Consumer price changes, depending on which side you are on, buyer or seller, was both good and bad over the past year. Overall, U.S. inflation, as measured by the Consumer Price Index, rose 2.9%. For energy producers, the 26% rise in gasoline prices was a boost, not so, for drivers. TV manufacturers cratered down a
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Will this August be any different?
#August hasn’t been very hot for investors: since 1945, and 2000, the hashtag DJIA posted average price losses of -.26%, and -.79%, respectively and was down for the month 44% of the time. Since the ’09 bull market began the results have been uglier, -1.36% and down 5 out of 9 years.
read more Will this August be any different?What Does 4.1% GDP Mean to Investors?
Market observers are sure to keep a close eye on the economy at large, specifically the Gross Domestic Product (GDP) growth rate, rightfully so. History has shown that economic growth, corporate profitability, and stock prices have paralleled rather nicely from an investors standpoint since the end of WWII, as illustrated in the following chart. In
read more What Does 4.1% GDP Mean to Investors?Is it better to work for yourself or someone else?
Is it better to be an employee of a company, or is working for yourself the way to go? I think the answer depends on an individual’s preferences, inclinations, stress threshold, know-how, and capital resources. That said, according to the Fed’s Survey of Consumer Finances, it is the self-employed that earn the most money with
read more Is it better to work for yourself or someone else?