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Long-Term Care Costs as Much as a New Porsche Sports Car

The march higher in the cost of home health, assisted living or nursing home services continues. The blended cost of...
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Americans Seek Advice Amid Social Security’s Financial Stress

American workers just got another jolt of bad news about the financial health of Social Security. A recent report moved...
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Big Number - Week of September 2, 2021 - 149%

Powell Sees `Transitory’ Inflation; Shipping Offers Another Clue

Federal Reserve Chairman Jay Powell repeated his view at last week’s Jackson Hole meeting that the jump in inflation would...
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Big Number - Week of August 26, 2021 - 32.4%

Ouch! Plunging Chinese Stocks Lag U.S. Equities by 32% in 2021

There’s a record-breaking chasm opening up between American and Chinese stocks this year. The SPDR S&P 500 ETF (SPY) is...
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Big Number - Week of August 19, 2021 - 82%, S&P 500

Does It Make Sense to Invest in Stocks When They’re at Record Highs?

The Baby Boomer retirement wave, egged on by Covid, rolls on. Another 248,000 Americans over the age of 65 left...
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Big Number - Week of August 12, 2021 - 18.3%

Over 65 Years Old and Working? It’s Not as Common Anymore

The Baby Boomer retirement wave, egged on by Covid, rolls on. Another 248,000 Americans over the age of 65 left...
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Corporate America’s Profit Machine Is as Strong as Ever

You’ve likely heard that second quarter profits are surging, driven by easy year-over-year comparisons and the reopening of the economy...
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Are Glide Path Strategies Still a Good Option for Retirement?

Target date funds operate under the assumption that someone’s asset allocation should follow a glide path, automatically shifting a portfolio...
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Junk-Bond Yields Don’t Provide Much of a Cushion Against Inflation

Yet another setback for retirees who view traditional fixed-income investments as a secure way to fund a long retirement...
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Bond Market Fireworks Force a Stumble in Stocks

The July 4th holiday’s fireworks extended into the work week on Wall Street. The 10-year Treasury note rallied further and...
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Abnormally Low Interest Rates Remain, Even If Fed Hikes in 2023

The Federal Reserve’s meeting last week sparked a selloff in stocks and bonds as the central bank’s projections showed it...
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Pandemic Economic Weirdness Captured in One Chart

Capturing the pandemic’s weird real-world effects is reflected in how high above trend retail sales are, at 12.9%, versus how...
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Home Prices to the Moon? Americans Say `No Thanks’

Bidding wars for homes has soured people on reaching for the American dream: for the first time in nearly 40...
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Pandemic’s Effect Erased in Job Market; Are We Back to Normal?

What was a rumbling of change in the last few years is now barreling into the mainstream with widespread name...
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