Making the economy, markets, and personal finance less complicated

Michael, with the help of his investment team, share weekly thoughts on current economic and market happenings as well as things investors may be overlooking mixed with some personal financial planning guidance.

Recent Posts

  • Economics

    Poor Policy Is Keeping the Poor, Poor

    Sep 18, 2020

    The current recession has further highlighted, and exacerbated, the wealth gap in the United States.  Many people in the top 1%, 5% or 10% of the US income and…

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  • Economics

    Checking in on the Housing Market

    Aug 19, 2020

    This morning we received some data that support the narrative of a rapidly recovering housing market. Housing starts and building permits surged 22.6% and 18.8…

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  • Economics

    The Sagging Dollar

    Aug 7, 2020

    I've received a few questions about the recent drop in the dollar.  Currencies can be a complicated subject, but I'll try to make the topic a little easier in …

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  • Economics

    Just How Bad Is It?

    Jul 31, 2020

    We finally received the first estimate of second-quarter GDP this week, along with a bunch of other data.  Though the figure wasn't quite as bad as the consens…

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  • Economics

    Cognitive Dissonance

    Jul 24, 2020

    The S&P 500 continues to grind higher, and it is now just 3.5% away from the all-time high posted in February. As is usually the case with bull markets, go…

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  • Economics

    Which Is the Boogeyman, Inflation or Deflation?

    Jun 11, 2020

    The moderate inflation we were experiencing prior to the COVID-19 outbreak has fallen off a cliff.  Yesterday we received word that the Consumer Price Index (C…

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  • Economics

    The Paradox of Thrift

    Jun 4, 2020

    We received some fairly stunning data out of the Bureau of Economic Analysis (BEA) last Friday.  The government agency reported that Personal Income rose at a …

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  • Economics

    China Tensions Could Kill This Bullish Recovery

    May 28, 2020

    The world's second-largest economy suspended guidance on its gross domestic product for the first time in 25 years, citing pressures from the coronavirus and t…

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  • Economics

    New Economy, New Market, New Playbook

    Apr 23, 2020

    Less than two months into social distancing, working from home and an induced economic coma, pundits and prognosticators, both the political and the reasonable…

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