone. An American Express survey found money took the top worry…
A lot can happen in two weeks
A lot can happen in two weeks – and you don’t have to be a fan of the great romantic comedy Two Weeks Notice to know that – just take a look at the economy and markets. (I do believe Sandra Bullock and Hugh Grant are both…