We’re not even halfway through the year yet, but 2023 has been a great year for the stock market. The S&P 500 Index is up almost 15% for the year. Some market pundits are predicting 2023 will be one of the best years ever for the stock market. But what if I told you that… Continue Reading
Category Archives: Investments & Investing
U.S. Debt Limit Coming Faster Than Expected
Federal debt hit the allowed limit back in January. Since then, the Treasury has been paying the nation’s bills by using so-called “extraordinary measures” to find money in other places which it can use to keep the government running. When the Treasury first switched to extraordinary measures, we were told such funding would last until… Continue Reading
Nervous Depositors Pull Money From Regional Banks
Federal Reserve data showed that bank customers collectively pulled nearly $100 billion from accounts for the week ended March 15, as Silicon Valley Bank and Signature Bank failed, in a sign they are less confident with regional institutions. This despite the fact that the Federal Deposit Insurance Corporation (FDIC) guaranteed all deposits at the two… Continue Reading
Stock, Bond & Cash Returns Over The Last Century
Each year New York University (NYU) updates the average annual returns for stocks (S&P 500), bonds (10-year Treasuries) and cash (3-month T-bills) going back to 1928. I like looking at data like this because stocks, bonds and cash are the building blocks of asset allocation. Sure, you can add other asset classes and strategies, which… Continue Reading
U.S Household Debt Hits A New Record High
2022 was an expensive year for consumers with the cost of living rising faster than incomes, forcing many Americans to take on more debt to make ends meet. And interest rates which have increased in response to inflation are making debt more costly. NerdWallet, an American personal finance company, surveys consumers each year and looks… Continue Reading