By Professor Rick Ulivi, Ph.D. “I just don’t want to run out of money in my retirement!” In my more than 30 years as a financial advisor, I have heard this – or some version of it – from client after client. It’s understandable. After all, who looks forward to a retirement that depletes a

The stock market has been wobbly lately, up 100 points one day, down the same the next day. What’s going on? It’s the expected future direction of interest rates that’s spooking the market. After all, it’s the direction that matters, not their overall level. Given that the market seems to believe that rates will soon

By now you should be convinced that the direction of interest rates is the key to the future of stock, bond and real estate prices. But what can you use to predict future movements in interest rates? First, a disclaimer. Nobody can consistently and accurately predict interest rates and that includes me. But, given that

Many of us are bewildered by the appreciation of the stock market, because the overall economy does not seem to be doing that well.  The great exceptions are real estate and car sales, but that’s mainly due to record low interest rates. As we witness the market going up and up, the obvious question is:

Currently, interest rates are extremely low, and we know that they are being kept artificially low by the policies implemented by the Federal Reserve. In fact, the Fed is subsidizing the cost of money, or put in another way, the Fed has started a welfare program that benefits those with the need to borrow money.