Economy and Trends

The Next Bear Market May Be the Most Anticipated in History

I have been trumpeting a cautious tone for most of 2018 with concerns about the stock market and whether or not the bull market would continue. I have laid out a number of indicators that support my cautious stance—the jump in the yield on 10-year treasuries, consumer confidence being too high, investor sentiment being too optimistic, etc. If you haven’t ...

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Federal Reserve Criticized by Wall Street on Balance Sheet Unwind

Federal Reserve

Whether it is President Trump or the powers that be on Wall Street, the Federal Reserve is taking constant heat over interest rates, its balance sheet, and just about everything else it does. Trump has tweeted many times of his disdain for the Fed’s desire to raise rates and potentially cool the economic growth. He has also questioned Chairman Powell ...

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Don’t Get Too Excited About the Post-Midterm Jump

The overall market jumped sharply higher on Wednesday after the results of the midterm election results were known. Some analysts were speculating that the jump was due to the Republicans retaining control of the Senate while others were speculating it is because the Democrats took control of the House. Personally, I think the reason for the big jump was simply ...

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October’s Downturn in Stocks Suggests We Are in Risk-Off Mode

October was an ugly month for stock indices around the world and the domestic ones were no exception. The four main U.S. indices all dropped significantly, and eight of the 10 main sectors moved lower. The few sectors and asset classes that moved higher in October are all considered “defensive” investments. Looking at the indices first, we see that the ...

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Is there a Slump in Start-Up Companies?

Say it isn’t so. The little engines that could, which are small businesses across America, may be on a slight demise. Economists say big businesses like Amazon, Google, and Facebook are hurting entrepreneurship and creating a startup slump in America, according to a report in The New York Times. Let’s look at the numbers. In 2015, some 414,000 new businesses were ...

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Big Techs Race to be your One-Stop Shop Content Provider

I of low maintenance have one remote. I recently visited a friend and sat down and noticed multiple remote devices on the coffee table. She began to explain to me what duty each one performed. “This one is for Netflix, but not volume. This one gets Hulu and will do the volume, but you have to press this button to ...

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President Trump Critical of Fed Rate Hikes

Harsh rhetoric from President Donald Trump to Federal Reserve Chairman Jerome Powell regarding interest rates and the state of the economy. The banter between the two has been rather one-sided, with the President hitting Twitter, and Powell staying relatively under the radar with comment. The Fed will be sticking to its plans to continue gradual rate hikes, according to the ...

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Student Loan Debt may take a turn for the Worse

Who would have thought the day would come when a young man or woman would have more educational debt than mortgage debt in their home. For most Americans, the mortgage is still the main debt load, but in Pittsburgh, for instance, 12.6 percent of borrowers owe more for their educations than they do for their homes, according to Magnify Money. ...

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Bond Market Braces for Mid-Term Elections

Regardless of which side of the aisle is triumphant in November, the U.S. bond market is likely to suffer either way. A democratic congress is likely to push through a GOP style trillion dollar infrastructure package.  A Republican legislature will likely advocate for tax cuts part 2. Both of which spell one word loud and clear: debt. While the Fed ...

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