Since the advent of the Great Financial Crisis in 2008, catalyzed by successive rounds of quantitative easing and ever more stimulative monetary policy from the Federal Reserve, we have found ourselves in an environment of extremely low interest rates. In this environment, fixed-income investors and savers seeking stable income streams have been punished, receiving ever [...]
Spend any time working in the kitchen of a restaurant and you will think of restaurants very differently going forward. Following a short experience in a restaurant kitchen during college, I’ve never once sent a meal back for being undercooked, overcooked, or even the entirely wrong order. Use your imagination and we can just leave [...]
Last Friday here in Atlanta, local businesses closed, restaurants shut their doors by late afternoon, school activities were cancelled, and the Atlanta metro region went under a State of Emergency in anticipation of a debilitating storm. Meteorologists unanimously predicted 2-5 inches of snowfall later that evening – an obviously dire amount of snowfall by southern [...]
Buckle up, America. Higher interest rates are coming. Forget that we have collectively observed this erroneous warning a dozen times or so over the past decade. We also had 13 Triple Crown attempts since Affirmed in 1978 and consider what happened recently to that lengthy streak of failed expectations. For the first time since June 2006, [...]
Much has been said or written over the past decade about the future direction of interest rates. Nearly everyone has an opinion on the subject including professional investment managers, CNBC correspondents, your golfing partner, and the person who cuts your hair. We like to make investment and financial planning decisions based on what is known [...]
