The stock market ended 2018 down seven percent for the year, pushing the market into bear market territory. Does this mean a recession is around the corner in 2019? Recessions, on average, have occurred (roughly) every eight years since the end of World War II. The current economic expansion, which has been going on
In 1920, Dr. Jesse Leonidas Leach moved to Flint from his birthplace of Nashville, Tennessee. Flint was growing at a frenetic pace – industry was booming and blacks and whites alike were lured by the hopes of a job and a better life. Dr. Leach set up a medical practice and began to immediately
Relax, America. It’s okay to talk to your neighbors again. I have proof that we are not as hopelessly and irretrievably different from one another as our ongoing political differences would suggest. What is this proof? “Michigan roads suck.” That’s one of the comments that came to me from readers all over the state
When we booked our trip to San Miguel de Allende, I thought I would be most excited about a little R&R, margaritas, European-style architecture and tacos, tacos, tacos. Instead, I was transported … by the doors. Yes, doors. Maybe because there was very little R&R to be had with a five-month-old infant in tow,
There are some things in life that should never happen. On the top of that list, in my opinion, is the loss of a loved one gone too soon, or the loss of a child. One of my very close friends recently lost her only child – her beloved son – to a drug
How’s this for a shiny New Year’s Resolution: I will never, ever change residences again. That is really more of a “life’s resolution.” Of course, I will move at least one more time – to the cemetery. Don’t get me wrong. I love our new house; but that is not why I am steadfast
Have you ever had a commercial jingle stuck in your head for days? One such jingle that comes to mind is “I’m Slim Chiply,” a catchy little song about Paramount Potato Chips, a Flint brand that was loved by many. Founded by Ed and Josephine Dewan in 1959, the company’s product line was made
General Motors recently announced that they were closing five plants and cutting 14,000 jobs. Why are they doing this? Much has been written on the resurgence of the domestic auto industry following the 2008-09 recession and GM’s return to profitability; however, there are less reassuring trends. One is that General Motors continues to lose
With the New Year often comes a desire to adopt new eating habits. The good news is you don’t have to go “cold tofurkey!” Integrating meatless meals into your lifestyle is a choice that can be very simple to achieve. Stop by The Local Grocer for many vegetarian and vegan options and products! There
Not to “out” some of you in the My City audience, but I’d guess there are those reading this column who have enjoyed the forbidden pleasure of the industrial musical. Live, on stage, with a cast of legit professional actors singing songs by Broadway-caliber composers … about plumbing fixtures … or dog food …
Many of the articles that I write for our My City readers relate to an older generation of investors and are often not applicable to the younger generation. This article is a departure from the usual subjects, but in the end, pertains to the financial world in that it offers advice to young people