A Slow Go Down Under…and at Home

May 13, 2019 |Daniel A. White There are recession signs everywhere. And you can tell the Federal Reserve understands because it isn’t raising interest rates. The Fed’s rate hikes and asset tightening were adversely affecting markets, liquidity, and the types of...

Economic Gauges Reveal Potentially Stark Future

May 6, 2019 |Daniel A. White Last month the Federal Reserve pulled a 180. It said rates would not change, signaling a dovish turn away from the promised “normalization” we were moving towards (a promise a decade in the making, by the way). This month? It seems...

Warnings Signs Abound in This Market Rebound

April 22, 2019 |Daniel A. White While the market has performed pretty well so far in 2019, the threat of a sharp correction or bear market remains as present as ever because the market remains historically expensive. The Shiller Price-to-Earnings (P/E) Ratio,...

Why the Federal Reserve Pulled a 180

April 15, 2019 |Daniel A. White The Federal Reserve increased interest rates in quarter-point increments four times last year. The same plan was expected to take place in 2019 while the Fed also sold $50 billion worth of bonds per month. The conventional thinking was...

U.S. Consumers Lose in Trade War, No Matter What

April 8, 2019 |Daniel A. White The U.S. trade deficit hit set records last year, and that’s not a good thing. While the tariffs were supposed to help reduce the deficit, they’ve only made it worse. A new Princeton study says tariffs hurt U.S. consumers (not our...