Stocks are back to all-time highs despite a brief "inflation" scare a couple of weeks back that knocked 10% off the NASDAQ and significantly more than that off the more popular momentum stocks. Most Americans will be once again receiving some nice payments from the Federal Government and the expectation
Tag: economic growth
We are starting week 9 of the COVID19 Panic. Many more states opened up on Friday. Here in Virginia we have one more week (hopefully) before non-essential businesses with less than 10 people in their stores/shops at a time can re-open. As I said last week, we're going to
At the beginning of October, I pointed out the sensationalism of the financial media when they pointed out how the ISM Manufacturing Index posted the worst number in 10 years. It was only 0.2 lower than the previous 10 year low. After a rebound in October, the ISM Manufacturing
The stock market is attempting to stabilize, but the economic indicators continue to point to a slowdown. In this brief economic update I highlight what the DATA is saying along with ideas on what you should be doing to prepare for what could be a big move up or down.
After 25 years of following the financial markets every day, you’d think I’d grow used to the sensationalized headlines of every single market move and every single economic data point. Today the financial media was reminding us that the ISM Manufacturing data released this morning showed