A final data point for June inflation was issued this morning. The important chart below is the one for Personal Consumption Expenditures, a measure the Fed favors. June was at a rate of equal to 2% annual inflation; this is lower than in the recent
We saved for retirement to have money for the basics in life and to have money to enjoy life. This post discusses how much Social Security (SS) provides for a happy retirement. We retirees understand. SS benefits alone won’t cut it. We like those reliable
I read three articles this week saying that we had really good news on inflation. See here, here, here. The market seemed to like this news the past several days. I updated a few of my charts that track inflation. My chart
Yes, we are in a bull market. The start of a bull market is generally defined as the point when the market is 20% higher than the previous low. Our previous low was mid-October 2002. We passed 20% higher some day in June. As of