The biggest reason for double-digit interest rates on credit cards.
The Air Conditioning Effect
Of all amazing leaps forward in household technologies in the early-to-mid-1900s — automobiles, radios, televisions, refrigerators, washer/dryer, dishwasher, etc. — the most underrated might be air conditioning. I have been thankful for air conditioning every humid Michigan summer day of my life. I can’t imagine how people ever lived without it. Using cold as a…
How Rare is a Double Dip Recession?
A look back at the history of double-dip recessions.
Talk Your Book: Advisor Solutions with Helios
Michael and Ben speak with Helios CEO Chris Shuba about outsourced financial advisor solutions.
As Old as the Hills
A look back at the 1920s Florida real estate bubble.
When Should You Sell Your Stocks?
5 reasons for selling out of the stock market.
Animal Spirits: The Opposite of a Falling Knife
Michael and Ben discuss Dave Portnoy’s army of daytraders, Hertz, Robinhood and more.
How Will Private Equity Work in 401ks?
Some thoughts on the Department of Labor’s new rules for allowing private equity into 401k plans.
Why the Market is So Confused Right Now
According to the National Bureau of Economic Research, the U.S. economy peaked in February and officially entered a recession in March. This is a newsflash to exactly zero people. When the pandemic hit and the economy was put in the freezer, it was immediately obvious the longest economic expansion in this country’s history came to…
Is This The Most Volatile Year Ever?
A look back at the most volatile years in stock market history.