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It was a Bank Run

In his book “Unintended Consequences” Edward Conard1 not only supports the benefits of income and wealth inequality (as described in a previous post (August 7, 2012)), both as an indicator of past successful ventures and […]

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Time Diversification and Human Capital

A financial planning rule of thumb that you often hear is that the percentage allocation to safe assets (cash or bonds) should increase with age, and accordingly the percentage allocation to the risky asset (equities) […]

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The U.S. August Jobs Report

The labor department released their monthly jobs report. Today’s release is a report on the employment situation in August. Payroll jobs rose by 96 thousand jobs, driven by private sector job growth of 103 thousand […]

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