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$40 Trillion of Debt
SOME MILESTONES are auspicious. Others are not. This week, the Treasury announced that the federal government's debt had topped $40 trillion for the first time. Government debt is nothing new, but the problem is now of more concern, for two reasons. First
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Feeling TIPSy?
NOT TOO LONG ago, Treasury Inflation Protected Security (TIPS) was a relatively obscure investment for safe long-term fixed-income investments. For the first twenty years of the new century, consumer prices were mostly stable or rising at a too-slow-to-no
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The Intentional Spendthrift
My wife Suzie and I have been travelling around the Iberian peninsula for three weeks now, moving between hotels as we go. Last night, over a brandy nightcap, she asked whether the one in my hand was cheaper or pricier than the ones we'd had at our previo
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1,800 data breaches in the first six months of 2026
We all get notified on near regular basis on the compromised data but these numbers are staggering. Clark has some common sense advice on how best to play defense. https://clark.com/credit/data-breach-credit-freeze/?utm_source=Email&utm_medium=Newsletter&
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Here is the real problem with Social Security
In 2002 the Social Security Trustees explicitly called on Congress in their report summary to act sooner rather than later fixing SS funding They emphasized that taking early legislative action would allow changes to be phased in gradually and give worker
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