The Value of Pensions

The Value of Pensions

Amid a pandemic, a recession, and an upcoming election, changes to pension rules are easy to miss. However, the US Department of Labor’s rule change[i] proposed last Tuesday, June 23, would profoundly complicate the already challenging task of effectively...

Why Invest?

The past week, investors bought up millions of shares of Hertz, a bankrupt rental car company that’s stock is essentially worthless.[i] And so many investors piled into wanna-be electric vehicle maker, Nikola, that its market value briefly matched that of Ford...

A Broken Heart

This has been a hard week for America. Forget COVID for a moment, and the economic devastation it has wrought on so many. Let us take a break from discussing stimulus and markets, interest rates and debt. Something far more basic must be addressed. This week has...