Rising Interest Rates, Savings, and Debt Presented by Marc Aarons I’m reaching out today given the stark financial situation many Americans find themselves in, as they grapple with the Federal Reserve’s historic rate hike campaign and the compounding effects of just-recently cooling inflation. If you are among those facing record-high credit card debt and […]
QUARTERLY ECONOMIC UPDATE THE QUARTER IN BRIEF Two events strongly influenced U.S. and foreign financial markets in the fourth quarter – one unexpected by many, the other widely anticipated. Neither of them particularly upset investors. Donald Trump’s win in the presidential election led to a rally on Wall Street, and the Federal Reserve’s December interest […]
A review of Q2 2016 THE QUARTER IN BRIEF As the first half of 2016 ended, the economy seemed to be repeating the pattern seen in 2014 and 2015 – a poor first quarter giving way to a better second quarter. Monthly indicators showed improvements in consumer spending, retail sales, and manufacturing. Consumer confidence also […]