Before we dive into the usual quarterly investment insights, here’s some fun trivia: Did you know you have to count to 1,000 before you’ll find the letter “a” in a spelled-out number? We thought you could use that break from the torrent of mid-year market commentaries on 2020’s bipolar …
Economics
You, Your Financial Well-Being and the Federal Reserve
Beginning in December 2016, the U.S. Federal Reserve (the Fed) had been gradually ratcheting up the federal funds rate, until it reached its December 2018 level of 2.25–2.50%. Effective August 1, 2019, that changed: The Fed lowered the federal funds rate by a quarter point, to 2.20–2.25%. Even …
2018…It Was the Best of Times, It Was the Worst of Times…
What if Charles Dickens had begun his classic “Tale of Two Cities” as follows: It wasn’t the best of times, it wasn’t the worst of times, it was the usual mixed bag. While the statement may reflect reality, it doesn’t grab your attention half as well as Dickens’ actual opening sentence …
