Since the start of the economic recovery in mid-2009, real GDP has grown at an average annual rate of 2.1%. The second quarter of this year doesn’t look much different. Our calculations suggest real GDP grew at a 2.5% annual rate in Q2, exactly the same as the consensus forecast. That’s an acceleration from the […]
Someone selling insurance or financial ‘products’ does not make them a ‘financial planner’. What does? Watch our video for more information.
Remember the weak May payroll report – just 138,000? Didn’t think so. But, back then, that first report on May was reported as a massive economic slowdown that should stop the Fed from further rate hikes. But the weak May number was due to a calendar quirk that led to an undercount of college kids […]
The Federal Reserve just finished its annual round of large bank stress tests. The banks all passed – meaning they had enough capital to withstand a massive financial shock and deep recession. These stress tests are the political result of the government blaming banks, and not Fannie and Freddie, for the 2008 Panic and are […]
Why you should ignore the media when retirement planning.
What if something happened to you tomorrow? Are you and your family prepared in case of an emergency? Watch our video on this important topic.
While some investors are freaking out about investigations, tweets, or the personality of President Trump, we are still watching policy. So far, some regulation has been rolled back and more is on tap, the Supreme Court has a more market friendly make-up, and there is a hiring freeze on many government agencies. These policies will […]
There is a big difference between a financial planner and an investment advisor. It isn’t about what is hot today in the market, it is about long term planning. Watch our video for more information:
Some articles in the media can diminish your confidence, such as the market is going to go down, the economy is on the verge of collapse, or that you need to have the new hot investment to be wealthy or successful. What you really need is a solid plan, designed specifically for you. Then your […]
Some people in the financial industry feel you should be concerned with what is going on in the world. What really matters is what is going on in your life. Watch our video for more information.