April 19, 2021 Companies have historically gone through a “business cycle” with periods of growth, contraction, stagnation, and so on. In the past, we’d have expansions and recessions, and authorities would generally stay out of the way to let nature take its course. If they did engage, it was in a countercyclical way – when …
April 12, 2021 In a sky-is-blue revelation, it turns out Americans who are eligible for $1,400 direct payments under the American Rescue Plan support direct government payments to individual Americans. When including the latest nearly $2 trillion stimulus plan, total spending earmarked for COVID-19 relief now come comes to around $6 trillion. That’s roughly $41,870 …
April 5, 2021 It seems the U.S. economy is set to take off. The Commerce Department reported in February that fourth quarter 2020 gross domestic product (GDP) rose 4.1 percent, which was stronger than anticipated. As a result, many forecasters are raising their growth expectations for 2021. Goldman Sachs just increased its GDP forecast to …
March 22, 2021 We’ve discussed letter-based economic recovery patterns in the past. This is when a recovery path takes the form of a letter in graphical form. Currently we seem to be in a K-shaped recovery where the upward facing part of the “K” resembles mostly white-collar workers who may not even realize a pandemic …
March 15, 2021 There is good news on the pandemic. Vaccinations are up. Cases are down, as are deaths. This brings hope for everyone. But for the stock market, it’s as if the pandemic never happened, save for a few weeks of plunging prices last spring. And now markets are approaching bubble territory. We all …
March 8, 2021 Here’s one for the “this could never be good news” file. By the end of the year, a third of U.S. small businesses could close, according to the troubling findings of a Federal Reserve report on American small businesses. The Fed stated around 9 million small businesses are likely to close permanently …
9 Million Reasons There Could Be Another Recession Read More »
March 1, 2021 Not so long ago, retiring with a comfortable nest egg took time, but it was possible. From the late 1960s to 2007 the average interest paid on a 10-year government bond was 7 percent. So, if you worked hard and put your money away in a bond portfolio that reinvested interest, $100,000 …
February 22, 2021 If you don’t think there’s a bubble brewing in the stock market, look no further than Tesla. The electric car maker’s stock opened 2020’s first trading day at a split-adjusted $89.40 per share. It closed on the last trading day of 2020 at $705.67 per share, an eight-fold increase. At the time, …
February 15, 2021 As the COVID-19 pandemic spikes again and federal stimulus trails need, the U.S. poverty rate is exploding at a rate never seen before. In fact, nearly 8 million Americans have fallen into poverty over the last five months alone, a new study shows. The official poverty rate is still relatively low by …
February 8, 2021 Many people travelled over the holiday period, prompting a rebound in U.S. air traffic. Looking at Transportation Security Administration (TSA) checkpoint crossings on a year-over-year basis, after initially dropping by more than 90 percent during the spring, traffic rebounded. In fact, the decline in passengers incrementally improved to where checkpoint crossings were …
Andrew Wood, Dan Simon, and Alison Slezak are investment advisory representatives of and provides advisory services through CoreCap Advisors, LLC. Dan White & Associates, LLC and CoreCap Advisors, LLC are separate and unaffiliated entities. Logos as displayed herein are not intended to imply any endorsement by the owners of such logos of Dan White & Associates.
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