Understanding the Flexibility of ISAs

Individual Savings Accounts

Individual Savings Accounts (ISAs) have become a cornerstone of financial planning in the UK, offering tax-free interest and a secure way to save or invest money. While ISAs are a UK-specific financial product, their principles of tax-efficient saving and investing can be universally applied. This makes them relevant even for a U.S. audience, who may […]

Fed Unfazed by Recent Rise in Treasury Yields

Federal Reserve

More than a few people have been caught up in the rise in treasury yields portending inflation. Fortunately, the Federal Reserve aren’t so easily fooled, and prefer facts over misunderstanding. It’s hard to overestimate how deep the confusion runs when it comes to understanding how bond markets work, but fortunately for us, it doesn’t quite […]

A Crisis is Coming as Mental Disease Continues to Explode

Mental Disease

When it comes to providing care for the sick, we have had the luxury of mostly ignoring the economic issues involved. We won’t have this luxury for much longer. When people think of mental disease, they usually think of those suffering from conditions we call psychotic disorders such as schizophrenia or bipolar disorder, although this […]

How Will Reversing Trump Policies Affect the Labor Market?

Labor Market

The cult of Make America Great Again has now been defeated. How will the Biden administration’s efforts to reverse course affect the U.S. labor market? The people have spoken as they say, although in this particular case, serious doubts remain about the legitimacy of last November’s presidential election, one that a great many Americans are […]

Biden Fires First Salvos in War Against Fossil Fuels

Joe Biden

New president Joe Biden didn’t waste any time attacking the fossil fuel industry. We at least deserve a proper accounting of how these attacks are supposed to help us. As soon as Joe Biden first sat down at his new office in the White House, he already had several executive orders sitting on the desk, […]

Biden Presidency Conjures Up Fiscal Nightmare

Joe Biden

No matter what party you support, no matter how ignorant you choose to be about exploding our national debt, the consequences of this bites everyone just as hard. As if 2020, the biggest fiscal devastation we have ever dealt with in a single year in history, wasn’t bad enough, get ready for more in 2021. […]

New York’s Empire Continues to Crumble

New York

New York might have deserved their self-appointed title of being the empire state in bygone days, but the empire is falling before our eyes as politicians continue to play their fiddles. New York has been the capital of the United States as far as wealth goes for a very long time, and even though, like […]

Fed Has No Plans of Backing Off Support Anytime Soon

Federal Reserve

Some were afraid that the recovery that will come when COVID goes away would cause the Federal Reserve to back up their mega support of the economy. Not anytime soon. It wasn’t that long ago when the big potential issue with the Federal Reserve during its Federal Open Market Committee meetings was its changing its […]

Former Fed Chair Yellin Named New Treasury Secretary

Janet Yellin Named New Treasury Secretary

One of the real fears of a Biden presidency is who he might appoint as Secretary of the Treasury. Janet Yellin is at least a more palatable option than someone like Elizabeth Warren. To go along with the country’s first female Vice President, President-elect Joe Biden has also broken the gender barrier with his selection […]