Inflation’s return changes the world

Will what we are now experiencing prove an enduring shift in the monetary environment or just a temporary one? We just do not know. It depends on how far high inflation has been just the product of supply shocks.

Older Workers And Their Wealth

When workers are finishing up their careers and nearing retirement what do they have? In 1992, the median wealth for U.S. households with at least one worker aged 51-56 in 1992 was $654,926 (inflation-adjusted to 2016 dollars); in 2016 they had much less, $466,900....

Yes, there are alternatives to stocks

The stock market has been strutting into the spotlight lately, with talk — however premature — of a new AI-driven bull market popping up nearly everywhere you turn. Amid all the hoopla, you can easily miss the solid returns being posted by far less glamorous asset...