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Monday, November 23, 2020

Who's in charge of fiscal policy? That's the real issue behind the recent dispute between Treasury Secretary Steve Mnuchin and Federal Reserve Chairman Jerome Powell regarding the Treasury's decision to end certain emergency lending...

Saturday, November 21, 2020

Here are the worst 200 passwords of 2020. The list details how many times a password has been exposed, used, and how much time it would take to crack it. We also compare the worst passwords of 2019 and 2020, highlighting how their...

Friday, November 20, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Wednesday, November 18, 2020

After this year, we all need a good laugh!! During Thanksgiving, enjoy one or more of these hilarious movies. -- Comedy generates an immediate, undeniable audience response. If audiences are smiling and laughing, then there's a good...

Monday, November 16, 2020

Give Thanks! The US economy continues to heal. Payrolls keep growing, unemployment claims - though still elevated - are shrinking, key measures of the manufacturing and service sectors remain well into positive territory, and, as this...

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Friday, November 13, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Thursday, November 12, 2020

Attending a good school in the U.S. comes at a price. Since 1985, college tuition has risen by roughly 500%, vastly outpacing almost all other increases in the cost of living. Today, there are more than 4,000 colleges in the country,...

Thursday, November 12, 2020

A fascinating interactive model showing how herd immunity works (with or without vaccines). Read more...

Wednesday, November 11, 2020

Veterans Day is a well-known American holiday, but there are also a few misconceptions about it — like how it’s spelled or whom exactly it celebrates. To clear some of that up, here are the important facts you should know....

Friday, November 6, 2020

Small businesses count on your support. There is so much to be found among the shelves and racks lining Kansas City shops. Here are 88 spots with our favorite shopping right now. Read more...

Friday, November 6, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Thursday, November 5, 2020

If you have had a tough week, science has determined the 10 happiest songs. Read more...

Monday, November 2, 2020

As the US opened up, real GDP rebounded sharply in the third quarter, growing at a 33.1% annual rate. However, real GDP is still down 2.9% from a year ago and the economy got a huge boost from spending by the federal government, which...

Saturday, October 31, 2020

Why do some people have better memories than others? This question has taken on new significance with the explosion of digital culture, which has been associated with memory failure. A new study by Stanford University researchers,...

Friday, October 30, 2020

Let’s start this fact-checking guide with a fact: Despite rising concerns about the spread of fake news, almost one in five U.S. adults mostly use social media to stay current. Read more...

Friday, October 30, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Thursday, October 29, 2020

These charts from First Trust are wonderful food for thought with a matter of days left before Election Day. Enjoy!! First Trust Client Resource Kit: Election Edition

Monday, October 26, 2020

Here is some perspective we would like to share with you in our current times. Click here...

Monday, October 26, 2020

To reiterate, this Thursday morning we expect the government to report a huge, and virtually unprecedented, surge of a 33.4% annualized growth rate in real GDP growth for the third quarter. There are still a few monthly reports due...

Friday, October 23, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Friday, October 23, 2020

These treats will make you the most popular house in the neighborhood. The social contract of Halloween is simple: Provide adequate treats to costumed masses, or be prepared for late-night tricks from those dissatisfied with your offer...

Thursday, October 22, 2020

We found this fascinating and gives you all the probable outcomes of our upcoming election. Electoral College Decision Tree

Monday, October 19, 2020

There is nothing normal about the 2020 recession. Massive nationwide shutdowns of "non-essential" businesses caused real GDP to drop at a 31.4% annual rate in the second quarter, the biggest drop since the 1930s. However, as we...

Friday, October 16, 2020

To identify the best places to retire, U.S. News analyzed data for the 150 largest metropolitan areas in the U.S. to assess how well they meet Americans' retirement needs and expectations. Top criteria include the happiness of local...

Friday, October 16, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Monday, October 12, 2020

COVID lockdowns crushed the economy in the first half of 2020, with real GDP down 5.0% at an annual rate in the first quarter and 31.4% at annual rate in the second quarter, the latter of which was the steepest drop in real GDP for any...

Friday, October 9, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Wednesday, October 7, 2020

Over the past couple of decades, the Federal Reserve has coalesced around an idea about inflation that is little more than theoretical, with no real data to back it up. That "idea" is that 2% inflation is the "correct" amount of...

Tuesday, October 6, 2020

Two years ago we set out to identify a signature dish for each state, from Sonoran dogs in Arizona to cheese curds in Wisconsin. For the second iteration of this list, we wanted to go beyond the classics—the food everyone tells...

