After an ugly close to 2018, the financial markets have leapt off to a strong start in the new year with the S&P 500 up almost 7% year-to-date. While many of the economic issues that lagged the market are still unresolved, the bulls are running on Wall Street again. It’s amazing that in just 20 days, the market has gained back all of last year’s … Continue reading Inflation Expectations – Up or Down?
The economy is performing about as well as one could hope at this point in time, but you wouldn’t know it to watch political ads on TV. Despite quarterly GDP growth reaching 4%, the S&P 500 up +30% over the last two years, the unemployment rate at 3.9%, and consumer confidence approaching all-time highs – every political ad is full of gloom & doom. Despite … Continue reading Mid-Term Elections – Plan For More Inflation?
Our son headed back to college this weekend – ending our ‘No Responsibility January’ – and starting his Spring Semester. Among other things, this means we need to call our insurance agent this morning and take the car insurance off the vehicle that he drives when he is home. Car insurance runs about $900 annually for the 2004 Acura TSX that he drives when he … Continue reading Car Insurance Rising Fast
We had a great time this past weekend, going out to a movie, attending a black-tie gala, and seeing the hometown Minnesota Vikings win at their new stadium. It is always fun to get out and be entertained, but I am amazed at out how expensive things have become. Going through some old ticket stubs recently, I came across a stub from a Madonna concert … Continue reading The Price Of Entertainment Keeps Rocking Higher