Consumer Spending, Income, and Saving – Disturbing News?

The Bureau of Economic Analysis (part of the U.S. Department of Commerce) today released its report on personal incomes, spending and saving by consumers nationally. This data is for activity in June 2009. It has Mr. ToughMoneyLove scratching his head a bit. I’m not sure yet what it means but my first reaction is concern. Read more

How Long Can Our Bear Market Last?

Money Magazine published some interesting numerical data this month comparing the present state of affairs in our stock market with historical (and present data) pertaining to other market conditions.  The data is kind of scary for baby boomers like Mr. ToughMoneyLove.  Let’s take a quick look, then find something else to think about that might elevate our mood. Read more