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 […]
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 […]
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 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.
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, […]
People worry about current events affecting their retirement funds. If you invest correctly, there is no one event that can affect your retirement portfolio. Watch our video blog from Rogan & Associates founder Michael Rogan for more on this topic.
Trade is not our enemy: Wesbury’s Monday Morning Outlook We think it was Art Laffer who said it best. Let’s say the US invented a cure for cancer and China a cure for heart attacks. If China decided to ban the cure for cancer, should the US retaliate by banning the cure for heart attacks? […]