by Daniel White | Sep 18, 2023 | Economy
Monday, September 18, 2023 U.S. credit card debt just topped $1 trillion for the first time ever. Balances grew by $45 billion in the second quarter alone, according to the Federal Reserve. On top of that, credit card delinquencies hit an 11-year high, meaning...
by Daniel White | Sep 11, 2023 | Economy
Monday, September 11, 2023 There’s a rule of thumb to figure out how much stock you should own: subtract your age from 100 and the answer is the percentage of stocks that should be in your portfolio. Say you’re 60 years old, that means your portfolio should be about...
by Daniel White | Sep 4, 2023 | Economy
Monday, September 04, 2023 The financial industry has so much informational firepower, yet nobody can beat the market. S&P Global tracked the performance of actively managed mutual funds in 2022, a year in which the S&P 500 lost 18%. Even in that environment,...
by Daniel White | Aug 28, 2023 | Economy
Monday, August 28, 2023 Stocks are doing great. After a disastrous 2022, this year has been basically the opposite. However, I’m going to give you three reasons it may be time to moderate your market optimism. In my opinion, I think it’s safe to say at this point U.S....
by Daniel White | Aug 21, 2023 | Economy
Monday, August 21, 2023 Everyone thinks there will be a recession. I’m not sure because I think consumer spending could keep us afloat. But there is another brewing crisis that could plunge us into a recession: commercial real estate vacancies. During the first three...
