Author: chip
Will this August be any different?
#August hasn’t been very hot for investors: since 1945, and 2000, the hashtag DJIA posted average price losses of -.26%, and -.79%, respectively and was down for the month 44% of the time. Since the ’09 bull market began the results have been uglier, -1.36% and down 5 out of 9 years.
read more Will this August be any different?What Does 4.1% GDP Mean to Investors?
Market observers are sure to keep a close eye on the economy at large, specifically the Gross Domestic Product (GDP) growth rate, rightfully so. History has shown that economic growth, corporate profitability, and stock prices have paralleled rather nicely from an investors standpoint since the end of WWII, as illustrated in the following chart. In
read more What Does 4.1% GDP Mean to Investors?Is it better to work for yourself or someone else?
Is it better to be an employee of a company, or is working for yourself the way to go? I think the answer depends on an individual’s preferences, inclinations, stress threshold, know-how, and capital resources. That said, according to the Fed’s Survey of Consumer Finances, it is the self-employed that earn the most money with
read more Is it better to work for yourself or someone else?Positive News! 213,000 Americans joined the workforce in June.
213,000 Americans joined the workforce in June. The economy has added 2,374,000 in total over the past year as reported by the Bureau of Labor Statistics. Considering GDP per capita (the amount of output per person in the U.S. population) is $60,961 indicates that GDP has risen $145 billion from the productivity of these new
read more Positive News! 213,000 Americans joined the workforce in June.