Archive for May 2022

Published on May 18th, 2021 As with any major global conflict, we learn things. The pandemic taught the U.S. the importance of reshoring manufacturing jobs, so we aren’t beholden to other nations, like China, for many of our consumer goods, from medicines to electronics.1   One of the key lessons emerging from the Russia-Ukraine conflict…

Published on May 11th, 2021 Retirement planning was historically a little easier. For instance, the average life expectancy in 1950 was 68 years old.1If you retired at age 62, your retirement plan might need only six years of retirement income. Additionally, with the decline of defined benefit pension plans, only 14% of private industry employees…

Published on May 4th, 2021 One of the biggest economic stories of the first quarter was the rising rate of inflation, as consumer prices reached a 39-year high by the end of 2021. In the first quarter, the inflation rate floated around 7%.   Higher prices tend to hurt low-income families the most since the…

Published on April 27th, 2021 The U.S. housing market is still suffering from low inventory: too few houses available for the numbers of home-seeking buyers. Naturally, the capitalist principals of supply and demand kick in, meaning that prices inevitably rise when there are too few products available to purchase.   The problem may have become…