Personal Finance

Posted: Saturday, October 27, 2018
Conventional wisdom holds that interest rates are destined to rise significantly over the next couple of years. When the 10-year Treasury yield surged two weeks ago, stock investors stampeded toward the exits, driving the major indices lower and reflecting concern that the ineluctable ascent of...
Filed Under: Personal Finance
Posted: Wednesday, October 17, 2018
Social Security recipients look forward to October with interest, for this is the time of year during which they find out how much of a benefit increase they will enjoy in the year ahead. Last Thursday, the Social Security Administration announced a 2.8 percent hike for 2019, the largest increase...
Filed Under: Personal Finance
Posted: Wednesday, September 19, 2018
Last week, the U.S. Census Bureau released its annual report on income and poverty in America. The news was good: real median household income for 2017 rose by 1.8 percent over the previous year, exceeding $61,000 for the first time. In metropolitan Chattanooga, the Census Bureau said Tuesday the...
Filed Under: Personal Finance
Posted: Wednesday, March 07, 2018
A welder fabricates a steel structure at an iron works facility in Ottawa, Ontario, Monday, March 5, 2018. President Donald Trump insisted Monday that he's "not backing down" on his plan to impose stiff tariffs on imported steel and aluminum. Trump said that Canada and Mexico would not get any...
Filed Under: Personal Finance
Posted: Thursday, March 01, 2018
Last week we looked at how inflation is measured. This week, we discuss why it is so important to remain vigilant to the threat it poses if left unchecked. We previously defined inflation as the rate at which the general level of prices in the economy rises over time, or the rate of decline in the...
Filed Under: Personal Finance
Posted: Wednesday, February 21, 2018
This allows us to compare real (ex-inflation) economic activity across time periods by filtering out the distortion of inflation. Next week: why inflation matters and tools to manage it. Christopher A. Hopkins, CFA, is a vice president and portfolio manager for Barnett & Co. Investment Advisors...
Filed Under: Personal Finance