The Fed’s Inside Debate

As expected, markets remain volatile and we saw incremental downturns for the S&P 500, Dow and NASDAQ this week. Still, while the bull market is aging, it is alive. U.S. jobs and improved wages, among other factors, support our confidence. Additionally, a 7-week long rally from mid-Feb lows climbed the wall of worry. 2016 will […]

5 Tech Products and the Changing Investing Landscape

It’s no secret that technology is woven into our lives – from how we communicate to how we receive medical care to how we purchase goods, technology is omnipresent. It’s also no secret that, often, winners and losers are borne out of technological innovation. But, that’s no newsflash – automation sometimes results in the loss […]

US Productivity Slowdown Troublesome?

Recent reports on labor productivity in the U.S. have been underwhelming. Labor productivity growth is lagging behind the momentum of the mid-1990s through the early-2000s, creating additional concerns about the “new normal” of economic growth in the U.S. As measured by output per unit of labor hours, its pace has slowed to a +1.2% average […]

Playing Politics with the Economy?

The presidential primary season has hit full stride – cue the rhetoric on everything ‘wrong with the economy!’ In just about every presidential election year, the economy becomes a central issue underscoring its perceived weaknesses. We need more jobs! Raise the minimum wage! We need more tariffs to protect domestic industries! And so on. At […]

Pros and Cons of Britain Leaving the EU

Over the past few months, a growing risk of Britain possibly exiting the European Union (“Brexit”) has risen, particularly as the migrant crisis escalates and as Europe’s ability to contain terrorism is thrown into question. A “Brexit” could have far-reaching consequences for all parties involved. The European Union is Great Britain’s largest trading partner and, at […]

Are Central Banks Out of Options?

A board member of the European Central Bank, Benoit Coeure of France, made a strong point in a recent statement when he said, “…for the recovery to become structural…monetary policy does not suffice.” I think he’s right. The evidence is pretty clear in the global economy today. The Federal Reserve lowered interest rates to the […]

Fed Reducing Planned Number of Rate Hikes

  Fed Reducing Planned Number of Rate Hikes – well that didn’t take long. After a volatile start to the year, as global growth questions mounted, the Federal Reserve Wednesday decided to pare back its schedule for raising interest rates this year. Not coincidentally, the S&P 500 touched its highest mark of the year just following […]

Are We Headed for a Currency War?

Over the past year, mutterings of a “currency war” have become commonplace in the global economic discourse. Suspicions that developed nations are engaging in, or considering, actions to devalue their respective currencies have been growing. As the economic cycle ages, and countries grapple with ways to remain competitive, pressure to devalue ratchets up. When it […]