Never Say Never?

There are those who believe that the U.S. can avoid an economic downturn while simultaneously battling a 40-year high in the inflation rate. The problem? There has never been a time when annual inflation has been reined in by more than two percentage points without a...

Coming Unglued

The Federal Reserve electronically created close to $5 trillion for the U.S. government to hand out in the pandemic. Here in 2022, we are seeing the consequences of our government’s money printing gone awry. For instance, 2020 investors “took advantage” by...

Already in Recession?

Are we already in a recession? It’s certainly possible. The economic world typically defines a recession as having two consecutive quarters of negative growth. The measure of that growth? Gross domestic product (GDP). GDP contracted in Q1. And according to the...

Demand Destruction

Depending on the measure, housing has rarely been less affordable. For instance, if one looks at average (median) household income as a percentage of median new home price, homes have never been less affordable. If one simply looks at mortgage payments, however, the...

The Shortest of Memories

The stock market ravaged the tech-heavy Nasdaq in the 2nd half of the year 2000. In just six months, the large-cap growth segment plummeted 40%. It was not nearly as bad for the S&P 500. Just a 10%-plus correction. A monumental buying opportunity, experts...