News

  1. What to make of the rise in Bitcoin and other cryptocurrencies?

    December 18, 2017 It's impossible to speculate on the future prospects of Bitcoin or other cryptocurrencies that have been gaining significant ground in recent months. But it's important to remember the risks.

  2. How is 2018 shaping up?

    November 13, 2017 One can only forecast so much for a coming year or beyond, but a divergence of conditions is generally better news for investors.

  3. Where do we stand now with tax reform?

    October 2, 2017 There are several potential individual tax line items still in play, including repeal of the alternative minimum and estate taxes, simplifying the number of brackets down to three, doubling the standard deduction (to account for the removal of many itemized deductions, including those for state/local taxes paid and others).

  4. Are we about to have another debt ceiling debacle?

    August 28, 2017 It's certainly possible, but could be less likely than the prior mess in the summer of 2011. The ceiling has been raised many times over the years and has been considered merely a legislative formality.

  5. Is LIBOR going away? By the way, what is it, anyway?

    August 21, 2017 LIBOR (London Interbank Offered Rate) represents several averages of interest rates that large banks in London charge each other for short-term loans. Although it's referred to in the singular, it's a series of rates for different terms ranging from 1 day to 1 year.

  6. How is Social Security Doing?

    July 18, 2017 Trustees for the Social Security Trust Funds for the Old-Age & Survivors and Disability Insurance (OASDI) release their annual report on the health and long-range outlook of Social Security. Ignore the scare rhetoric about Social Security going bankrupt. Beneficiaries will still get full benefits through 2034, then about 23% less after that from payroll taxes.