facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause

Current Commentary

The Economy and the Covid-19 Virus Thumbnail

The Economy and the Covid-19 Virus

Because we put the odds of another nation-wide economic shutdown very low, we expect economic data to continue to improve in the weeks and months ahead... With this flood of new money, and an improvement in economic data, equity markets should continue to rise.

Read more
8 Steps to Financial Wellness Thumbnail

8 Steps to Financial Wellness

Showing how health and wealth awareness can come together for maximum wellness. What follows are the 8 key considerations involved in achieving a cohesive, inclusive plan that takes into consideration the realities of life, especially as we age.

Read more
Not Locking Down Thumbnail

Not Locking Down

Not Locking Down...while cases have increased, deaths from the virus have not. According to data from Worldometer, in the seven days ending Sunday, deaths averaged 596 per day nationwide, the lowest since March, and are down almost 75% from the peak in mid-April.

Read more
Saving and the Shutdown Thumbnail

Saving and the Shutdown

Turning off the global economic light-switch, and then turning it partially back on, has sent shock waves through economic data that, while anticipated, have been jaw-dropping in both directions. US retail sales plunged a combined 21.8% in March and April, before rising 17.7% in May...

Read more
The Fed is Committed to Low Interest Rates Thumbnail

The Fed is Committed to Low Interest Rates

In the meantime, this week's reports should show that the economy was healing before the Fed's meeting. Retail sales, industrial production, and housing starts should all be up sharply for May, and we expect a continued decline in claims for unemployment insurance, as well. We are still a long way off from being fully recovered, but the process has to start somewhere. In May, the recovery began.

Read more
The Recession is Over Thumbnail

The Recession is Over

The recession that started in March is the sharpest downturn since the Great Depression. As it turns out, it was also the shortest. This doesn’t mean the US is fully recovered, or even close; a full recovery is going to take at least a few years. But...

Read more
More Green Shoots Thumbnail

More Green Shoots

Economic news last week... continuing unemployment claims declined 3.86 million to 21.05 million... TSA says 268,867 passengers went through security on Saturday, up 39%...Motor vehicle gas supplied is up 24%... so the deepest recession since the Great Depression looks increasingly likely to be the shortest

Read more
Signs of Economic Life Thumbnail

Signs of Economic Life

In order to tell whether the overall economy is starting to recover, we're looking for confirmation from unemployment claims and federal tax receipts. The bad news is that new claims for unemployment insurance remain at extremely elevated levels. However, new claims are down substantially from the 6.9 million filed in the last full week of March...

Read more
How Are We Going to Pay For All This? Thumbnail

How Are We Going to Pay For All This?

Yes, the debt is a burden on future taxpayers... Right or wrong, our government - and society in general - has taken enormous measures to contain the virus to save the lives of our elderly population, and these moves have imposed enormous costs disproportionately borne by the younger generations who are out of jobs, school, and business opportunities.

Read more
S&P 3100, Dow 25,750 Thumbnail

S&P 3100, Dow 25,750

S&P 3100, Dow 25,750... the world took a detour into the Coronavirus Contraction. As a result, we are adjusting our year-end 2020 target down to 3,100, with the Dow Jones Industrials average finishing at 25,750.

Read more