A few years ago, we migrated email from an "on-premises" Exchange server to Microsoft's cloud email service, Exchange Online (part of their Microsoft 365 suite of SaaS applications, formerly called Office 365). In other words, we decided to stop hosting our email on a single server located in a closet
"The Fed controls short-term rates. The free market controls long-term rates. If the free market decides rates should be higher, they will go higher."
This is something I've said often since 2008. Most people believe the Fed can do whatever they want with interest rates. That is simply not true.
It's been exactly a year since investors woke up to the possibility that COVID19 could disrupt the "rocket ship" economy most believed we were experiencing. Investors saw little chance for anything to interrupt it. Readers of this blog and investors with SEM would have known the economy was artificially juiced
Over the past week, the consensus has been built that the US economy is about to embark on a historic boom. The parallel many are using is the Post World War II boom where the government had a "blank check" to rebuild the country's economy. Treasury Secretary Janet Yellen was
Whether when investing or just life in general there are all kinds of things that can go wrong. We can often reduce the damage of those risks, but not all the time. However, it's usually the things we cannot see that hurt us the most.
With most of the country
