by Gary Gordon | Jun 10, 2020
Roughly half of all U.S. employees work for small businesses. What’s more, small businesses account for roughly half of net job creation. So the fact that small businesses anticipate starting 2021 with three-quarters of the head count that existed at the start...
by Gary Gordon | Jun 9, 2020
Not only is the 2020 stock bubble trading at the most overvalued levels in U.S. history, but stocks are also extremely overbought on relative strength (RSI) indications. Investors would be hard-pressed to ignore the number of S&P 500 constituents that are trading...
by Gary Gordon | Jun 3, 2020
Reasonable estimates suggest that our consumer-based economy will not recover its 2019 GDP glory until 2023. Why stocks trade at 2023 levels in 2020 is bizarre. In truth, households continue to struggle to pay regular bills, with more than one third looking to delay...
by Gary Gordon | Jun 1, 2020
Americans will surely spend some money when the economy “opens back up.” Yet, how much will they consume? As it stands, households are dramatically increasing their savings. And according to a number of surveys, approximately 40% of savers are doing so...
by Gary Gordon | May 29, 2020
Households continue to struggle to pay regular bills, with more than one third looking to delay rent, cell phone charges and other utility payments. That will put a strain on discretionary spending. They certainly don’t seem to be in the market for new cars. And...
