You, Inc.: Treat Your Personal Finances Like a Business

Americans love slogans. In 1928, the Republican Party distributed a circular claiming a Herbert Hoover presidency would result in “a chicken for every pot”. Bounty paper towels have been “The Quicker Picker Upper” for decades. A sea of red baseball caps emblazoned with “Make America Great Again” flooded Trump rallies during the 2016 presidential race. The […]

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Interest Rates and the Economy: Real Yields Have Curves

Can the yield curve predict the future of the economy? The short answer to the title question is yes. The long answer ends with a resounding maybe. If economics were simple, Ben Stein wouldn’t be a nerd’s paragon of mathematical virtue, a former game show host and this guy: The yield curve is a representation of interest […]

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