When Will They Ever Learn? | September 25, 2021

When Will They Ever Learn? The title is a line from Pete Seeger’s old folk song “Where have all The Flowers Gone?”, which has been recorded by many artists over the years. Whether we speak of war and peace, as the song does, or economies, it is a cyclical world. The past is typically prologue. […]
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Economic Growth Weakens While Inflation Rises | September 18, 2021

Economic Growth Weakens While Inflation Rises Why may we see economic growth continue to weaken in the coming months? Delta Variant upsurge causes consumers to pair back spending Unemployment benefits ending Hurricane Ida effects Looming government shutdown Why may inflation continue to rise? Material shortages Labor shortages Supply chain delays In our view, we believe […]
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Waiting for Godot | September 11, 2021

Waiting for Godot If you’ve been waiting for a correction, it’s been like waiting for Godot. The statistic of the week was that we have not had a 5% correction since last October. If that holds up for the rest of the year, it will only be the third time that has happened since 1980. […]
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When is it Too Much? | September 4, 2021

When is it Too Much? First the pandemic bred fear, and then it bred money. Clearly there was a great financial need among many millions of Americans as the pandemic closed down the economy in the Spring of 2020. Congress came out swinging with several bills, spending trillions of dollars in an attempt to offset […]
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Tapering is Not a Fashion Statement | August 28, 2021

Tapering is Not a Fashion Statement There’s been a lot of talk about tapering lately and we’re not talking about the slim fit that is the style for men these days, we’re talking about the Fed’s balance sheet. Here’s what you need to know. For most of the period from late 2008 to today, the […]
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Take a Test Drive… | August 21, 2021

Take a Test Drive… As much as we hate dealing with car salespeople, we love the test drive. We imagine ourselves driving down the street waving to friends in our favorite, brand new car. No doubt, that’s fun, but in the end, it’s just a car. Maybe it’s time we started to feel the same […]
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Don’t Count Your Chickens… | August 14, 2021

Don’t Count Your Chickens… There was a lot of talk about infrastructure this week and much of it was rather confusing. First the Senate passed the $1 trillion bi-partisan infrastructure bill, which addresses traditional infrastructure spending, like roads, bridges, broadband, community redevelopment, etc. That was followed shortly thereafter by passage of a $3.5 trillion budget […]
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