Following the election, the stock market staged a furious rally under the assumption President Trump and the Republican led Congress would implement “pro-growth” economic polices that would jump start an economy that has been unable to grow at even an average pace despite trillions of dollars being thrown
During the Presidential campaign last year we heard a lot about the economic recovery. One side said it was the best recovery of all time, the other said it was the worst. (For more see my 1st Quarter Economic Update) Thee is one data point I don’t think
“Active investing is dead.”
“Buying a low cost index fund is the best way to ensure financial success.”
“Nobody wants to pay a fee for something they can do themselves.”
Those are just a sampling of the comments I’ve
Despite the rebound in job creation in April, the big picture has not changed. Throughout this century we’ve seen corporations taking a bigger piece of GDP at the expense of the labor force. Please do not take this statement as an endorsement of socialism. Instead it is a
Once again I’m seeing a flood of headlines discussing the “disappointing” or “weak” GDP report released this morning. Pundits are using it to call into question the enthusiasm we’ve seen in so many sentiment indicators since the election of President Trump. The
