by Daniel White | Jul 22, 2019 | Economy
July 22, 2019 I ended my last post by saying storm clouds are gathering. Here’s an example. We’ve talked about the inverted yield curve before. It’s happening again as the 30-day Treasury note is paying more than the 10-year Treasury note. Right now, it’s an...
by Daniel White | Jul 15, 2019 | Economy
July 15, 2019 As I wrote earlier this month, American wealth is up. But as my previous post hints, the increase tends to be concentrated on the wealthiest Americans who own stocks. So then, it’s no surprise the wealth gap is widening, even among the richest...
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...
