The backbone of the U.S. economy showing cracks
Consumers are the backbone of the U.S. economy — making up nearly two-thirds of GDP. But consumers are showing signs of slowing their spending as...
Economy
Why it’s not the right time to buy U.S. stocks… so when is it?
Last week, a WSJ economist survey showed the odds of a recession in the next 12 months at 44% — up from 28% in their...
The Fed raises interest rates by 0.75%
Yesterday, the Fed announced it will raise its benchmark interest rate by 0.75%, the largest increase since 1994. What's the big deal? The Fed hopes...
U.S. dollar nears 20-year high and here’s why that’s not a good thing
Markets are setting new highs — just not where most investors want. The U.S. dollar is at its highest level in nearly 20 years as...
What can investors expect in the bear market?
The S&P 500 has entered bear market territory (drawdown of >20%), and based on historical data, we’re likely only early in. What's the big deal?...
Inflation data raises the chances of a recession
Last Friday’s inflation report showed what no investor wanted to see — inflation picking up speed. “The headline numbers in this report are dreadful” —...
