Stress will always expose weaknesses. For the past 15 years I've written and spoke about our broken economy. Massive budget deficits, continued reliance on a service economy, a huge trade imbalance, over a hundred trillion dollars in unfunded liabilities (Social Security & Medicare), a massive demographic imbalance impacting our labor
Tag: Economic Data
Moving into the second half of 2021 I thought it would be timely to take a walk through SEM's Economic Model to give us an idea of where we stand economically. The markets are obviously pricing in a spectacular recovery and we won't know until the fall what the economy
We all know simply changing the calendar doesn't change the environment, but after enduring all the terrible things we faced in 2020, most of us were hoping 2021 would be nothing but good news. That hope was shattered on the 6th day of the year last week. I think we've
As we enter the final month of 2020 many investors will be making plans for 2021. I could write several thousand words listing all the things we should be considering. Instead, I thought we'd use my favorite tool – a 2-column list to look at the current market environment.
As I've
While most of the country has been back in school for a few weeks, here in Virginia it's the first day of school. While we've had much more time to prepare than the disaster we had during the final quarter last year where I'm pretty sure few kids learned anything