Monthly Archives: August 2010

Is It Really Getting Dark Out?

Running Away From The MarketOk, I ‘m sure your first thought might be that it has something to do with the fact that daylight savings time is taking a turn. I know that each morning I get up and start my routine which is riding my exercise bike and listening to various news reports. With a quick check of the weather, I have been noticing the indicator telling me when sunset will be for the day that it will be getting darker earlier. I hate to see that as I… Continue reading

Financial Planning Through The Generations

3 GenerationsI spent the July 4th holiday in my home in Tennessee, surrounded by my Southern friends and more BBQ and ribs that you could eat! Each time I go “home” it gives me the opportunity to catch up on my neighbors and friends, see what the kids in the neighborhood are up to, and reacquaint myself with those that have become very near and dear to Elizabeth and I.

Evenings are much quieter than here, up North. The gathering place is usually my next door… Continue reading

The Ongoing Saga Of The Social Security System

Timothy GeithnerIn an announcement during a press conference on Aug 9th, Secretary Timothy Geithner said that Social Security benefit payments are expected to “exceed tax revenue for the first time this year, six years earlier than was projected last year.” He went on to say that “it is projected that tax and interest income will be sufficient to pay benefits through 2024, after which the Trust Fund will be drawn down until depleted in 2037, the same date of Trust Fund exhaustion projected last year. After 2037, it is expected… Continue reading

The Job Reports Certainly Can Move the Markets

Jobs OfferedIf there is one economic report that makes the most dramatic impact on the investment markets it is the employment situation. No different than any other month is the anticipation that Wall Street maintains for the jobs report due out tomorrow, August 6, at the time of this writing. It appears to be taking on even greater significance this month, which reports on July data, as it becomes maybe the most crucial factor as to the underlying health of the economy at a time when there is so much disagreement… Continue reading

It’s Just So Frustrating

Economic and Financial Frustration, Where is it going?Back on June 16 I wrote an article suggesting how I never enjoyed riding the roller coast at the amusement parks and my analogy was to the wild ups and downs of the stock market. Today (July 29, 2010) was another reminder of just why I wrote that article. The opening bell sounds and based on some released corporate earnings reports it proceeds to go up during the morning by 86 points. Then, based on some deflationary comments by… Continue reading