by Daniel White | Jan 22, 2024 | Economy
January 22, 2024 Bankruptcies are bad. They certainly matter and aren’t looking good today. However, people often get too caught up with bankruptcies, especially when they’re only one piece of the puzzle. See, when companies are stressed, they have more options than...
by Daniel White | Jan 15, 2024 | Economy
January 15, 2024 Higher interest rates have essentially stalled out the U.S. housing market. It could greatly damage the economy. Even after falling from a multi-decade high of 8.5% in October, the average 30-year fixed mortgage rate remains greater than 7.0%. And...
by Daniel White | Jan 8, 2024 | Economy
January 08, 2024 While the outlook was doom and gloom for most of last year, stocks did great. The S&P 500 was up almost 25.0% in 2023. The popular “60/40 portfolio,” which consists of 60.0% stocks and 40.0% bonds, had a terrible year in 2022, losing 15.8%...
by Nick Vecore | Dec 26, 2023 | Economy
December 26, 2023 Everyone from the government to everyday Americans seem to be spending like there’s no tomorrow. It’s led to annualized gross domestic product growth of 4.9% for the third quarter. There’s a problem though: the finances to back up the spending aren’t...
by Daniel White | Dec 18, 2023 | Economy
December 18, 2023 It’s a bad time to need money. Case in point: for the second year in a row, high-yield bond issuances are falling. In 2022, issuances fell by more than $280 billion, or 12% of the total market size. This year they’re set for another 10%...
