Common Cents Blog

Common Cents Blog

When the Middle Gets Squeezed

On Friday, October 16, 2026, I ate lunch at one of my regular Indian restaurants here in town. As with most places that have a lunch buffet, the items off the dinner menu are much better.…

Common Cents Blog

The Cost of Borrowing

My first job in the investment business was managing fixed income portfolios and trading bonds for a bank trust department in Baltimore. This was way back in the early 1990s, and a lot has changed over…

Common Cents Blog

When Debt Outruns Demand

Have you ever been to a party where the hosts run out of food and beverages? I suspect most of us have. While there are occasions when some subset of attendees go to the store to…

Common Cents Blog

Science Fiction and Stock Prices

This past week, I started and finished a book called Mockingbird by Walter Tevis. Truthfully, I had never heard of it until about 15 minutes before I ordered a copy. It just sounded interesting, and strangely…