Allan Sloan
Washington Post
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Past articles by Allan:
Some final advice: Beware of cryptocurrencies and ratty CEOs like Musk
Allan Sloan writes his final column for The Washington Post after 30 years. → Read More
Why the Dow demolished the S&P 500 this year
Just half a dozen stocks have made most of the difference. → Read More
Musk, FTX founder Bankman-Fried lead 2022 flock of business turkeys
The new boss of Twitter and the former boss of FTX stand out as examples of what not to do as corporate leaders. → Read More
Yesterday’s big market winners turn into today’s big losers
Seven formerly high-flying stocks have become such dogs that you can almost hear them howling. → Read More
With rising rates and rising debt, the taxpayer bill is finally coming due
The U.S. government’s interest payments on its debt could near $570 billion this year, a 45% jump. → Read More
Revenge of the savers: Fed rate rises offer boon to the cautious
Interest rates for money market mutual funds are more than 100 times what they were at the end of last year, thanks to the Fed rate rises. → Read More
Recession experts don’t think we are in one and neither do I
For all the talk surrounding the GDP numbers, there is little sign of a widespread economic decline that would signal a recession, according to the experts → Read More
With Fed rate increases, the economy’s free ride is over
Federal Reserve rate increases have already hit the stock market and are cooling housing prices — and more rate hikes are expected in the months ahead. → Read More
Fed interest rate hikes just made national debt a lot more expensive
By my calculation, the Fed’s higher rates will increase the federal government’s interest costs by about $128 billion a year → Read More
We’re still not in a recession despite the stock market drop
The stock market is down over 20 percent since the start of the year. But that still isn't a sign that we are heading for a recession. → Read More
Rising rates will cool the housing market. But a crash is unlikely.
Home sale prices are up 40 percent since the start of the pandemic. But with mortgage rates increasing, the days of such rapid price growth are almost certainly over. → Read More
I was home a day after a heart procedure. Less-invasive TAVR made it possible.
TAVR, a fascinating, relatively new procedure, doesn’t get much attention but it has saved numerous lives — including mine. → Read More
Here are the stocks that powered your 401(k) to a monster performance in 2020 and 2021 and are taking it right back down
What may not be immediately obvious in the market volatility of 2022 is that just seven companies — the same ones that drove the S&P to record highs — are now dragging the market down. → Read More
The craziest, creepiest year in the real and financial worlds in my 50 years of writing about business
The economy is going great. Employment is up and so are the stock markets and housing prices, but political divisiveness is undermining everything. → Read More
Bookstores are dying. Barnes & Noble’s pricing policy may help explain why.
I'm fond of my local Barnes & Noble, so I was surprised to see bn.com undercutting prices in the store for some bestselling books — and stunned to see the company allowed pop-up ads from Amazon lowering prices even more. → Read More
Markets are shrugging off omicron worries. But the variant offers a lesson investors should heed.
The market plunge on Black Friday — and recovery on Monday — after the news about omicron offers an important lesson to investors: If you’re going to own stocks long term, you need to have enough cash on hand to ride out volatility. → Read More
Giants like GE and IBM are splitting up. The picture for shareholders is complicated.
The breakups of several firms show investors see more value in smaller and more streamlined enterprises than sprawling conglomerates. → Read More
The meteoric rise of Tesla’s stock price is good for investors — even those who aren’t directly invested in Elon Musk’s car company
Even many of us who don't own Tesla stock have made out well from its meteoric rise. That’s because Tesla has become the seventh biggest stock in S&P 500 and total stock market index funds. → Read More
The little-known way seniors can deduct gifts to charities
If you are 70 ½ and older, you can use your IRA to make tax-advantaged charitable contributions, known as Qualified Charitable Distributions. The taxable income generated by taking the money out of your IRA is offset by subtracting the QCD from your reported retirement income. QCDs are nowhere as well-known as they should be. Solicitation season is a great time to start thinking about them. → Read More
Trump hasn’t been a good businessman for years. His fall from the Forbes rich list just confirms it.
Forbes lists Trump as having a current net worth of $2.5 billion. In 2011, Trump was listed as having a net worth of $2.9 billion, which is $400 million more than he is worth now. And adjusted for inflation that $2.9 billion would be worth more than $3.5 billion in current dollars — over $1 billion more than Forbes says he’s worth now. → Read More