What is a “currency war”?
I bet you’ve noticed that gas prices have dropped significantly lately. On the New York Mercantile Exchange, a barrel of light sweet crude is currently worth well under $60. Prices have dropped more than 25% in a month and almost 45% year-over-year. What is behind this freefall? How long will prices keep dropping, and who does this development hurt and benefit?1
I hope this blog post finds you in good health and enjoying the holiday season. I wanted to send out a quick note to give you my perspective on the markets, particularly regarding the performance of domestic large-cap stocks relative to other asset classes, and to discuss why you still want to maintain a diversified portfolio.
For those of you interested in the details of what’s been going on in the financial world last month, here’s what happened in November.
You may have heard statistics or evidence that multitasking can actually make people less efficient. Actually, in many cases that’s true. Generally speaking, multitasking decreases the level of knowledge and understanding in a given task; and, sometimes it can lead to doing many things but not really accomplishing anything.
Choosing a financial advisor is tough. There are generally a lot of options so how do you differentiate the crème de la créme of advisors who you can really trust to manage your hard-earned money?
Money is just one of those things that sometimes brings people as much pain as it does pleasure. As the economy in an up cycle of the recession, things are looking better but just the thought and uncertainty of an unstable economy is often enough to bring the fear back into people’s minds