Hate investing? Target-date funds are for you

If you watch financial advertising, you know that you should spend your days tracking your portfolio, trading frequently, and, well, tracking your portfolio. Oddly enough, many people find other things that they would rather do in life, such as reading a book, traveling the world, or sorting bolts in the garage. If you’re one of…

How Janet Yellen’s Latest Swindle Works

Kremlinology Commentators spent the weekend trying to figure out what Janet Yellen’s testimony before the Senate meant for markets. What did she say? What did it mean? Why was she there at all? “It is important to emphasize that a modification of the [interest-rate] guidance should not be read as indicating that the [Fed] will…