The Wealth Blog
Uncertainty – August 14, 2019
Oxford defines uncertainty as “not completely confident or sure of something.” There is always some degree of uncertainty for stocks. Stocks have a long-term upward…
Trade Wars – Tit-for-Tat Retaliation – August 7, 2019
The U.S. ratchets up trade tensions by slapping a 10% levy on the final $300 billion in Chinese imports. China retaliates by weakening its currency….
The Fed – Tapping on the Accelerator – July 30, 2019
The Fed will announce its rate decision on Wednesday. A rate cut is virtually assured. Most observers anticipate a 0.25 percentage-point cut in the fed…
Slower Growth but Not a Slow Economy – July 29, 2019
The U.S. Bureau of Economic Analysis reported that Gross Domestic Product (GDP), the largest measure of U.S. economic activity, slowed from Q1’s annualized pace of…
The Economy Takes New Ground – July 22, 2019
Fed official after Fed official has hinted at a rate cut at the end-of-July meeting. A rate cut is priced in. To forgo a decrease…
Fed Rate Cuts When Stocks are at All-Time Highs – July 17, 2019
Fed Rate Cuts When Stocks are at All-Time Highs Last week, Fed Chief Powell all but green-lighted a rate cut at the July 31st Fed…
The Fed Sets the Stage for a July Rate Cut – July 15, 2019
The Federal Reserve is gearing up for July 31st rate cut and possibly additional cuts following Fed Chief Jerome Powell’s testimony before two Congressional committees….
Earnings, Profits, Earnings – July 10, 2019
Q2 earnings season is gradually getting underway. Early reports are impressive relative to expectations (Refinitiv). Analysts project Q2 S&P 500 profits will decline 0.1% from…
Attention ExxonMobil Employees! – July 9, 2019
Created 2019-07-09 19:46:27
Fun Facts About the Declaration of Independence – July 3, 2019
Please be advised that our office will be closed in observance of Indepdendence Day tomorrow, July 4th. We will we back on Friday the 5th,…
Breaking Records – July 1, 2019
It’s summertime and we’re heading into the second half of the year. Time really does fly! But it’s a milestone for the economy. The economic…
G20 Meeting Looms – June 26, 2019
The G20 meeting includes 19 nations plus the European Union. In focus, a meeting between President Trump and China’s President Xi regarding trade. Investors aren’t…