On Wednesday, July 31, the Federal Reserve lowered the discount rate charged to financial institutions by 25 basis points (0.25%) making this the first rate cut in eighteen months. On Thursday, President Trump announced the intent to impose a 10% […]
As with almost every complex design, there is just one thing that can either enable its brilliance or instantly cease its functionality entirely. For instance, an intricately designed mainframe computer with billions of programmed lines of code and exclusive hardware […]
One winter night during one of the many German air raids on Moscow during WWII, a distinguished Soviet professor of statistics showed up in his local air-raid shelter. He had never appeared there before. ‘There are seven million people in […]
The most challenging aspect of investing is matching one’s expectations with actual performance. With a standard hope to earn the long-term market average, diversified investors are in for a big surprise. Since 1927, the S&P 500 index has averaged a […]
Of the many innovations that are changing how we interact with technology, IFTTT is leading the charge in its collaboration with the IoT (Internet of Things). IFTTT, otherwise known as If This Then That is a free service that allows super nerds like […]
What do you get when the S&P500 follows up a record-breaking 404 days without a 5% pullback with the fastest 10% pullback of all-time? Punchline: an onslaught of talking points from the financial media. One thing is for sure; they […]
Preface: Opening lines are supposed to be the most captivating of them all. As a reformed journalism major, the amount of pressure I place on an opening line is comparable to an all or none mindset. If it’s not incredible, […]
