Category Monday

05-MAY 09-2022

Good morning. People don’t mind inflation when it hits things like assets.  When stocks and home prices are rising, consumers feel wealthier.  This “wealth effect” tends to be beneficial to spending, which then become a self-fulfilling prophecy. The 2009-2020 market…

05-MAY 02-2022

Good morning. While the Russian ruble initially sank following sanctions against the country, it’s since recovered – and moved higher.  That’s because Russia’s resource-rich economy makes it a valuable trading partner, particularly for energy-hungry Europe. Now, the nation is exploring…

04-APRIL 25-2022

Good morning. Federal Reserve Chairman Jerome Powell helped markets sink lower last week, after he strongly hinted that the Fed would raise interest rates 50 basis points in May (Fed-speak for 0.5 percent).  That’s in contrast to the usual 0.25…

04-APRIL 18-2022

Good morning. There’s an old saying that people vote with their feet.  The past two years of rent data, as compiled by Realtor.com, indicates that the pandemic sent many Americans toward the Sunbelt.  From Riverside, California to Tampa, Florida, the…

04-APRIL 11-2022

Good Morning. “Recent geopolitical events have highlighted how investors view gold as an effective and proven hedge.” Gold demand hits highest level in more than two years. Now here’s the rest of the news: Russia Just Made the One Announcement…

04-APRIL 04-2022

Good morning. If you’re an American, your destiny is governed by corn.  The grain is used in a variety of ways, including as a food oil and sugar substitute.  And ethanol blends in the US likewise use corn.  Thanks to…

03-MARCH 28-2022

Good morning. There are a number of proposals on the table today to contend with high gas prices.  While expanding US domestic energy production seems off the table, as does a suspension of the federal gas tax, which adds considerably…