There’s a new kid in town: narrative economics. Last week, Richard Thaler was awarded the Nobel Prize in economics. His work in behavioral economics and finance recognizes not all economic and financial decisions are made after rational reflection. In Nudge, he wrote: “The workings of the human brain are more than a bit befuddling. How… Read More
The Markets The British may be leaving. The British may be leaving. Last week, the interest rate on 10-year U.S. Treasuries dropped to levels last seen in 2013. Why, you may ask, would bond yields move lower when Federal Reserve policy is to push interest rates higher? The answer can be found across the… Read More
AMJ Financial Wealth Management Weekly Market Commentary July 28, 2014 The Markets Anchors aweigh! Put thoughts of the Frank Sinatra and Gene Kelly movie aside. If the Naval Academy fight song is playing in your head, tune it out. The anchors being raised here are setting adrift perceptions that government bonds are always low risk… Read More
In this modern day and age I believe it’s simply irresponsible for women to take a backseat when it comes to dealing with their own finances. Although the stereotypical, dated model of men bringing home the bacon and women taking care of the home may (or may not have) worked for the cast of Mad… Read More
We have all heard of the “glass ceiling,” and in recent decades, society as a whole has worked toward shattering it. Though many will argue that the ceiling is still intact, there is no question that women continue to approach it, and many have been able to break through. Despite the focus on that effort,… Read More
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