A year ago, the stock market was in the midst of a 10% correction over fears the economic data was too strong, which meant the Fed was going to continue in their inflation fight. The sell-off started when the Fed hiked rates after a one meeting pause. The sell-off didn't
Tag: Economic Update
Four weeks ago the title of the blog was "Be careful (what you wish for)." At the time bad economic data was viewed as 'good' news for stocks as it meant the Fed was likely to cut interest rates at some point soon. I warned at the time about the
As a parent of 6 and grandfather to soon to be 4 grandchildren, I've used the phrase, "be careful what you wish for" more times than I can remember. As somebody who has been following the investment markets for over 30 years, I have used that phrase during a few
Did you miss our webinar today? Every election year, there is much angst about the outcome and what it will mean for the economy and your investment portfolio – which is why we wanted to host a webinar several months before the election! This webinar focused on what the DATA says
Is the economy growing or shrinking? Is inflation too high or coming down? Is job growth too hot or too cold? Are the markets healthy or at risk?
The answer to all of those questions is "yes*"!
Note the * which is the problem – the answer depends on your situation – what