Archive for May 2023
Two Outcomes – A Reminder
In the June issue of the “You May Not Know Report,” a written newsletter delivered monthly to clients of our firm, I outline the Fed’s two policy options moving ahead. Both options will produce a difficult economic and investing outcome for retirees and aspiring retirees. And, both options require an investor prepare for…
Read MoreVery Disturbing Credit Card Data
Previously, I have written about increasing debt levels in the country among those in the private sector. In short, private sector debt levels have been increasing; specifically, credit card debt has been rising very quickly. Rapidly increasing levels of credit card debt had me concluding that Americans were increasingly dealing with rapidly rising…
Read MoreIs the Fed About to Reverse Course?
The Fed, the central bank of the United States, after increasing interest rates by .25% after its last meeting, issued a statement that was a bit different than other recent statements after the Fed decided to increase interest rates. Here is a comment by Fed Chair Jerome Powell pointing out the differences between the…
Read MoreMore on De-Dollarization
On these pages each week, I often comment on Federal Reserve policy and the effect that it will have on the economy and the markets. The current tightening policy of the Fed, required as a result of the prior easy money policies of the Fed in order to contain inflation, is now the…
Read MoreThe Coming Storm in Real Estate
Did you hear about the latest lunacy out of Washington? Mark my words; it will create yet another headwind for a real estate market that is beginning to flounder without this change. Seems that homebuyers with good credit and larger down payments will now pay more in mortgage origination fees than poorly qualified,…
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