Is the Path Set?

2020-06-30T17:54:35+00:00June 30th, 2020|Categories: INVESTMENT|

Executive Summary The fiscal dilemma for the Federal Government did not begin with COVID-19.  Although, the impact of the “solutions” for the pandemic are compounding the predicament.  Adding the effects of the COVID-19 recovery plans, the 2020 deficit was projected in April of this year by the [...]

How is Real Estate Holding Up?

2020-06-23T17:40:39+00:00June 23rd, 2020|Categories: INVESTMENT|

Executive Summary In this market update, I take a look at the macro real estate market – recognizing that real estate is local.  The Atlanta Fed GDPNow forecast estimates second quarter annualized GDP will fall 45.5%.  And as shown in the second graph below, existing home sales [...]

When is the Hole Too Deep?

2020-06-16T15:30:23+00:00June 16th, 2020|Categories: INVESTMENT|

Executive Summary Subsequent to the 2008 Financial Crisis, the Federal Reserve Bank dropped interest rates to near zero percent and created money in attempts to stimulate the economy.  Instead of being used for business investment and expansion, the printed money created asset bubbles everywhere.  Recessions are a [...]

Is the Devil in the Details?

2020-06-09T15:14:01+00:00June 9th, 2020|Categories: INVESTMENT|

Executive Summary Last Friday the stock market soared upon the release of a “stunning” May jobs report.  The “gain” of roughly 2.5 million jobs versus the estimated 7.5 million job losses resulted in an unemployment rate of “only” 13.3%.  However, the report included a mistake!  The Bureau [...]

Should Investors Embrace Their FOMO?

2020-06-09T15:25:47+00:00June 2nd, 2020|Categories: INVESTMENT|

Executive Summary Presently, investors are rightfully confused by the diametrically opposed forces influencing markets.  Many have asked: Why are the markets not dropping?  There are two competing forces: economic reality versus Federal Reserve Bank efforts to save the day through more debt and money creation.  With the [...]