Week of August 28, 2017 – Obtain These 3 Things From Your College-Aged Kids
Hitting a hard debt ceiling and missing payments to bond holders is a more serious issue.
Week of August 21, 2017 – Consumers are Fine
The markets took note of the drama and sold off last week. The Dow was down 0.8%, the S&P was down 0.7%, and the Nasdaq was down 0.6%. Thursday the S&P was down 1.5%. It is a shame because the economy is doing well.
Week of August 14, 2017 – Slow Rise
We currently like the prospects of a continued, but slow rise in the markets. There is no sign of a coming recession at this point.
Week of August 7, 2017 – Explanation of P E
Bottom line: both the trend in interest rates (lower yields) and the trend in the overall market (the tape) are bullish. The balance of evidence remains bullish for both equities and fixed income.
Week of July 31, 2017 – Sandwich Generation
“Mr. Smith goes to Washington” should be required viewing for all our representatives.