The Dog Days of Late Summer

Friday, September 4th, 2015

Chances are these days that you’re sneaking a peak at the investment markets and probably more than once a day. They’ve certainly provided their share of excitement recently: down 4% one day, up more than 2% the next day or two. Analysts are scrambling to explain why one day the markets are down sharply, and […] More ›

Bear in the China Shop

Tuesday, August 4th, 2015

China’s stock market appears to be back in free-fall, despite the Chinese government’s efforts to control stock prices and stem the panic. The chief culprit appears to be leverage: investors last year and in the first half of this year borrowed billions in order to buy stocks on margin, offering little or no collateral except […] More ›

Confusion about Reverse Mortgages

Friday, July 31st, 2015

In a study on reverse mortgage advertisements, the Consumer Financial Protection Bureau found that many participants are confused about the products.  The agency says consumers don’t understand that reverse mortgages are loans and they believe falsely that the loans are a government benefit.  The agency issued an advisory on how these loans work. Don’t be […] More ›