by Daniel White | Jan 9, 2023 | Economy
January 9, 2023 As we start 2023, everyone wants to know how high will interest rates go and if there will be a recession. Time will tell, of course. But a Federal Reserve official warned that the federal funds rate might have to hit 5-7% to get inflation under...
by Daniel White | Dec 26, 2022 | Economy
December 26, 2022 We might be in for quite a ride to nowhere with the stock market over the next several years. More specifically, I mean we might enter and remain in a sideways market. That’s when major stock indexes fluctuate up and down, but don’t create new highs...
by Daniel White | Dec 19, 2022 | Economy
December 19, 2022 According to one prominent prognosticator, your savings are at risk of succumbing to another huge crash. Yeah, sure. Who is saying this? It’s someone to take seriously. It’s someone who predicted the collapse of the housing industry and resulting...
by Daniel White | Dec 12, 2022 | Economy
December 12, 2022 The latest stock market rallies could be more fragile than you think. As I mentioned last week, a positive dose of inflation news sent markets soaring, even though year-over-year inflation remains at its highest levels since the 1980s. Despite these...
by Daniel White | Dec 5, 2022 | Economy
December 05, 2022 There’s been positive news on inflation. Unsurprisingly, many stock traders and opinionators acted as if the “good ol’ days” of constantly rising markets were back. Peak inflation must be behind us, right? Well, a positive inflation reading doesn’t...
by Daniel White | Nov 28, 2022 | Economy
November 28, 2022 September was bad for stocks. But an October rebound made everyone think all is well and it’s time to jump back in the market. That might be premature. While history isn’t guaranteed to repeat, there are certainly lessons to be learned from looking...