Author: Daniel

NEWS What Happened Last Week Headline inflation (CPI) showed 3% over the last twelve months, with core inflation (excluding volatile food and energy prices) at 3.3%.…

“I went to the woods because I wished to live deliberately, to front only the essential facts of life, and see if I could not…

FINANCIAL TOOL High Yield Bonds When smaller, unproven companies accept loans through the sale of bonds, investors require a higher payout because of the higher…

NEWS What Happened Last Week According to a new Gallup poll, Americans are the most optimistic they’ve been in the past seven years about economic growth,…

PARADIGM SHIFT Future of Reserve Currencies The US dollar has been the global reserve currency since the end of WWII. That means countries around the…

FINANCIAL TOOL Investment Grade Bonds There are three main bond rating agencies in the US: Standard & Poor’s, Moody’s, and Fitch Ratings. They evaluate the…