Stocks have been on one heck of a run since this bull market began in March 2009. At present, and throughout this bull market, there have been those/many actually calling for at minimum a selloff, or something far direr. When it comes to investing monies for the future, using history as a guide is a
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2020 Boom or Kaboom!
“To find yourself, think for yourself.” —Socrates 2019 was the year media airways bombarded us with unrelenting negative news stories about almost everything. There were articles about the end of the world, elevated asset prices, unaffordable housing, corporate excess, federal deficits, the Mueller Report, political polarity, climate-change, trade wars, immigration gridlock, negative interest rates, the
read more 2020 Boom or Kaboom!Upbeat November Jobs Report Buoys Stocks
266,000 new jobs were added to private and public payrolls in November, totaling 2.2 million the past 12 months. Of this, the private and public sectors increased their job counts by 2.0 million and 162 thousand, respectively. Healthcare and social assistance, leisure and hospitality, and professional and business services showed the most significant gains industry-wide
read more Upbeat November Jobs Report Buoys Stocks—Misery Seeks Company
Yale professor, Arthur Okun created the Misery Index for academics, business leaders, policymakers, and investors alike to gauge the perceived present pulse of the economy. Particularly, how the American public at large is feeling about their current state. The Misery Index is the total of both the inflation and unemployment rate. The higher the number,
read more —Misery Seeks CompanyIs Recession Nearing?
There’s been plenty of clamoring that economic downturn would begin in 2019. NYT’s columnist and Nobel Prize-winning economist Paul Krugman has emphatically warned investors that a Trump victory would “trigger a global recession with no end in sight.” In February, he forecasted a recession for latter 2019. Next, there was the imminent threat stemming from
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