To The Moon

Powell says economy 'a ways off' from bond taper.BofA slips as low interest rates hurt lending business.July 14 - The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.Of the 11 S&P 500 sector indexes, utilities and consumer staples were among the strongest, while energy sank over 3%.U.S. monetary policy will offer "powerful support" to the econ

There’s never been a generationas influential, for good or ill,as today’s Baby Boomers.So our mass retirement over the next decade should, in theory, be a big deal.One scenario has us selling our stocks and either spending the proceeds or moving them into less risky assets like bonds and cash.This reverses the past few decades’ upward pressure on stock prices and sends them down hard. At the same time, we downsize our living arrangements, swapping multi-story McMansions for smaller one-story hom