Monthly Archives April 2018

Riding the Rockies, Trading Update, April 25, 2018

I’ve been spending a significant amount of time over the past several weeks pondering the following: Which of the two interest rate scenarios do I think are most likely to play out over the coming months: A ‘benign’ Federal Reserve with gradually rising interest rates along the curve over an extended period?  A ‘slow walk’ higher in a leisurely, controlled fashion? Interest rates rising gradually on the short end of the yield curve and long term rates remaining stable resulting in a flattening of the yield curve. A rapid rise in the yield curve with long rates moving higher as
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May and June are big wedding months. Is the price tag too high?

How can you plan a wonderful celebration for the most important day in a couple’s life—without overspending? It used to be that parents paid for a daughter’s wedding as a matter of course. But for better or worse—or richer or poorer—families and cultural norms have changed. Maybe that’s partly due to the high price tag for a ceremony with all the trimmings; now couples often pay for their wedding themselves while other family members chip in. It’s no surprise that weddings aren’t cheap, but they’ve gotten exorbitantly expensive in the last couple of decades. In fact, the average cost of
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