What Happened to the Recession? Posted on August 22, 2019 By Matt Last week was recession week as the brief yield curve inversion launched a thousand headlines promising economic destruction. Every newspaper had a recession headline or story above the fold. Although there were several days of decent market swings, the recession story seems to have run out of gas as people… Read more
When the Recovery Will End, Emotion, Controversy Posted on July 5, 2019 By Matt When Will the Recovery End? (Spoiler Alert: It’s Already Over) After 10 years, surely the end of the recovery is near? I still see investment products pitched with this kind of wording. It turns out that the recovery ended 84 freaking months ago. Since then, we’ve been in expansion. 84… Read more
News Student Loans Posted on June 26, 2019 By Matt $1.6 trillion of student loan debt is spread among 44 million Americans. More than even avocado toast or a daily latte, student loans are being blamed for Millennials not being able to afford housing (even though they are the largest home-buying cohort). Some Presidential hopefuls say they’ve got the answer… Read more
Investing Zombie Apocalypse? Posted on June 21, 2019 By Matt The bull market is (take your pick): in the late stages of the market cycle in the late innings long in the tooth Let’s get another cliche out of the way and say that bull markets don’t die of old age. Are we headed for a recession or a bear market? … Read more
Investing Do It Yourself or Visit the Barber? Posted on June 17, 2019 By Matt Feed your kids when they are hungry. Clean your kids when they are dirty. That’s all that should be written in stone when it comes to parenting and even that cleaning them thing is not necessarily correct 100% of the time (I was the kid that would go straight back… Read more
Investing ONE TRILLION DOLLARS *pinky* Posted on May 17, 2019 By Matt The Trade War™ wiped over ONE TRILLION DOLLARS from the stock market on Monday. Will the market ever recover from this disaster? It turns out that a trillion bucks ain’t what it used to be. Financial reporters showed Monday’s market movement as -2.41%. Financial entertainers breathlessly echoed the ONE TRILLION… Read more
Investing Don’t Let the Kentucky Derby Pick Your Advisor Posted on April 30, 2019 By Matt Horse racing can be a lucrative business. This year’s Kentucky Derby winner will bring home $1.86 million. The first Saturday in May is the only time America (outside of Kentucky) pays attention to horse racing. This might be stretched out to several weeks if the same horse wins the Preakness… Read more
Opinion How Much Does Money Cost? Posted on April 16, 2019 By Matt The Federal Reserve Bank of St. Louis caught my eye with a tweet the other day: “If you would know the value of money, go and try to borrow some.” This quote from Benjamin Franklin got me thinking about the cost of money and how it impacts a few different… Read more
Investing Where Are We in the Current Cycle? Posted on March 19, 2019 By Matt Glad you asked! This is such a great question. It makes you look smart for asking it. You recognize that the market is cyclical and your question implies that you’re so savvy that you can sync your investing to take advantage of the market’s ebbs and flows. You’re a force… Read more
Investing Golden Paw of Fairness Posted on March 14, 2019 By Matt My older son’s school celebrates a positive trait each month (respect, courtesy, etc) and recognizes students that embody the month’s trait at an assembly. For February, William earned a golden paw award for fairness. I keep thinking about this because while William may display fairness to his fellow students, life… Read more