Monday, October 5, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Monday, October 5, 2020

If you live in the U.S., chances are you're already planning to do a little fall foliage scouting. But the best fall foliage in the world can be found across the globe, as a backdrop of gold for Bavarian castles, and carpets of rich...

Wednesday, September 30, 2020

The number of myths and misconceptions are plenty when it comes to retirement and retirement planning. Some of these misconceptions are held by retirees and preretirees because of personal biases, lack of knowledge, or wishful thinking...

Tuesday, September 29, 2020

With the presidential election just over a month away, prospects for another round of fiscal stimulus seem to be dwindling. The recent death of Justice Ginsburg and the rapidly approaching election have shifted the Senate's gaze....

Monday, September 28, 2020

This interactive webpage from The Washington Post has some great data to see how your state is faring. Enjoy.

Friday, September 25, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Monday, September 21, 2020

The second quarter of 2020 was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since the Great Depression. However, based on the economic reports we've seen so far, it...

Sunday, September 20, 2020

Celebrating Ike’s political, military accomplishments required compromise between the architect and the president’s family After two decades of debate over how to honor Dwight D. Eisenhower, as well as more recent delays...

Saturday, September 19, 2020

Don’t try this at home. Unless you really know what you are doing. The weeks of self-quarantine have caused all of us to do things we always thought of doing. Frankly, I’ve been so busy with my “day job” that I...

Friday, September 18, 2020

But why is this important?” When we encounter a fashion, a film or some other cultural artifact that the critical establishment has celebrated, it’s easy to not understand it. Taste, after all, is unevenly distributed. But...

Friday, September 18, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Thursday, September 17, 2020

Here is an article from CNBC that explains the Federal Reserve. Read more...

Wednesday, September 16, 2020

As many things have gone virtual, so too has the Macy's Thanksgiving Day Parade. However, let's get through Halloween first and all the logistics of that.

Tuesday, September 15, 2020

A wonderful visual experience on our world economy. Enjoy!! -- The global economy can seem like an abstract concept, yet it influences our everyday lives in both obvious and subtle ways. Nowhere is this clearer than in the current...

Monday, September 14, 2020

As we near the end of the third quarter, key economic reports will be released that will influence our forecast for third quarter real Gross Domestic Product. It will be a very strong quarter. We expect a 25% "annualized" growth rate...

Monday, September 14, 2020

Sometimes I talk about the education-industrial complex on this blog, rarely with kindness. I captured much of that in Stop Stealing Dreams. Readers will see that not once have I criticized a hard-working teacher who meant well....

Friday, September 11, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Wednesday, September 9, 2020

You’ve probably heard the lines about how “40 is the new 30” or “30 is the new 20.” What is this based on? Are they just lines to make older people feel younger? Is it based on how you feel? Is there...

Tuesday, September 8, 2020

While this year has been devastating for restaurants, American barbecue remains as resilient and exciting as ever. We're celebrating the people and places that are hanging on, spectacularly. Read more...

Sunday, September 6, 2020

The Chiefs weren’t always winners. In the years before coach Andy Reid arrived, they had five losing seasons out of six, including two campaigns with just two wins against fourteen losses. Guys like Tyler Thigpen and Brady Quinn...

Friday, September 4, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Thursday, September 3, 2020

With the 2020 Election only 2 months away, we found this chart very interesting and wanted to share it with you. How Stocks Have Fared In The First Year Of A Four-Year Presidential Term

Thursday, September 3, 2020

Parents can do their children a favor if, from an early age, kids hear them say “famous college” instead of “good college.” Because there’s very little data that shows that colleges with big football...

Wednesday, September 2, 2020

Another day, another step closer to real life imitating an episode of Black Mirror. With so many of us cooped up indoors while wistfully staring out our windows as the summer season draws to a close, Spotify has stepped in to help...

Tuesday, September 1, 2020

Time travelers should prepare for tough sledding. If you went back to 1820 or even 1920, all the sudden changes would discombobulate you. And the same is true for someone who came forward to today. We’ve got a deep-seated desire...

Tuesday, September 1, 2020

Remember that fuzzy little feeling called happiness? In case you need a reminder: It was this word we used to use back in 2019 to describe a state of pure pleasure and contentment. Happiness seems to have faded from our vocabulary amid...

Monday, August 31, 2020

… demand systemic solutions. First, we have to pay attention. Then we need to acknowledge that a solution is possible. And then we need to commit. To the long, persistent road to altering the status quo. The world is forcing us...

Monday, August 31, 2020

If you pay close attention to our stock market forecasts, the title of this piece will look familiar. At the end of 2019 we made the same exact forecast for the end of 2020 — the strangest year in our lifetimes, and it's not even...

