You’re probably at least somewhat familiar with the Consumer Price Index (CPI), the Bureau of Labor Statistics (BLS) measure of inflation. Considering that this metric is the fundamental driver of government programs ranging from the setting of short-term interest rates to Social Security’s cost of living increases, its importance in our lives cannot be overstated.…
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You may have heard through the financial media that the U.S. Treasury yield curve has been flattening, portending a possible recession in the near-term. As of this writing the yield curve is at its flattest point since 2007. Exactly what is the yield curve, and is it truly a good indicator of a future economic…
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Larry Kudlow, President Trump’s top economic advisor, announced that “the deficit… is coming down, and it’s coming down rapidly” in an interview on the Fox Business Network two weeks ago. He was on the show to promote the positive effects of the tax reduction law that was signed late last year. Unfortunately, his statement was…
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There seems to be no end to the creativity displayed by fraudsters attempting to fleece unsuspecting investors out of their savings. I find it especially egregious when it’s targeted towards seniors and those who have a limited ability to recover. Human nature can make it difficult for us to resist the apparent opportunity to reap…
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