Over the past several weeks the market has fluctuated dramatically from one day to the next. Two weeks ago, the Federal Reserve lowered rates 0.25% (25 basis points), leaving some institutional investors pleased while others thought a mere 25 basis […]
On Wednesday, July 31, the Federal Reserve lowered the discount rate charged to financial institutions by 25 basis points (0.25%) making this the first rate cut in eighteen months. On Thursday, President Trump announced the intent to impose a 10% […]
As most of you know, I am a pilot and I enjoy flying all over California. As I write this UPdate I am returning from the week-long AirVenture, the largest aviation event in the world on 200+ acres held at […]
DISCLAIMER The views expressed in this video are the personal views of the authors pictured only and do not necessarily reflect the views of the author’s employer. The views expressed reflect the current views of the author as of the […]
Back in mid-1992, the economy was technically recovering from the recession. However, even with a steady rate-reducing strategy that began in 1989 by then Federal Chairman Alan Greenspan, voters perceived a still stagnant economy. James Carville, campaign strategist for candidate […]
The stock market continues to soar with the S&P 500 rising +1.7% last week and closing just under its all-time high of 3000. For the week, the DJIA rose 1.2% closing at 26,922 and the NASDAQ rose 1.9% closing at […]
The S&P 500 closed out the first half of 2019 with a torrid gain of 17.3%. This is the best first six month gain for the index since 1997 – all the way back to when Bill Clinton was President. […]
