Why you should ignore the media when retirement planning.
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 […]
Last Friday, payroll employment data, from a survey of businesses, showed the US created just 98,000 jobs in March. The consensus of forecasters had expected job growth of 175,000. The other jobs number, which comes from a survey of households, showed 472,000 new jobs in March. Private jobs have now grown for 85 consecutive months, […]
Brian Wesbury’s Monday Morning Outlook article: One of the reasons the current economic expansion has been a Plow Horse rather than a Race Horse is the lack of monetary velocity, which is how fast money circulates through the economy. Velocity has been slow for a lot of reasons, including banks rebuilding capital after 2008-09, Dodd-Frank, […]