2025

I got a call from a long-time client asking if they could come to my office on Friday. They said it would be a short meeting and asked if they could bring someone with them. I agreed, of course, and…

This past week’s news presented some interesting facts about the state of our labor market. First, last Friday, the August jobs report was released, showing that only 22,000 new jobs were added.  Economists were expecting new jobs in the range…

At the US Open, amidst the roar of the crowd, a positive economic story is being told. It’s in the sale of the “Honey Deuce,” the tournament’s signature cocktail, priced at a notable $23. The drink’s immense popularity, with over…

In our line of work, continuing to learn is essential. There are many ways to learn new things. You can set about the task directly, or you can take a more passive approach and see what you can glean from…

The penny has long been a quiet fixture in American life—a copper sparkle caught between couch cushions, a lucky find on the sidewalk, the face of Lady Liberty originally, and later Abraham Lincoln, passed from one hand to another for…

Returning from the UK, I was struck by a headline in a British news magazine, The Spectator, that read, “Rachel Reeves couldn’t be prouder of crippling the economy.” While provocative, the sentiment echoed conversations I have had with family and…

A new University of Texas at Austin study reveals that sophisticated cryptocurrency scams, known as “pig butchering,” have stolen an estimated $75 billion from victims globally between January 2020 to February 2024, an amount far higher than previously thought. Increasingly,…

On the eastern shores of the Baltic Sea lie the three small countries of Estonia, Latvia, and Lithuania. These Baltic States have much to teach anyone who doubts the foundations upon which our nation is built. For centuries, neighboring empires…

Cash management in a high-rate environment has become a performance battleground, and recently, new products have been created to help investors maximize their returns on cash reserves. Vanguard’s recent introduction of two new short-term Treasury ETFs, VBIL and VGUS, exemplifies…

Hartsfield-Jackson Atlanta International Airport has been the busiest airport in the world for over two decades —and 2024 was no exception. According to a report published by Airports Council International World, Delta’s headquarters and largest hub saw over 108 million…