Use the volatility to your advantage; where to harvest gains and where to redeploy. Read More
Should you pay off a 6–7% loan, or invest the money instead? If you ask a financial professional, the answer is usually immediate:... Read More
Watch what people do not what they say Read More
“Daddy, that’s not fair.” The late, great P.J. O’Rourke used to joke about one of his young daughters pulling out the... Read More
States with lower taxes are attracting talent and capital, and states with higher taxes are losing them. Read More
Spring is in the air and Tax Season is here, and with it, tax increase plans are sprouting on Capitol Hill. Four Democratic Senators have... Read More
Their anger goes far beyond the recent rise of unemployment and the looming threat of A.I. Read More
As we’ve noted more than a few times before, for most of the 20th century AT&T’s Bell Labs was the premier industrial research lab in the... Read More
Geopolitical tensions and the global financial system have changed dramatically since 2000. Markets rise and fall; what's propelling gold? Read More
Americans love to gamble but placing bets on wildfires, floods and storms comes with serious societal costs. Read More
President Trump faces an affordability paradox, and his attempts to solve it before the mid-terms are likely to cause severe political,... Read More
Strategy with no doctrine. Read More
Unhealthy economic imbalances have come to characterize the US economy not as single spies but in battalions. Read More
I don’t think people have thought hard enough about how bad this could get. Read More
How gambling is eroding empathy, destroying relationships, and changing our culture — even for people who never bet. Read More
Many vaccines confer surprising knock-on, or indirect, health benefits when they have been put into widespread use. Read More
Foreigners are diversifying out of US Treasuries but not necessarily the dollar. Read More
Holding stocks has made money. But most individual stocks have lost money. Read More
As AI drives the marginal cost of production toward zero with an endless supply of labor, we're changing the ways we pay for work. Read More
Over the next 75 years, the federal government faces a $79.6 trillion gap between projected noninterest spending and revenues> Read More
In CBO’s projections, the U.S. population grows from 349 million people in 2026 to 364 million in 2056, and the average age rises. Read More
A look at sports betting and its effects on consumer financial health in states where it has been legalized and across state lines. Read More
The rules for claiming spousal benefits are complicated. Read More
AI is driving returns in equity markets because of the growing size of tech in the S&P 500 index. Read More
Analysts say the US currency’s long-term prospects still appear weak, owing to rising debt burdens and policy uncertainty. Read More
One signal is never enough Read More
Investor allocation to the international value asset class is at historically low levels, driven largely by an underallocation to non-US... Read More

For millions of Americans, affordability isn’t just about gas or groceries. It’s also about whether they will be able to retire comfortably and with dignity. The Department of Labor (DOL) may imminently propose a rulemaking that could set the stage for a modernized retirement system for working Americans with 401(k) plans. President Trump has made lowering costs and expanding fin... Read More
Should you pay off a 6–7% loan, or invest the money instead? If you ask a financial professional, the answer is usually immediate: invest. The market returns more over time. The math supports it. The outcome, however, depends on something the math doesn’t measure. This isn’t really a question about debt. It’s a trade. On one side: A guaranteed 6–7% return. On the othe... Read More