Economy and Trends

Global Economic Uncertainty Weighs on U.S. Economy

We have been reporting for the last several months that economic confidence in the small business realm has been waning. This has also been confirmed in big business via the latest industrial production report by the census bureau. Overall orders for durable goods, manufactured products intended to last at least three years, rose a seasonally adjusted 1.2% in December from ...

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Income Inequality is what made America Great

Don’t take my word for it. Just ask anyone who has come to America from a socialist country. The irony of income inequality is lost on those who propose the likes of the “Green New Deal.” I will not name names, because you already know the usual suspects. I will group them together for purposes of this story and simply ...

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The Hypocrisy of Socialists and Taxes

I’m not sure if freshman Rep. Alexandria Ocasio-Cortez (AOC) was around during the Reagan era and the economic notion of supply-side economics, but I’m pretty sure her partner in crime against capitalism, Elizabeth Warren was. I don’t know what either of these women studied in school, but I can assure you it was not economics. Who is Elizabeth Warren to ...

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Fed Hint of More Dovish Stance Enough for Investors

The Federal Open Market Committee concluded its two-day meeting on Wednesday afternoon with the announcement that there would be no change to the target rate at the present time. That was what pretty much what everyone expected—no rate change in January. The stock market reacted in a positive manner despite the Fed doing what was expected, but it was more ...

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What you need to know about the Housing Market in 2019

As one might anticipate, projections for real estate values and the market, in general, are scattered like stars in the sky. So many thoughts and statistics it is hard to know where to begin. My experience is that real estate brokers are somewhat synonymous with stockbrokers in regard to their involvement in the efficient market of information. Maslow’s hierarchy will ...

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Mixed Signals from Manufacturing Index and Employment Report

There have been various entities putting pressure on the Fed to back off on its rate increases in recent months as the stock market has come under pressure. The most vocal critic has been President Trump himself. The president even tweeted on Christmas Eve, “The only problem our economy has is the Fed.” The Fed has stated that they intend ...

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The Economic Gain of Home Ownership for the Poor

The holiday season brings out in many of us the desire to give. What is gifted can be personal and often benefits the giver as much or more than the gifted. While often envisioned as a charitable endeavor, giving can be an economic gift to the community as well. One particular segment of the market that you don’t hear much ...

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