Market Insights

Making the economy, markets, and personal finance less complicated

  • EconomicsInvestment Strategy

    Hit ‘Em Where They Ain’t

    Nov 12, 2020

    Generally speaking, the developments over the past couple of weeks have been received positively by investors…VERY positively. As I write, the S&P 500 is u…

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  • Economics

    What Are the Markets Telling Us?

    Nov 4, 2020

    Anyone who stayed up past about 11:00 last night watching the election returns knows that the polls pretty much got it wrong . . . again. The much-vaunted “bl…

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  • Economics

    Tallying It Up

    Oct 22, 2020

    The word “trillion” is thrown around quite casually these days in Washington.  Hearing members of Congress go back and forth using such massive denominations i…

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  • Economics

    Don’t Believe the Hype!

    Oct 7, 2020

    Last Friday we learned that the unemployment rate fell to 7.9% in September, which is well below the peak of 14.7% in April of this year. The news was taken by…

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  • Economics

    Housing — A Curse in Disguise?

    Oct 1, 2020

    In recent months economists have consistently pointed to the housing market as a sign of economic strength. And it is...unless you don't own a house. But more …

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  • Economics

    Poor Policy Is Keeping the Poor, Poor

    Sep 18, 2020

    The current recession has further highlighted, and exacerbated, the wealth gap in the United States.  Many people in the top 1%, 5% or 10% of the US income and…

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  • Economics

    Checking in on the Housing Market

    Aug 19, 2020

    This morning we received some data that support the narrative of a rapidly recovering housing market. Housing starts and building permits surged 22.6% and 18.8…

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  • Economics

    The Sagging Dollar

    Aug 7, 2020

    I've received a few questions about the recent drop in the dollar.  Currencies can be a complicated subject, but I'll try to make the topic a little easier in …

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  • Economics

    Just How Bad Is It?

    Jul 31, 2020

    We finally received the first estimate of second-quarter GDP this week, along with a bunch of other data.  Though the figure wasn't quite as bad as the consens…

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