That is called a fallacy of composition, where rational actions at an individual level become dangerous and destructive in ...

Extreme mood swings are characteristic of a psychiatric condition called bipolar disorder. Patients can cycle between euphoria and depression. This is difficult because we all need balance to live ...

It’s something that happens automatically and we can usually just ignore. That’s not always the case and can cost you a ...

Let’s start with an important chart courtesy of Charlie Bilello—Chief Market Strategist at Creative Planning... It’s a clear reminder why you can’t rely on savings to build wealth. You need to invest.

This site uses third-party website tracking technologies to provide and continually improve our services, and to display advertisements according to users' interests. I agree and may revoke or change ...

I often describe debt as “future spending pulled forward in time.” It can be good if you’re using the debt productively. All too often, people don’t. Nor do governments. Note I said “governments” in ...

Preface: I don’t think it’s just me. We are all getting overwhelmed with information and seemingly important news. What will the Fed do? Is Trump going to invade Venezuela? What about Israel? Ukraine?

The Mariner S. Eccles Federal Reserve Board Building, completed in 1937, faces Washington’s stately Constitution Avenue. Its classical architecture presents an appearance of strength and stability.

In the last few years, we who remember the 1970’s inflation got to watch new generations learn how it feels. They haven’t enjoyed it, to say the least. I’d like to reassure them the worst is behind us ...