December 2019 Financial Markets Summary Last month we discussed how the consumer has really driven the economy in 2019. Based on the recent sales data, the consumer doesn’t appear to be slowing at all. According to the Wall Street Journal, “shoppers increased their spending by 16% over the five-day shopping period between Thanksgiving and Cyber…
February 2019 Financial Markets Summary Wow, what a difference a month can make! The 4th quarter ended on a sour note with domestic stocks down by -14% to -21% and international by -7% to -13%. To put this into historical perspective, the S&P 500 has experienced 16 quarters of double digit losses dating back to…
Economic and Investment News Bits So goes Jan, Feb, Mar, April, May, June and July: Only the 4th calendar year in history (since 1926) that the first seven months of the year were all positive for the S&P 500 Index. (Source: BlackRock) The worst performing month for the S&P 500 has been August, suffering an…
The fifth in a series of articles For me there has always been a disconnect between the concept of wealthy living and the size of a person’s bank account, retirement account, or other traditional measure of wealth. Enjoying a wealthy life should not be determined by how much money one makes or has amassed. Wealthy…
