I recently experienced my first “real” tropical storm. I say “real” because I’ve been through other tropical storms. While living in Arizona for 20 years we often would get a tropical storm running out of steam after moving up through Baja. I’ve
This week it was announced the current Federal Government Budget Deficit hit its highest level in 6 years. The combination of tax cuts, slower than expected economic growth, and increased spending accelerated the budget deficit at a rate alarming enough to lead even Republicans to call for cuts in spending.
So something happened Wednesday & continued on Thursday. Something that seems to be completely out of the ordinary over the past 10 years of bullish markets. A 3% one-day S&P 500 drop will surely halt the record gains that the economy has been
Which sounds worse?
Dow plummets 800 points
-or-
Stocks decline 3%, still above June levels
Both describe what happened on Wednesday, but I’m guessing nobody’s smart phone was popping with the latter alert. Why would you click on that headline?
Yes, it
When you hear a non-business radio station discussing the rise in interest rates it is clearly something people are starting to notice. Most people, including too many financial reporters want to group all interest rates into a single category. They do not understand the inner-workings of how interest rates are
