If you’ve been holding your breath for another cut in interest rates, it’s probably time to let go. For five long years now, the Federal Reserve has been waiting for inflation to drop below its target of 2% – only to be continually disappointed. The Fed’s easy money policy in response to the Covid pandemic sparked a huge surge in consumer prices. Then, just as inflation was beginning to ease, Russia invaded Ukraine. Last year brought President Trump’s global tariffs. Now the

The crisis-of-the-moment – unless of course it’s changed again since I wrote this sentence  – is oil. The Iran war is causing a major disruption in the flow of oil around the world, driving up the price of crude, gasoline, and jet fuel. In the best case, we can expect a lot more uncertainty until the conflict gets resolved – and let’s not forget that the U.S. is much less vulnerable to oil shortages today thanks to increased domestic production and technology. But until thing

The U.S. has attacked Iran and Venezuela this year. Would it be smart to invest in oil companies? The tariffs aren’t going away. Is it time to switch to international stocks? No one knows what will happen in the November elections. Should I sell everything now and just wait it out? There’s nothing like scary headlines to make you second-guess your investment strategy. There’s also nothing wrong with being concerned – even afraid – of what’s going on the world these days. What

As with nearly every issue of Wealth and Wisdom,  we begin with hot financial topics that are making news and transition into items designed to help you in the long run – or in some cases just make you feel better. There is plenty in today’s headlines to make you nervous. And when you think about it, I suppose there always is. But the less time you give to current events – once you scan them – the more time you’ll have to focus on the things that matter most in the long run.