Category Thursday

04-APRIL 06-2023

Good morning. Last year, we had two consecutive quarters of negative GDP growth.  While that’s historically been the definition of a recession, the data was somewhat ignored by the media at the time.  Today, however, we face a slowing economy,…

03-MARCH 30-2023

Good morning. We’ll jump the gun going into April and the big financial event of your year: Tax season.  While you’re putting together all that paperwork, the IRS just put out a report on the taxes it collected for 2021. …

03-MARCH 23-2023

Good morning. Oil prices have inched back to $70 per barrel, after dropping to one-year lows.  Some analysts, such as the one at Goldman Sachs, sees the price potentially doubling this year to $140.  The reason?  A potential supply crunch…

03-MARCH 16-2023

Good morning. The banking fears in the market won’t last long.  Last weekend saw the announcement that depositors will be protected well beyond the FDIC’s prior $250,000 cap.  And while some banks may need capital in the coming weeks, further…

03-MARCH 09-2023

Good morning. Financial markets have bumped up their bets for a 50-basis point increase the next time the Federal Reserve meets later this month.  About half of traders expect the move, up from 30 percent before Chairman Jerome Powell suggested…

03-MARCH 02-2023

Good morning. The pandemic shutdown and reopening created a massive opportunity for wage growth in the United States as millions switched jobs.  While reports of the “great resignation” were short-lived, wage growth lives on.  And that may be continuing source…

02-FEBRUARY 23-2023

Good morning. You probably haven’t heard much about Rajiv Jain.  But you probably will if his track record continues.  He’s a founder at GQG Partners, a value-oriented firm that has taken on the mantle of being the “anti-Cathie Wood.” Unsurprisingly,…