Income Investing

Interest rates, as measured by 10-year U.S. Treasury rates and a number of other interest rates, have been declining for more than 30 years. As the chart below shows, interest rates move in trends that last for decades. Eventually, this trend will reverse as all trends do, and while it… Read More

I’ve been glued to the news this entire election season, but one heated exchange at the second presidential debate between President Barack Obama and Gov. Mitt Romney piqued my curiosity. Here it is from the Washington Post’s full transcript, edited to show concisely a portion of their conversation about… Read More

A British prime minister in 1845 described them as those who “bamboozle one party and plunder the other.” Since then, common folk everywhere have wanted to eradicate them. The object of this scorn? Middlemen — people or companies that buy or handle goods from producers and sell or deliver them… Read More