The Wealth Blog
Profit Growth – February 16, 2021
Still-low interest rates, fiscal stimulus and talk of more stimulus, new vaccines, and economic growth have been credited for the stock market’s powerful performance. While…
Earnings Step in to Assist with the Heavy Lifting – February 10, 2021
Interest rates remain low, and talk of another injection of government cash into the economy has added to the party-like mood on Wall Street. But…
Covid Uncertainty Hampers Nonfarm Payroll Growth – February 9, 2021
Nonfarm payrolls rebounded in January following a decline in December, but the pace remains below what’s needed to quickly drive employment back to pre-Covid levels….
The January Stock Market Indicator
As January goes, so goes the year, according to the January market indicator. But is the theory popularized by the Stock Trader’s Almanac correct? When…
Covid Slows U.S. Economic Recovery, Drama on Wall Street – February 1, 2021
The U.S. BEA reported on Thursday that Gross Domestic Product (GDP), which is the largest measure of economic output, expanded at a 4.0% annualized pace…
An Economic Report Card – January 27, 2020
On Thursday, the U.S. BEA will release fourth quarter Gross Domestic Product (GDP), the broadest measure of the value of goods and services. Economists surveyed…
Interest Rates Tick Higher – January 25, 2021
Interest rates are very low for safe, interest-bearing investments, and savers have found the environment to be challenging. Let’s review Figure 1. Two things stand…
Intentionality and Your Retirement – January 20, 2021
Did you know— Almost half of all Americans do not have a 401k account. Two-thirds do not have an IRA (Individual Retirement Account). One-quarter of…
Covid Crimps Retail Sales – January 19, 2021
New daily Covid cases spiked higher in the fall and have remained elevated, according to data from Johns Hopkins. At over 200,000 per day, cases…
New Year New Highs – January 13, 2021
Major stock market indexes climbed to new highs last week, as the economic narrative from last year carries over into 2021. Low interest rates offer…
Record Highs Greet the New Year – Jan 11, 2021
On Thursday, the Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 Index all closed at record highs, surpassing, 31,000, 13,000, and 3,800,…
Simple Financial Resolutions That Get You Off to a Fast Start in 2021
We make New Year’s resolutions, but few seem to follow through. Yet, a New Year gives us a new beginning. It’s time to look forward…