Major Strategy Change

Growth is Accelerating The federal government is attempting to stimulate growth as much as it can by massive spending, pushing debt to a level relative to the size of the economy that surpasses even WWII. I think you know how I feel about that. This is not WWIII, not...

The Non-COVID Blowout Bill

The WSJ main op-ed, one of the best things you can read on a regular basis, called out the House today on how much of the pending $1.9 trillion COVID relief package has nothing to do with COVID. How much? At least $1.1 trillion, maybe as much as $1.5 trillion if you...

401(k) Low Risk Choices – What Now?

OK, plan fiduciaries, now that U.S. Treasury yields average 1% on the 10-year note, what are you going to provide for employees in the way of low risk investment options? More to the point, what are your older participants supposed to do to protect their retirement...