It’s not a secret that we’re coming off of a great year for the stock markets. The Dow Jones Industrial Average was up 25%, the S&P 500 19.5%, and he tech heavy NASDAQ saw 28% gains in 2017i1. That’s the 21st best year of the 118 recorded since 19002. And it’s not just here.

Investing in Necessities

In 1944, at Bretton Woods, New Hampshire, 44 war-battered countries accepted the US Dollar as the world’s reserve currency.  That made it the currency of global commerce.  In exchange, the US agreed to make the dollar forever convertible to gold at $35 an ounce.  Back then, the US had 80% or the world’s gold reserves; about 21 million tons.  So it was only natura

Depending on who you listen to, somewhere between 77 million to 82 million baby boomers were born between January 1, 1946 and December 31, 1964.  Rounding off, let’s call it 4 million births a year.  The best estimates have 65 million boomers still alive, but when you add in immigration, there are currently around 80 million people of boomer age in the United States.

Historically, the price of stocks and the price of oil don’t have anything to do with each other.  But since last December, they are in absolute lockstep in terms of correlation.  Correlation is a statistical term and it refers to the relationship between two or more things and is measured in a band that goes from -1.00 to +1.00.  If two things are at -1.00 they are polar o

It's not easy to name the dumbest thing on earth, because the choices are almost limitless, but the government mandating that 10 percent of our motor fuel come from corn is certainly high on the list.

Recently, I decided to learn a new sport. Golf! Yes, golf. I considered the course an opportunity to enhance some of the qualities I enjoy about life: exercise, time with friends and family, and relaxation.

There has been a lot of talk lately about the US Dollar losing its status as the world's reserve currency so I thought a newsletter about the dollar would be appropriate.  Having the dollar as the world's strongest curr

Last week, President Obama made a definitive statement supporting Net Neutrality.  Until that moment, not many people knew very much about the subject, if anything at all.  The term was coined by Tim Wu, a Columbia University professor in 2003. It means that all Internet traffic should be treated equally.