Moving from “ex ante” to “ex post” In the annual end of summer economic policy symposium sponsored by the Federal Reserve Bank of Kansas City (virtual for 2020), the theme this year was “Navigating the Decade Ahead: Implications for Monetary Policy.” Chair Powell of...
This global pandemic is not a Black Swan event – an unpredictable event that is beyond what is normally expected of a situation and has potentially significant rewards or consequences. COVID-19, like SARS, MERS, Ebola and other viruses before, is quite a...
The recent roller coaster ride with the Tesla stock reminds us all about the need for diversification. Depending on when you invested in the stock, the week of excitement and elation (greed) turned quickly into disappointment and disbelief (fear). Read the CNBC...
The SECURE Act brings safe harbor for Plan fiduciaries to include annuities as an invest and pay out option under a DC plan for the first time. This is a much needed option for those workers seeking a degree of certainty and guarantee in retirement income. Through...