To fight inflation, the Federal Reserve has been raising interest rates in what’s referred to as a tightening cycle. Rates have climbed steadily by 75 basis points (3/4 of 1%) until the most recent Federal Open Market Committee meeting when the tightening was reduced to 50 basis points or a ½ of 1% increase. The […]
A PARADIGM FOR BUYING CORPORATE BONDS Read More »
During inflationary times investing can be frustrating as the measuring stick (U.S. dollar) used to determine the value of future returns keeps getting smaller. With inflation comes the antidote of higher interest rates. Inflation and higher interest rates don’t automatically spell doom for investors, but some changes to retirement portfolios and the way investments are
AN INVESTOR’S GUIDE IN AN INFLATIONARY ECONOMY Read More »
Inflation has a significant and sometimes severe impact on the overall economy. The impact on prices can be felt far and wide in the world of commerce, but an even greater concern is the impact of inflation on the investment sector. With rising interest rates, the stock market has whiplashed up and down with volatility.
INFLATION’S IMPACT ON PENSION FUNDS Read More »
Since its summer offensive, Ukrainian forces have pushed Russian troops back considerably from the territory they captured in first several months of the conflict. They have caused perhaps 100,000 Russian casualties, but have suffered a significant number of casualties as well. The momentum has shifted in their favor, but what would it take for them
IS THERE A WAY FOR UKRAINE TO WIN ITS WAR WITH RUSSIA? Read More »
On November 8th of this year, FTX, a major cryptocurrency exchange, entered into a letter of intent to be sold to Binance, a rival cryptocurrency exchange. The very next day, Binance pulled out of the deal having had a chance to look at FTX’s books. On November 11, FTX filed for bankruptcy. On November 13,
THE CRYPTOCURRENCY CRASH OF 2022 Read More »
In this episode, LAPD detectives Aguilar and Lee are pursuing a serial killer who is terrorizing the area in the Harbor/Gateway District along Sultan Road. On the chance that Ben Williams’s killers would turn up at the offices of the South Bay Neighborhood Association the next day to get paid, Aguilar and Lee drove to
AN EXCERPT FROM SULTAN ROAD Read More »
Last February, Vladimir Putin, Russia’s President, sent a 200,000 man army across the border from Russia into the sovereign nation of Ukraine. He apparently believed that the Ukrainian forces would fall easily, as the size and strength of his invading force has proven to be inadequate for the job it was assigned to do. In
CAN UKRAINIAN FORCES DEFEAT RUSSIA? Read More »
Most of you know that I recently took a cruise to Alaska on Princess Cruise’s Crown Princess. But perhaps only a few of you know that I formerly worked for Princess Cruises as their Assistant Controller back in the 1980’s. In those days the business consisted of only three ships and was owned by a
CRUSING THEN AND NOW Read More »