Why Passive Management Wins Again
In the early 20th century, professional baseball players batted over .400 four times in a 20-year span. Since Ted Williams’ magical 1941 season, no professional baseball player has batted .400. Although the aggregate professional batting average has remained stable at around .250, the variability of batting averages has declined as all players have become more skilled. We can apply the same lesson to investing.
READ MOREEmpowering Survivors of Abuse with Financial Tools
Local bankers recently stepped up to provide survivors of domestic and sexual violence with the tools to handle their own finances. It added up to a meaningful experience, not just for the women, but for volunteers as well.
READ MOREHigh Butter Prices, Melting
If you’ve been to the grocery store recently, you’ve probably noticed that butter and dairy prices had been trending higher until recently. The big drop in butter prices in March is an interesting part of the story of the changing cost of living.
READ MOREOlder Workers, Happier in New Careers
Older workers aren’t just finding new jobs – they’re finding new career paths, and with it, happiness and less stress, according to AIER’s new report, “New Careers for Older Workers.”
READ MOREDefying Expectations, Older Workers Find New Careers
Most older workers who sought career changes were successful, especially when they were able to use skills from their old careers, according to a new study released today by the American Institute for Economic Research. That study was profiled prominently in Money Magazine today.
READ MOREAARP’s Look at Older Workers and Jobs
As we get ready to release the AIER older workers study tomorrow, let’s shine the light on another study on a related subject that came out last month. Our friends at the AARP Public Policy Institute surveyed 2,492 people ages 45-70 who were unemployed at some point in the last five years
READ MOREUnderstanding Cheap Oil
Here’s an interesting take on the oil price crash in The Wall Street Journal, showing how things have changed, in seven charts. In the last year, the price of a barrel of crude oil has fallen to nearly half the price that it was.
READ MOREThe Fluctuating Prices of Bacon and Mountain Dew
In November, Steve Estelle’s Financial Algebra class embarked on a creative project designed to teach his students a lesson in price fluctuations, with a little help from the American Institute for Economic Research. When the project started the expectation was that there would not be a lot of price changes in Great Barrington stores during a ten week time span. When we returned to Mr. Estelle’s Monument Mountain High School class in March, we were surprised by the outcome.
READ MOREFed Panel Wants Flexibility in Raising Rates
The Federal Open Market Committee March meeting minutes released on Wednesday highlight several changes compared with the previous meeting in January, which are worth noting. All in all, the FOMC is on track to start raising interest rates. Even though the timing of the first rate rise is not decided, the policy tools and strategies are getting clearer.
READ MOREFor Summer Beach Reading, China’s Economy
Here’s an interesting story in Fortune listing 10 must-read books about the world’s second-largest economy, China.
READ MOREJob Openings Increase While Quits Fall
Americans had been quitting their jobs at a quickening pace in January, but in the snows of February, that momentum stalled, according to data out this morning from the Bureau of Labor Statistics.
READ MOREWhere Millennials Go After College, and Why
This spring, the American Institute for Economic Research will release our Employment Destinations Index, ranking American metro areas on their attractiveness to college graduates who are between the ages of 22-35.
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