How and when to retire may be the most complicated financial decision that most of will have to face. There are a number of variables, many of which require estimates that are subject to unexpected future events. Perhaps the most difficult factors include, estimating your (and a partner’s) life expectancy, inflation and investment returns over […]
Read MoreScarcity and shortage are not synonyms. Scarcity is the simple concept that, while some resources may be limited, supply equals demand. Shortage, on the other hand, occurs when markets are out of equilibrium and demand exceeds supply. Investors should understand the differences between scarcity and shortages before making a portfolio decision. Just because a product […]
Read MoreWikipedia defines work-to-rule as an industrial action in which employees do no more than the minimum required by the rules of their contract, and precisely follow all safety or other regulations, which may cause a slowdown and/ or a decrease in productivity. Such action is considered to be less disruptive than a strike or lockout, […]
Read MoreNow that we are in the midst of the normal turmoil leading to the quadrennial presidential elections, it is important to remember that elections do have consequences and that we should all take the time to understand the issues before casting our ballots. Investors should also be diligent in reviewing and voting proxies. For the […]
Read MoreFor the last several years, there has been an increase in the political rhetoric relative to wages, and more specifically, the national minimum wage of $7.25 per hour, which was last changed in 2008. However, there has been some movement by state and municipal governments to establish local minimum wage rates at levels well above […]
Read MoreWe have previously discussed the importance of labor-force participation (see blogs from 09 Jan 2018 , 16 Mar 2018 and 18 May 2018 ). Recent data suggests that the labor-force participation rate has started to improve, probably thanks to a strong economy and significant increases in the de facto minimum wage, to approximately $15 per […]
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