My Comments: I’m more than a little tired of woe and gloom every day. Yes, I’m alive and well as are members of my family. But it’s impossible to go a single day without someone hurling invective about politics, about the trade war, about Brexit, about the current occupant of the White House, about small …
Continue reading U.S. Manufacturing Dives to 10-year Low as Trade Tensions Weigh
My Comments: Good times followed by bad times followed by good times is a pattern that more or less defines humanity on this planet for the last several thousand years. And probably before there was a recorded history. When talking about the economy, whether from a global perspective, or one focused exclusively on the United …
Continue reading Forecasting the Next Recession: Will Rate Cuts Be Enough?
My Comments: This is not intended as a dig at Trump, except to the extent he made pre-election promises that were not economically viable. Bringing back the coal industry to help Make America Great Again was never a rational objective in 2016. As I read this article, my mind went back to my days in …
Continue reading Major US Insurer Says It Will No Longer Underwrite and Invest in Coal
My Comments: Tariffs, pressure on the Federal Reserve to lower already low interest rates, shotgun diplomacy, all of it helping to increase uncertainty, which increases the chance of the next global recession. For reasons unfamiliar to me, our President is determined in his attempts to marginalize China on the global stage. The tariff efforts are …
My Comments: I do not claim to be a negotiator. I do not claim to be knowledgeable about global trade. I do not claim to understand the dynamics that govern the behavior of nation states across the planet. But I do know when to seek out and listen to the advice of those who are …
Continue reading Everyone has forgotten about why Donald Trump can’t win a trade war with China
My Comments: I have issues with this article title. For one thing, it only stinks if you have a good sense of smell, or in this case an intellectual curiosity to explore things you don’t already fully understand. Unfortunately, there’s a substantial percentage of our population that has no clue what we’re talking about and …
Continue reading The Rot in the Obama-Trump Economy Is Beginning to Stink
My Comments: As I write this on Monday, Sep 2, I suddenly realized I’d not heard a word out of the White House about how great the economy was compared to when Barack Obama was in the White House. I guess it’s all taken a back seat to the Labor Day weekend and, for me …
Continue reading Here’s a list of recession signals that are flashing red
My Comments: I’ve long since concluded that many economic decisions and trade policies espoused and implemented by the current administration are foolish at best and potentially disastrous. I have no idea who they are supposed to benefit. I minored in economics in college and have been professionally involved in the money business most of my …
My Comments: Whether you’re already retired and relying on saved money to pay your current bills, or only thinking about a future retirement and how to pay for it, how the markets behave greatly influences what you do and the peace of mind you have or don’t have. In a way, it’s like a broken …
My Comments: I’ve practiced as a financial planner and investment advisor for over 43 years. During those years I’ve held myself to what is known in law, medicine, accounting, and other professions as a fiduciary standard. Simply stated, our actions and behavior must be legally, morally, and perhaps ethically, in our client/patients best interest. Period. …
Continue reading The Trump Presidency May Have Just Entered Its ‘Endgame’
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