Once again, last week’s economic news was disappointing overall, with a few bright spots.
May 2, 2016
Once again, last week’s economic news was disappointing overall, with a few bright spots.
May 2, 2016
Following a strong March, markets suffered a pullback in early April after analysts cut forecasts for first-quarter earnings growth and worries about the economy resurfaced. Though markets recovered, we were left wondering: was the pullback a sign of things to come, or will we see markets continue to move along?
April 29, 2016
Following up on yesterday’s post, let’s take a look at how the income approach to retirement investing might play out in practice. (I'd like to acknowledge David Rosenberg of Gluskin Sheff, whose recent newsletter inspired this topic.)
April 28, 2016
Since I turned 50, the idea of investing for retirement has taken on significantly more relevance. Not that I plan on retiring soon, but there’s something about the big 5-0 that makes you think it might not be so far off.
April 27, 2016
In yesterday’s post, I mentioned that lower government spending has been a big factor in the slow U.S. economic recovery. But it’s not the only culprit. Today, we'll take a look at three major headwinds to economic growth and whether they're likely to continue going forward.
April 26, 2016
This afternoon, I’m speaking to a group of investors on the subject of worry—worry about the economy, about investments, and about meeting their financial goals. A couple of years ago, we were worried about high oil prices, China taking over the world, and a weak dollar, to name a few. Now, of course, we’re much wiser: we worry about low oil prices, Chinese collapse, and the strong dollar.
Last week’s economic reports were, once again, weaker than expected. Housing news was mixed, with industry sentiment remaining healthy but failing to improve while starts pulled back. On the other hand, sales of existing homes jumped, reversing a decline in the previous month.
April 22, 2016
Yesterday, I wrote that the U.S. economy, especially on the jobs side, remains basically healthy and even strong. At the same time, risks around the world seem to be receding. Chinese growth looks like it’s picking up, Europe also seems to be responding to central bank stimulus, and most of the things we were worried about over the past six months haven’t turned out so bad.
April 21, 2016
For well over a year, I’ve been saying that job growth is not quite in a boom, but you can see one from here. After all that time, I think that we’ve largely arrived.
April 20, 2016
In my post last week about the election and financial markets, I wrote that it was too early to worry about what the candidates are likely to do if elected. That remains true, but the New York primary results suggest it’s not too soon to think about what the rest of the race might look like—and what that might mean for the economy and the markets.
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