Great article as usual. However, I am not sure that lowering interest rates makes life more affordable for everyone. Maybe for those that have the funds to refinance a loan or make a down payment on a house, etc., but for those living paycheck to paycheck (unfortunately, more and more each day), the groceries, the rent, the cost of everyday needs, the needle does not move, or doesn't more fast enough. I'm always amused by the market jumping when the Fed lowers its rate, followed the next day typically by an equally significant downturn...as just happened.
Comments
Great article as usual. However, I am not sure that lowering interest rates makes life more affordable for everyone. Maybe for those that have the funds to refinance a loan or make a down payment on a house, etc., but for those living paycheck to paycheck (unfortunately, more and more each day), the groceries, the rent, the cost of everyday needs, the needle does not move, or doesn't more fast enough. I'm always amused by the market jumping when the Fed lowers its rate, followed the next day typically by an equally significant downturn...as just happened.
Post: Interest Rates Battle
Link to comment from December 13, 2025
Jonathan, So sorry to receive that news. You have touched so many. Thanks.
Post: Jonathan and website update
Link to comment from September 20, 2025
Jonathan, Thank you for the update. Always looking forward to my weekly dose of Humble Dollar. Wishing you all the best.
Post: Health Update
Link to comment from September 6, 2025
Also reminds me of a Will Roger’s quote, which I had posted on my office door. “Don’t let yesterday take up too much of today”.
Post: Four Mantras
Link to comment from July 3, 2024