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We explore six impacts of higher interest rates on housing, capital projects, stock buybacks, excess returns for stocks, bonds, and other asset classes, and ind…
Our allocation to risky assets should vary based on the expected return, volatility, risk aversion, and how much we can earn risk-free. That means we should be …
Why investing in non-investment grade bonds, leveraged loans, and preferred stocks is potentially more compelling than investing in common stocks at present. To…
Interest rates have been sliding for seven centuries. Dive into the historical forces driving this trend and examine whether the recent interest rate spike is j…
We discuss ten rules of thumb for individual investors to consider when saving and investing for and in retirement. Don't use institutional hand-me-downs Stay c…
What are the pros and cons of partially funding retirement expenses with an inflation-indexed bond ladder versus an immediate annuity? There is a big downside t…
What are the economic and cultural benefits of tourism. What are the downsides to too much tourism. How to find the right balance. Topics covered include: How s…
