Monetary Policy Roster Overhaul in Store

January 22, 2018 |Daniel A. White After Janet Yellen’s departure, there will only be three of seven appointed members on the Fed’s Board of Governors. These positions are appointed by presidents, and are structured such that they will be minimally affected by the...

Bear Markets Appear When You Feed Them

December 26, 2017 |Daniel A. White Is there a bear market waiting to pounce? For the first time since 2010, defaults on consumer loans are rising. Accompanying that, transportation stocks have been in a general decline.  These two indicators combined suggest...

Growth Up, Unemployment Down – Is it Sustainable?

December 18, 2017 |Daniel A. White Despite two hurricanes that destroyed large swaths of American cities, we’ve had two consecutive quarters of 3 percent gross domestic product (GDP) growth. Given our recent past, that’s no small feat! While hurricanes are a...

GOP Tax Reform: “Give” and Take

December 11, 2017 |Daniel A. White Some say the new tax reform bills only amount to a tax cut for the richest Americans. But what seldom gets mentioned about these bills is, that while there are tax cuts for Americans of all income levels, an additional tax bracket is...

The Big Tax Reform Disconnect

December 4, 2017 |Daniel A. White The focus changes daily in Washington, but there is one matter that seems to capture everyone’s attention regularly – tax reform. Both bodies of Congress have presented competing bills, and the gulf between seems wide.  But...

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...