A Fed Rate Cut and the Economy
This summer has been interesting. Thus far, temperatures have been at a maximum for much of the country, while typical summer storms have been at a minimum. A parallel can be drawn for the financial markets: Major stock indexes are hovering near record levels, while other asset classes like bonds…
Tweaking Our Forecasts
Recession fears from the yield curve inversion offset the boost from the tariff delay. Trade fears swung around stocks last week before some tariffs were delayed August 13 to avoid impacting the holiday shopping season. On August 14, the first inversion of the 2-year/10-year Treasury yield curve since 2007 sparked…
08-16-19 Weekly Bottom Line
There was no summer vacation from financial market volatility last week as investors were increasingly worried that the global economy is about to slip into recession. The difference between the 10 and 2-Year Treasury yields turned briefly negative last week, sending a signal that bond investors expect the economy to…
Doug English on NPR: Are Stocks Peaking Again?
2019 has been an exceptional year for the stock market, but what’s next? Doug English, CFP® discusses his thoughts on this past year and what might be next for the economy. Click the link below to listen to the replay. “We have been surprised and delighted with the scale of…
Fed’s Course Correction
The Federal Reserve (Fed) completed its U-turn in policy last week. Policymakers announced a 25-basis point (0.25%) rate cut July 31, its first in 10 years. If you are having trouble viewing the Weekly Economic Commentary below, please click here. Looking for last week’s edition? Please click here.
Longest Economic Expansion Ever
Happy Birthday, United States of America! As we celebrate our nation’s birthday, U.S. leadership on the world stage remains in focus. We received good news on the global trade front from the recent G20 Summit in Japan. President Trump and China’s President Xi agreed to a trade truce, clearing the…
Wes Johnson on NPR: Creating a Solid Financial Plan
In today’s age of widespread and available information, Wes Johnson, CFP® says he continues to be amazed at the misconceptions and mistakes he uncovers regarding a financial plan. Click the link below to listen to the replay. “A full-fledged financial plan will take into account all aspects of your household…