Economy

Even Mark Zuckerberg Must Learn- Sometimes Classic Still Rules

Even Mark Zuckerberg Must Learn- Sometimes Classic Still Rules

By Allen G. Yee I reflect back to the past and often think, for better or for worse, our society has become increasingly more informal as time goes on.  Many aspects just don’t seem to have that “old school” feel anymore.  And yet that always isn’t always a bad thing.  For example, if you’ve ever [...]

The Question Mark That Is Social Security

The Question Mark That Is Social Security

By Allen G. Yee   One year later, but Social Security will be bankrupt 3 years sooner. The concept of social insurance was written into Article 22 of the Universal Declaration of Human Rights which states that Everyone, as a member of society, has the right to social security and is entitled to realization, through [...]

Time and Perspective- A Year After bin Laden’s Death

Time and Perspective- A Year After bin Laden’s Death

By Allen G. Yee It never ceases to amaze me how quickly time passes by.  A quick wink and Christmas is here, another nod and Tax season is over (thank goodness).  From the small happenings (like I can’t believe American Idol has already been around for 11 seasons), to the big milestones like my son’s [...]

Between The Lines (Week of 4/23/12)

Between The Lines (Week of 4/23/12)

Watch Out! Is the Fed Pushing Us into Another Bubble?Sheila Bair, former chair of the Federal Deposit Insurance Corporation, argues in the attached Fortune article that “it’s time for policy makers to loosen their grip on interest rates.” While the Fed’s low interest policy has kept Treasury bond prices high and spurred stock market gains, [...]

Between the Lines

Between the Lines

Home Prices Seen Dropping 10% in U.S. on Foreclosures In recent commentaries, we have discussed the growing evidence of stabilization in the housing market driven by lower inventory levels and an uptick in building permits. This article from Bloomberg discusses a potential headwind facing the burgeoning housing recovery as a large supply of distressed homes [...]

Economic Update (April 2, 2012)

Economic Update (April 2, 2012)

Quote of the week. “He who lives by the crystal ball soon learns to eat ground glass.” –Edgar Fiedler Weekly Tip. At a 4% rate of inflation, expenses will double every 18 years. That’s a pretty good argument for growth investing in retirement. HIGH GAS PRICES DON’T DENT PERSONAL SPENDING Consumer spending increased by 0.8% [...]