Job Market. The US labor market is going from strength to strength. Like with corporate earnings, June jobs data beat consensus estimates – up 213,000 – pushing the average monthly gain for the past year to 198,000 per month.
I had the pleasure of contributing to Nathaniel Fried’s recent blog, Best Books: 9 Books to Read to Learn Basic Economics. In addition to my choice of a book on basic economics by Henry Hazlitt, Economics in One Lesson, check out the other 8 recommendations.
Maybe it Matters, Maybe it Doesn’t. One measure of the health of the U.S. economy just logged its worst losing streak ever
Election Outlook. There are at least three reasons suggest the Democrats should be optimistic about taking control of the House this November.
10 Tough Conversations You Need to Have Before You Retire. Thank you to Cameron Huddleston for including me in her article for GoBankingRates.com. You’re retired, now what? For many, spending up to 10 plus hours a day working was not uncommon. What will you do to fill every day in retirement for the next 25-35 years? Knowing the answer is key to your wellbeing in retirement.
I Get It, But I Don’t Agree. As the bull market in equities enters its ninth year, investment strategist Jim Paulsen at the Leuthold Group recently released a research note in which he pointed out that the % of market cap represented by the “defensive” sectors has reached a multi-decade low, now lower even than at the peak of the dot-com bubble.