How big of a deal is the trade squabble between the United States and China? Over the past 20 years, the global Gross Domestic Product has risen from $32 trillion to over $86 trillion, which is a 5% compounded annual rate (CAGR). During this timeframe, China’s GDP grew from $1.1 trillion to $13.6 trillion. The
read more USA + China = 40% of Global Economic ActivityAuthor: chip
Is there Inflation or Not?
According to the BLS inflation measured by the Consumer Price Index increased modestly 1.7% last year. However, for those of us that bills to pay each month some of the items after adjusting for inflation have risen far more than 1.7%. The cost of health insurance rose 10x that amount. How about household repair expenses
read more Is there Inflation or Not?Digital Advisory Investment Platform for All Investors
1DB offers a modern digital advisory solution. Our saving and investing platform empowers working folks by enabling them to have their money professionally managed starting with as little as $1. 1DB’s digital advisory utilizes a hybrid approach to investing and wealth management by blending human insight, ingenuity, and know-how with computerized algorithms to efficiently allocate
read more Digital Advisory Investment Platform for All InvestorsDoom&Gloom? or BeBrave&Buy?
Friday, the S&P 500 fell 2.6%. The headlines over the weekend painted a picture doom and gloom. Since this bull market began back in March 2009, there have been 35 instances where the S&P 500 fell by 2.6% or more. A week later the market has returned an average of 2.7%, with the best week
read more Doom&Gloom? or BeBrave&Buy?224,000 Jobs Added in June Far Exceeding Analysts Estimates
224,000 workers attained employment in June, significantly exceeding analysts estimates. Since President Trump was elected in Nov. 2016, the U.S. economy has added a total of 6,250,000 new jobs, and the workforce has grown by 4.3%. June’s figure is 14.9% higher than Trump’s 195,000 thirty-two month average. Is the economy “really great” as Republicans espouse,
read more 224,000 Jobs Added in June Far Exceeding Analysts Estimates