Equal, Yet Separate

3 September
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The U.S. Declaration of Independence declares that all men are created equal and endowed with certain unalienable rights – such as life, liberty and the pursuit of happiness.  However, new research from Stanford indicates the pursuit of happiness is increasingly aligned with affordability.  The study asserts that America’s cities are becoming more divided into two distinct groups, with college-educated workers clustered in more desirable locales that less-educated people cannot afford. The paper reports that the economic divide between high-skill workers...

Failure to Launch…a Materialistic Generation

27 August
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Young adults have had a relatively tough time over the past four or five years.  Entry-level jobs have been scant for the onslaught of recent college graduates, many of whom have taken menial jobs to make ends meet until a “real job” comes their way. According to Pew Research, in 2012 only one-third of engineering majors got work as engineers, and only 26 percent of physical sciences majors worked in any science, technology, engineering or math occupation. (CLICK HERE to...

More or Less

20 August
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Sometimes it feels like there’s just more to do these days.  Our houses are bigger and our toys more sophisticated, so there’s more to maintain.  On the other hand, we can buy prepackaged salads and don’t have to shell peas anymore.  Our cars don’t need oil changes nearly as often, and our ovens self-clean.  But between checking emails, returning calls, running errands, carpooling children and being on-call for work and family issues 24/7, it’s important to take time out to...

Lessons We Can Learn from Youthful Transgressions

13 August
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These days it seems that few people from age ten to 20 can be seen without a cell phone in hand.  Now that school is out, parents complain of adolescent boys spending the summer playing video games, while girls are having full-on tête-à-têtes in 160-character text messages.  One positive way to look at it is that adolescents can have virtual playdates without tracking dirt throughout the house and pilfering the fridge, not to mention learning the art of give and take...

Fed Dovetail

6 August
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In consideration of the current labor force participation rate and the fact that many discouraged workers may re-enter the job market, Scott Minerd – Global CIO at Guggenheim Partners – recently predicted the Federal Open Market Committee (FOMC) won’t increase interest rates until as late as early 2016. (CLICK HERE to view the video, “U.S. Monetary Policy and Fixed-Income Outlook,” by Guggenheim Partners, April 28, 2014.) (CLICK HERE to read the article, “A New Secular Bull Market?” from Fidelity, June...