Yesterday I promised to share the case for a continued bull market. Arguing for a continuing rise in stock prices, Donald Luskin, chief investment officer at Trend Macrolytics LLC, wrote…
Is a Market Bubble Coming? Yes and No.
Reasonable arguments can be made that stocks are overvalued and that a correction or even a bear market is imminent. Reasonable arguments can also be made that stock prices are…
Gold May Have Another Solid Year
While tax reform and deregulation may combine to boost the stock market through 2018, some investors are understandably concerned about excessive stock valuations and the potential for a stock market…
Consumer Spending Up
One of the New Year’s predictions we made last week has already come true. We predicted that tax reform would result in higher consumer spending, not only because consumers would…
Prediction: Our 2018 Predictions Will Be More Accurate than Paul Krugman’s
We could make bold predictions about the coming year, recognizing that we probably will not be taken to account a year from now if the predictions aren’t true. People don’t…
Trump’s First Year: Stocks Up, Regulations Down
Certainly, President Trump is an imperfect human being. He comes off as a narcissistic bully and some of his many tweets are immature and politically naïve. He lacks his predecessor’s…
Tax Reform: A Recipe for Faster Growth
While one of the longest economic recoveries in U.S. history is still taking place, the current economic expansion has been disappointingly dull. Keynesians in the Obama administration claimed that 2%…
Variable Annuities Can Provide Guaranteed Income
In a recent post about annuities, we noted that their greatest advantage may be that they will typically last as long as you do. Annuities usually provide payment as long…