There is a raging debate regarding the dominating role that AI is playing in the stock market. One side urges extreme caution believing we are in a classic bubble. This position is based on incredible returns, high valuations, soaring investor sentiment, and signs...
I’m hard pressed to recall a period when one theme dominated conversation to the extent that AI currently represents the global obsession. AI company CEOs argue for guardrails while the President calls concerns regarding this technology a hoax. Speaker of the House Mike...
Do you remember the housing frenzy in 2021 and 2022 when people were making cash offers for homes without inspections or contingencies, and in some cases, sight unseen? Since the onset of Covid-19, home prices have risen 58% with the median existing home...
Why has the stock market been so strong in recent years? One answer is that Corporate America has never been so profitable. The following graph depicts corporate profit margins since 1947, and you will note that the current reading of 13.2% is 80%...
Zillow recently published several interesting articles that provide valuable perspective on the age-old question of the wisdom of buying a home versus renting. Of course, there are lifestyle and psychic benefits to home ownership, but it turns out that the question of whether...
Retirement at 65 was never based on biology or a scientific determination that people become “old” at that age. Instead, it gradually became institutionalized through government programs such as Social Security and Medicare. The median retirement age is currently 62, but a clearer...
