Big Economic Growth May Last…Really

December 10, 2018 |Daniel A. White While it’s not hard to find people saying an economic dip is around the corner – even I write about it sometimes – the recent past has been tremendous and may set us up well for the future. Forecasters don’t...

Is the Bear Market Hibernation Over?

December 3, 2018 |Daniel A. White The popular television series “Game of Thrones” has a famous saying – “winter is coming.” In the show, the phrase is a warning that tough times lie ahead, and cautious preparation would be a wise course of action. Well, when talking...

Take 10-Year Average Returns with a Pile of Salt

November 26, 2018 |Daniel A. White When people look at investments, we can’t help but factor in past performance. In the disclaimers we’re expressly told not to do that. But it happens nonetheless. But these performance numbers are simply snapshots in time. And for...

Spending, Not Tax Cuts, Driving Deficit

November 19, 2018 |Daniel A. White Here are a few quick facts… The federal budget deficit is $782 billion in 2018, which is up 17 percent from last year’s $666 billion shortfall. Federal revenues were up 1 percent over last year, which isn’t a lot, but it’s an...

Fed Cornered on Monetary Policy?

November 12, 2018 |Daniel A. White Federal Reserve Chairman Jerome Powell is in a tough situation. Americans expect him to pull the right levers, so the economy remains strong and inflation doesn’t run rampant. That isn’t the tough part though. Every Fed chair is held...