Personal Finance: The importance of rational expectations
Quiz any random group of investors, and you are likely to hear that the stock market is overvalued.
Quiz any random group of investors, and you are likely to hear that the stock market is overvalued.
Brother, can you spare a Bitcoin?
A commonly-held misconception is abroad in the land: cut taxes and regulation, and the economy will return to a 3 or 4 percent annual growth rate.
Over the previous two weeks we have discussed the various types of bonds and how they work. Last week we examined in excruciating detail how bond prices are determined (extra credit if you read all the way to the end). Today we look at the role of bonds in reducing the risk of a well-constructed portfolio.

Last week we discussed basic concepts and terminology regarding bond investments.
Most of us have a basic understanding that a share of stock represents a fractional ownership in a company. Bonds, on the other hand, are surprisingly less well understood despite their relative simplicity. Today we will look at the fundamentals of this important class of investment security.
President Trump is expected soon to announce whether he will impose 20 percent tariffs on imported steel.
Americans pause today to celebrate the birth of a nation that has literally changed the course of humanity during its 241 year history.
On June 9, a new rule was officially promulgated by the U.S. Department of Labor. The so-called "Fiduciary Rule" places a greater responsibility upon investment professionals who give advice on retirement assets to place their clients' interest ahead of their own.
Stocks of supermarket companies took a dive last week on news that the great category-killer, Amazon, is acquiring Whole Foods Market.