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Fighting inflation takes action that is both decisive and intelligent. Above all, it takes resolve, because the policy measures that are necessary to beat inflation are rarely popular.
A couple of years ago, Congress passed a law called the“ Setting Every Community Up for Retirement Enhancement” Act. It is an awkward name, selected with some malice aforethought, to fit the acronym the bill sponsors really wanted— the SECURE Act. It passed both houses of Congress with nary a dissenting vote and was signed into law on Dec. 20, 2019.
A year ago, I wrote a column titled“ Confessions of a Bull Market Genius” in response to the stunning stock market rally of 2020. As you may recall“ bull market genius” refers to the fact that almost anyone can make money during a bull market. The rally started after massive intervention by the Federal Reserve and Congress in the early days of the pandemic.
FInancial Planning: When Bubbles Burst Monterey County Herald (CA) By Steven C. Merrell Q I have heard several people on television say that we are in a "bubble economy." They point to the stock market and things like bitcoin and housing prices and say they are "irrefutable evidence" that we are in a bubble. First of all, do you believe it? Second, if we are, what can I do to protect myself? A You ask the $5.4 trillion question. That's how much the federal government has authorized in stimulus spending since March of last year. To put that in perspective, the entire Federal spending on New De...
Deseret News Share this story The Church of Jesus Christ of Latter-day Saints For the first time, The Church of Jesus Christ of Latter-day Saints on Thursday used the leadership session of a general conference to announce new Area Seventies. Elder D. Todd Christofferson of the Quorum of the Twelve Apostles read the names of 77 new Area Seventies at the start of the leadership session of the 191st Annual General Conference at the Church Office Building in Salt Lake City, Utah. The new leaders represent 25 countries worldwide. President Russell M. Nelson led a sustaining vote during the meeting...