by Gary Gordon | Aug 8, 2022
It was the worst of times, it was the best of times. On Friday, the Bureau of Labor Statistics (BLS) revealed that the country created more than 500,000 jobs in July. Equally terrific? The data show gains of nearly 1.7 million new positions in just 5 months....
by Gary Gordon | Aug 3, 2022
Is the U.S. economy experiencing a recession? Technically… yes. According to the world’s leading dictionary publisher, Oxford Languages, a recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally...
by Gary Gordon | Jul 27, 2022
Households as well as businesses feel wealthier when their stocks, bonds and real estate are gaining in value. It’s called the wealth effect. The problem with wealth effects? They often reverse course and, eventually, cause market participants to curb...
by Gary Gordon | Jul 20, 2022
Scores of pundits are getting bullish on stocks. Their reasoning? We may have reached peak pessimism. For example, small businesses have never expressed more concern about the outlook for future business conditions. However, the stock market is probably not...
by Gary Gordon | Jul 13, 2022
In 1973, OPEC’s oil embargo sparked shortages throughout the U.S. I was only six years old at the time, though I still remember waiting with my father for hours on lines at the gas station. Energy inflation played a huge role in the 1973-1974 bear market. It was...
