“Improvement in the Leading Economic Indicators (LEI) is meaningful because stocks have returned an annualized average of 11.8% in periods where the LEI is positive and rising as it is now, compared with just 0.3% when the LEI is positive but falling, which was the case prior to the start of the latest rally.”
Collector Cars as a Market Indicator? Classic car prices often move similarly to – and sometimes lead – prices of other assets such as equities and real estate.
Tax cut politics. The Trump Administration should ignore the budget rule games and find tax cuts that help the economy. It’s the politics that is noisy and confusing, the policy is simple.
A Healthy U.S. Consumer…Consumer habits are changing and shifting toward the internet, where sales are booming.
Reasons to be bullish…The gains in profits are a testament to the enduring ability of entrepreneurs in the face of what has been a bipartisan movement toward more government involvement in the economy….
If you’re nearing retirement and find the math doesn’t work out, it may be possible to find a semi-retirement solution that lets you leave your traditional job because…