January 3, 2017
Looking ahead into 2017, one big theme that will carry over from last year is the positive change in confidence. Consumer confidence has increased dramatically, especially since the election, and just spiked to a point last seen in 2001. Business confidence continues to rise and is now at a level not seen since 2007.
January 3, 2017
Last month was all about confidence: for the consumer, for business, and in the stock market.
December 29, 2016
As I’ve said many times before, I believe that gratitude is a foundation for both happiness and a mindful life. Every day, I write down at least three things I’m grateful for, a practice that is proven to increase well-being. Beyond that, I also try to make time every couple of months to really think through my life and all I have to be thankful for.
December 28, 2016
After the Trump bump and the Santa Claus rally, stocks slumped today, stalling the drive for Dow 20K. With all 11 S&P sectors lower, is that milestone slipping out of reach?
December 28, 2016
I wrote this post a couple of years ago, but the ideas here still hold true. In some respects, they're even more apt now than they were then. As we approach the New Year, it's a good time to examine our portfolios (and our lives) and ask ourselves what we could be doing better. — Brad
December 27, 2016
Last week’s data was generally positive, with the housing market doing well and business investment improving. Consumer income and spending growth paused, however, suggesting that we need to keep an eye on the situation of the average American consumer.
December 20, 2016
It’s the most wonderful time of the year!
I suspect many of you are as tired of hearing that as I am. I love the holiday season, but the endless repetition of carols can get to you after a while. (In my case, I attribute it to high school jobs working in a department store. By the time I left for the day, I wanted to go after Frosty with an icicle.)
December 19, 2016
Last week’s economic data wasn’t really terrible, but it was disappointing after the surprisingly strong numbers we’ve seen in recent weeks. Both consumer and business showed lower-than-expected gains and largely failed to meet expectations. Although the economy continues to improve and trends remain positive, the stream of positive data took a breather last week.
December 16, 2016
It was 243 years ago today that a group of Massachusetts Bay colonists threw the Boston Tea Party, protesting a law they did not like by dumping tea from British ships into the harbor. This, of course, led to further British laws and colonial unrest—and eventually to where we sit today, in the United States of America instead of Greater Britain.
December 15, 2016
The outcome of this week’s Federal Reserve meeting was as everyone had expected: the Fed raised short-term rates by 25 basis points. The surprising part was the more hawkish tone of the surrounding commentary.
