Economy and Trends

Healthcare Stocks Getting Pummeled, But Why?

Healthcare sector stocks have been under tremendous selling pressure over the last few weeks, and there are questions as to why. Is it political with all the talk of “Medicare for all” and President Trump making statements about bringing down drug prices? Is it simply a matter of sector rotation? Could it be profit taking ahead of upcoming earnings reports? ...

Read More »

How to take advantage of slowing Global Markets

I don’t know about you, but I’ve tired of the ping-pong game of international trade, particularly between China and the U.S. If you read the news each day, it is like volleying a tennis ball back and forth, with no winner or end to the match in sight. Welcome to the world of international trade. Yesterday’s headlines say tariffs are ...

Read More »

College Students: Just Say No to New Income Sharing Agreement

Just say no to the new Income Sharing Agreement (ISA). I could leave it at that and write no more. Through a new kind of financial instrument called an ISA, financiers are transforming student debtors into stock investments, with much of the same risk and, ideally, greater returns. But the millennials who are mortgaging their futures by giving equity in ...

Read More »

The Fed Minutes, Inflation, and Personal Biases

The minutes from the most recent FOMC meeting were released on Wednesday, and it revealed mostly what we already knew. The Fed doesn’t see the need to raise or lower rates at this time. Even though investors pretty much knew this, the market rallied after the release. With investors seemingly more interested in the Fed than actual company related news, ...

Read More »

The Ugly side of Minimum Wage Hikes

It was just a matter of time until the sludge of the incompetent do-gooders dripped back to their various states. You know who I’m talking about. Massachusetts, New York, California, Mexico. My bad, sovereign Mexico is not a state, yet, albeit their wandering citizens too may benefit from the nastier side of minimum wage rate hikes. And what exactly do ...

Read More »

Tight Labor Market Could Hurt in the Long Run

The U.S. labor market has been in the spotlight over the past week with several different economic reports being released. The bulk of the reports show that the U.S. labor market is the strongest it has been in decades. The March employment report was released on Friday, and it showed that non-farm payrolls bounced back nicely after the subpar report ...

Read More »

South African Power Outages Compromising Economic Activity

Apparently the sea levels are not rising around Cape Town, South Africa, as the nation again gains attention for the deleterious results of the lack of electrical power. No, I didn’t say Venezuela, where either the lights came back on, or it no longer is newsworthy, at least to the American left. The South African state-run utility, Eskom, provides approximately ...

Read More »

Confused as an Investor? Fed Turn Dovish

The Federal Open Market Committee held a two-day meeting on Tuesday and Wednesday, and the decision on rates was released at 2:00 PM Eastern Time on Wednesday. The committee did exactly what people thought it would do, and left the target rate exactly where it is. But, the committee surprised everyone with the statement that accompanied the rate decision. The ...

Read More »