Older Americans are starting to spend this year after being waylaid by the pandemic for the past 2 years, reports The Wall Street Journal. Household spending had a steep drop…
Tag: Economic Trends
The Economy is Running Low on Everything
“Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering,” says a…
Interview with Jeffrey Gundlach on the State of the Financial Market
In a recent Virtu-Mindshare interview, DoubleLine CEO Jeffrey Gundlach offered straight talk on the state of the financial markets and the deficit. Here is a summary of Gundlach’s comments: The…
Excess Returns, Ep. 42: Why the Stock Market is Near All Time Highs Despite the Major Issues in the Economy
We are currently in one of the most difficult economic environments many of us will see if our lifetimes. Even though the unemployment rate has fallen from its high of…
Economic Optimism in Order
Despite the fact that U.S. consumer sentiment has dropped and business activity seems to be slowing, a “period of sluggish growth looks more likely than an outright recession,” according to…
GMO's Montier on the Dual Economy
A Financial Times article offers an in-depth discussion of GMO’s James Montier’s thesis that the U.S. is moving into a “dual economy where productivity growth is reasonable in some sectors,…
Larry Jeddeloh: New Era for Markets is Here
A Barron’s article from August outlines an interview with Larry Jeddeloh, founder of the Institutional Strategist newsletter and the research firm TIS Group, in which he shared insights regarding the…
Ed Yardeni Weighs in On Investing
In a recent episode of WealthTrack, Consuelo Mack interviewed economist and strategist Ed Yardeni, President of Yardeni Research, and asked him about the metrics he thinks are important for investors to…
Lessons Learned from a Decade of Market Expansion
In a recent Barron’s article, Bessemer Trust Chief Investment Officer Rebecca Patterson shares insights regarding the economic expansion that has occurred over the last ten years, “seeking to uncover lessons…
Stocks that Could Benefit from the High Price of Raising Kids
A new report from the U.S. Department of Agriculture found that married, middle-income parents will spend $233,610 to raise a child born in 2015 from infancy to adulthood, a figure…