Executive Summary Third quarter real GDP grew at a 4.9% annualized rate, yet many people are expressing concern about rising interest rates and soaring prices. So, are things rosy? Remember that 70% of GDP comes from consumer spending, which was the main contributor to third quarter growth [...]

Executive Summary Forecasting corporate earnings seems to be an exercise in futility, and Wall Street analysts are always going to error on the optimistic side – even in an economic downturn. The second graph illustrates the profit drop of the pandemic, the resulting spike caused by extreme [...]

Executive Summary Some investors think “valuation” is a dirty word and is some type of market timing indicator. On  the contrary, valuation determines whether prices are reasonable based upon historical standards.  Economist Dr. John Hussman has done extensive research on the accuracy of valuation  methodologies, and the [...]

Executive Summary As a result of the COVID19 pandemic, student loan payments were suspended. However, on October 1 the payments resume, which will affect around 28 million borrowers. On average these payments will be about $350 per month, which reallocates around $7-8 billion per month from consumer [...]

Executive Summary As a result of the COVID19 pandemic, student loan payments were suspended. However, on October 1 the payments resume, which will affect around 28 million borrowers. On average these payments will be about $350 per month, which reallocates around $7-8 billion per month from consumer [...]