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Newton’s Law of Economics: The Power of Sentimental Investors

Newton’s Third Law of Motion (for every action there is an equal and opposite reaction) may well apply to the correlation between investments and investor sentiment.   For example, the nation’s largest bank, JPMorgan Chase, recently announced that instead of […]

Financial Infidelity

Are you cheating on your spouse? Financial infidelity is another way of saying you spend household money without telling your other half about it. It happens all the time. In fact, according to a new survey by The American Institute […]

Puttering

We’ve been waiting so long for good news that we are expecting one day, one report or one leading indicator to come out that will announce: “It’s over! Prosperity is here! Go out and buy a home and ask your […]

Moms, Work, and Money

The role of moms in American culture has received more attention lately after a CNN interview in which Democratic strategist Hilary Rosen said that First Lady candidate Ann Romney (mother of five) “never worked a day in her life.” The […]

Spending Behavior

A college graduate who recently got his first “real” job received this bit of financial advice from his mom: “Don’t spend your money on things; spend it on making memories.”   The gist of this advice stems from what people […]

Are Aging Boomers Our Economic Lifeline?

Here’s a statistic that might take you for surprise: For every three older workers, a vacancy for a young person opens up due to the economic wealth older people create.1 That’s the word from Dr. Alexandre Kalache, an expert on […]

Headlines, Shmedlines

This headline recently caught my eye, “George Bush Sr. Rocks Purple Socks and Quotes Kenny Rogers in His Endorsement for Romney.” The brief article led me to a video at YouTube (linked below) of former senior President Bush’s recent endorsement […]

A Kinder, Gentler America

We’ve been through some tough years and many folks are still struggling. While recently we’ve seen signs of economic improvement and a decrease in unemployment, increased gas prices and little movement in home real estate values may still be weighing […]

What Inflation Feels Like

If you exclude gas prices, recent data from the Labor Department reveal that inflation isn’t exactly taking off. In fact, food prices were unchanged for the first time in 19 months. The Labor Department reported that the Consumer Price Index […]

The Scoop on Rising Oil Prices

Fidelity Investments is taking a positive view of the recent rise in oil prices – saying it’s due to the economic recovery. In recent years, soaring gas prices have often been blamed on rising military conflict in oil-rich nations in […]