by Daniel White | Jul 8, 2019 | Economy
July 8, 2019 |Daniel A. White Americans are wealthier than ever. The Federal Reserve reported data from the first quarter of 2019 showing American households are worth $108.6 trillion, the highest mark ever recorded. Much of the jump was attributed to stock...
by Daniel White | Jul 1, 2019 | Economy
July 1, 2019 |Daniel A. White We’ve all seen the disclaimer about past returns not predicting future performance. As investors we’re delivered that line ad nauseum. But it’s conveniently forgotten by people in the financial industry. They throw around past performance...
by Daniel White | Jun 10, 2019 | Economy
June 10, 2019 |Daniel A. White Our last post focused on fiscal insanity. Consider this the sequel! U.S gross domestic product (GDP) is currently around $20 trillion, and the Congressional Budget Office projects it to grow. That’s a good thing, especially in...
by Daniel White | Jun 3, 2019 | Economy
June 3, 2019 |Daniel A. White Many economists predict a recession some time in 2020. Should that occur, two things will happen: Tax revenue will fallFederal spending will rise Tax revenue will drop because people will make less and take less home. As a result, many...
by Daniel White | May 28, 2019 | Economy
May 28, 2019 |Daniel A. White The next recession will be made worse by the collective monetary policy response of experts to the last recession. That is, index investing was seen as the cure-all for the last recession’s monetary woes. But it’s that exact strategy that...
