News

The US Federal Reserve (the Fed) raised its overnight interest rate (Federal Funds Rate) by 0.25% to a range of 1.75%-2% earlier this year (June’18).  This marked the 7thrate hike since December 2015.  Two more 0.25% interest rate increases are expected later this...

A strong economy with rising inflation and interest rates should hurt some bond investors.  While many bond investors strive for capital preservation, stability and yield, in recent years it was hard to find all three traits in the same security.  Some investors found...

First quarter economic growth data has been unreliable in recent years.  The government’s seasonal adjustment of data is large in the winter and is quite complicated.  The first quarter also tends to have outsized weather effects and changing consumer trends.  Some...

Long-term US stock annualized returns, by definition, tend to be close to their 100-year average of 10%.  This included many horrible time periods, including the Great Depression and world wars.  As such, someone predicting future long-term stock returns might use 10%...