The financial markets and economy have been hit by their own metaphorical Hurricane Ian in 2022. Stocks are firmly in “bear market” territory (down more than 20%). Bonds, historically considered “safe” investments, have also been crushed, as the yield on the 10-year U.S. Treasury Bond (UST) more than doubled from about 1.5% at the start of the year to almost 4%. Mortgage rates track the UST, so the average interest rate on 30-year mortgages has surged from about 3.1% at the start of 2022 to 6.7% (highest since 2007), slamming the brakes on housing and refinancing.
How many gifts do you think you received throughout your childhood?
As harvest is underway in the Hoosier heartland, how fortunate we are to benefit from the hard work and dedication of America’s farmers. As we reflect on the agricultural abundance we enjoy in Indiana and this Nation, let’s acknowledge the risk inherent in this occupation. As these hard-working men and women are creating this agricultural abundance – food, feed, fuel and fiber – over the next several months, they must be ever-vigilant for their own safety.
Now that summer’s officially over and public attention is turning to the mid-term elections, we know what the parties want us to concentrate on.
I find myself teaching this simple lesson with more enthusiasm lately: Elected positions in American government exist as opportunities to serve.
“I hate inflation.”
When I was a newbie reporter at the Wabash Plain Dealer, I started hearing about a young woman named Brenda Webb, just a few years out of high school and beginning to make a name for herself as a country singer.
Go away, Thomas Benton. We don’t want your kind around here. Welcome, Alfred Kinsey. You are one of us.
Although written records leave no clear motive for the vigilante attack against the Matlock family in October 1891, George Matlock’s lifestyle offers some insight.
Over the past few weeks, we have affirmed a simple fact that most of us were already aware of, and that is that repairing broken, damaged or disrupted relationships is not an easy task.