Scary Good Stock Returns Cause for Fear?

November 6, 2017 It’s been a record-breaking year for the stock market so far. We’ve experienced record high after record high – 62 in all as of this writing. That makes 2017 the third-best year in market history in terms of record highs, trailing only 1965 and...

Tax Tweaks Needed, Even if Full Reform Improbable

October 23, 2017 We’ve heard a lot about President Trump’s upcoming tax reform plans, including slashing business taxes. And while broad reform may be difficult, if not impossible, there are some attainable wins. For instance, high corporate taxes hurt...

2000, version 2.0?

October 9, 2017 The technical indicators of the stock market are reaching crazy levels. In nearly three years, six tech stocks – Facebook, Amazon, Google, Netflix, Apple and Microsoft – have seen their weighted average price-to-earnings ratios increase 50...

A Disastrous GDP Boost

October 2, 2017 The effect of all the recent natural disasters has been huge, and I’m not talking solely about the hundreds of thousands of Americans who lost everything. The effect I’m talking about is economic.  Many cities will need to rebuild. And while...

Heated Fed Debate Continues as Stakes Rise

September 25, 2017 The Federal Reserve is in a pickle. On one hand, it wants to raise rates at least once more in 2017. On the other, it wants to reduce its $4.5 trillion balance sheet. Such behavior often leads to a recession. Is this too much shock to our...