Why are people more afraid of flying than driving, even though car wrecks are far more frequent? As one academic suggests, “in a car, at least I know when to brake. In a plane, I have no control.” This might also explain why many investors want to hit the brakes if they fear a recession is on the …
Economics
Inflation: Present, Past, and Stage Two Thinking
Everywhere you look, inflation is front and center. It’s impossible to avoid it; it shows up in the grocery store, the gas station, and in many other places where goods are bought and sold. In a recent piece, “Understanding Interest Rates” we explored how rising and falling interest rates can impact …
2020 Election Preview: What Happens If…
Now that the race for the White House is less than a month away, we are providing an “Election Preview” that details three possible scenarios: Trump Presidency with a Divided Congress, Biden Presidency with Democrat Congress (A Blue Wave) and No Clear Winner. We wish to make it clear that our …
