What Were They Thinking? About three weeks ago, Fidelity, one of the largest 401(k) providers, announced that clients could invest up to 20% of their retirement funds into Bitcoin. Perspective$ readers know that, for most investors, we are not big fans of digital...
A Few Inflation History Lessons Over the past 12-18 months, inflation began to crescendo. The media is consumed about discussing inflation, but the cracks are starting to appear. Last month, inflation hit a 41-year high of 8.5%, but the Fed pays more attention to the...
MARCH’S VALIANT EFFORT COMES UP SHORT Market turbulence hit a fever pitch in the first quarter of 2022 as volatility reached levels not seen since 2020. The S&P 500 was down 8% through February as inflation concerns became (partially) overshadowed by Russia’s...
BIPARTISANSHIP CAN AND DOES EXIST – SECURE 2.0 Just when you thought bipartisanship died in Washington, D.C., the House fooled us by overwhelmingly passing the “Securing a Strong Retirement Act of 2022” (also known as SECURE 2.0) by a vote of 414–5. What were those...
MEDICARE PREMIUMS ARE ON THE RISE For most of us on Social Security, Medicare premium payments for Part B (doctors and other non-hospital related services) and Part D (drugs) are deducted from our monthly Social Security check. Therefore, many folks do not realize the...
PUTTING INFLATION INTO PERSPECTIVE Two weeks ago, we mentioned that we thought inflation was the biggest potential problem for the economy and the market. First, it is an issue no one can deny has lasted longer and grown higher than expected only six months ago....
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