The Markets Ambiguous images. Some illustrations are optical illusions. When two people view the picture, they may see completely different images. A good example is Rubin’s Vase. One viewer may see a vase, while another sees two faces. Current economic conditions can be interpreted in different ways, too. Recent economic data and a possible credit […]
When making decisions about your wealth and finances, how often do you and your spouse (or partner) work together as a team to arrive at a place where you’re both happy? Consider that spouses reports higher relationship quality and stability when they feel they are both involved in financial decisions and processes. With that […]
Major unexpected challenges can occur at any time. A sudden job loss, a terminal diagnosis or death, a lawsuit directed at you, or a disaster that wrecks your property may cause significant distress that puts your financial future in question. And while having significant savings or an extensive resume might mitigate much of that uncertainty, […]
When we dive into the three key characteristics of driven entrepreneurs, there’s a few really interesting things in this special report. Let me blow this up a little bit more. If you’re looking at entrepreneurs and CEOs that are driven versus non-driven, the thing that really stands out is, I’m going to highlight here, this […]
Given this week’s unsurprising data (to us at least), we expect interest rate increases to continue with additional 0.50 or even 0.75% increase(s) because the Fed needs the economy growth to shrink by slowing or recessing and so far that has not occurred. The target inflation rate is 2% and the current inflation rate is […]
One night, your son borrows your car to go out with friends. While speeding down a road, he loses control—killing one passenger and seriously injuring two others. What would happen to your finances if you’re sued by the families of the victims? Or what if your dog is provoked by a stranger on your property […]
We like to follow personal consumption, business investment, and home building, combined, which is called our “core” GDP. The problem is that although overall real GDP increased at a 2.6% annual rate in Q3, “core” GDP rose at a meager 0.1% pace. That’s a growth rate in core GDP that we usually see just before, […]
Here is a quick rundown of the latest econ releases and across the board something positive could be noted. The manufacturing sector continued to expand with ten of eighteen industries reporting growth. The best news was that the new orders index rose out of contraction territory, hitting 51.3 in August after two consecutive readings below […]
A quick note to update you on our broader strategy and tactics. When you hear economic news and have any questions – please send over a note, text or call me. Happy to address it or run down the answer. A critical thing you should know – we have a plan and are watching data […]
The Dow Jones Industrial Average fell more than 1,000 points on Friday, caused apparently by Fed Chairman Jerome Powell’s attempt to use a brief speech to channel the ghost of Paul Volcker regarding how to manage inflation. Obviously, this was part of the market’s worries, but the stage was set when the Biden Administration announced […]