The rise and fall of the reflation trade

There was a lot of discussion about reflation the past few weeks as hedge funds and investors jockeyed to position themselves. This is not a new trade idea, as it was popular back in 2009, but inflation is always an important topic. What is reflation? Simply put, the central bank or government tries to stimulate […]

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Are suburban malls in trouble?

There were several online sales this past weekend and I treated myself to a new pair of running shoes. I try to replace my shoes after 300 miles or so.  When I first moved to New York about 10 years ago I went to a small local running shop and spent over $120 on a […]

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How to set a budget: The 1/3 rule

It is hard to know exactly what you can or cannot afford before setting a budget. A budget will help manage your expenses to ensure enough money is left over each month to reach financial independence. The average US Savings rate is about 5%. At that rate it, would take someone without any savings about […]

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