Friday, August 28, 2020

When I was growing up, my mom used to say, “I never want my son to be a firefighter. He’ll run right into the fire.” I became a pitmaster instead (different kind of fire), but she was right. Once I see a challenge, I...

Thursday, August 27, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Monday, August 24, 2020

The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the long road to recovery has started and, for now, we're penciling in real GDP growth at a 20%...

Sunday, August 23, 2020

After all that is transpired in 2020, it's hard to believe that Election Day, Nov. 3, is 72 days away. You can use this portal to register to vote in your state, check registration deadlines and mail-in voting procedures. You can find...

Saturday, August 22, 2020

The “before times” seem like a decade ago, don’t they? Those carefree days when hugging friends and shaking hands wasn’t verboten, when we didn’t have to reach for a mask before leaving our homes, or...

Saturday, August 22, 2020

As we navigate the new travel normal, making decisions about where to go—or whether to go at all—during a pandemic requires flexibility and informed planning. By the time this issue reaches you, the COVID-19 news will...

Friday, August 21, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Wednesday, August 19, 2020

It was a beautiful 70 degree morning, and since we continue to work from home, I tend to work on my back patio. Mornings like these are the best as it is some much needed vitamin D and just the sounds of nature are soothing to the soul...

Friday, August 14, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Wednesday, August 12, 2020

[This probably impacts every person reading this, but few of us get to decide to fix it.. I figured it was worth sharing so you can share it…] Don’t require special characters (like ! or worse, ‘) in the passwords...

Tuesday, August 11, 2020

It's going to take years for the US economy to fully heal from the economic disaster brought about by COVID-19 and the government-mandated shutdowns which continue to limit economic activity across the country. When we talk about a...

Friday, August 7, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Wednesday, August 5, 2020

There is a widening gulf between American aspirations for and assessments of the news media. With each passing benchmark study, the American people render deeper and increasingly polarized judgments about the news media and how well it...

Wednesday, August 5, 2020

It’s true that some of the most beautiful views in the country come from the tops of ivory towers. Across America, college campuses big and small boast some of the most beautiful architecture and landscaping—not to mention...

Tuesday, August 4, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Tuesday, August 4, 2020

These days, pretty much everything is hyper-political, including death rates from disease, wearing masks, opening schools, whether some demonstrations are "mostly peaceful" or "violent," and now GDP. Late last week, plenty of headlines...

Monday, August 3, 2020

With school openings on the possible horizon, here is a nice graphic to let you know what states are doing in education. State-by-state map of where school buildings are open or closed If you have children or grandchildren getting...

Tuesday, July 28, 2020

Identity theft is a systemic and ever-changing risk that continues to unleash significant new threats to personal security. No one is immune to these evolving tactics to acquire sensitive information, which can leave individuals...

Monday, July 27, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Wednesday, July 22, 2020

At the beginning of the Covid-19 pandemic, the shortage of N95 respirator masks presented a dire situation for the healthcare and frontline workers who needed them most. Essential workers who relied on N95 masks had no choice but to...

Monday, July 20, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Monday, July 20, 2020

Being informed is a virtue. It helps us make better decisions and encourages us to take action. Getting hooked on an endless scroll of media inputs is not the same as being informed. There’s long been a business model of urgent...

Monday, July 13, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Tuesday, July 7, 2020

Not since the 1960s and 70s has the United States experienced social upheaval like it is experiencing today. We have protests (both peaceful and otherwise), and a massively divided political landscape. On top of that, we have a virus...

Monday, July 6, 2020

The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective. Click here to...

Tuesday, June 30, 2020

The Research Brief is a short take about interesting academic work. With the advent of an infectious disease outbreak, epidemiologists and public health officials quickly try to forecast deaths and infections using complex computer...

Monday, June 29, 2020

It's 11:37pm and the pattern shows no signs of shifting. At 1:12am, it’s more of the same. Thumb down, thumb up. Twitter, Instagram, and—if you’re feeling particularly wrought/masochistic—Facebook. Ever since...

Wednesday, June 24, 2020

When it comes to success, praising the merits of a strong work ethic comes naturally. But what you do for fun can also support your career goals and complement your drive for achievement in a valuable way. In fact, many of the...

Friday, June 19, 2020

In the eighth annual Disruptor 50 list, CNBC identifies private companies whose breakthroughs are influencing business and market competition at an accelerated pace. They are poised to emerge from the coronavirus pandemic with tech...

Wednesday, June 17, 2020

Most of you know that I come from a small town in North Central Kansas, Smith Center. I loved growing up there!! I don't get back as much as I should, but with some of you that love to travel, here is an article to find those little...

Monday, June 15, 2020

The one key takeaway from last week's Fed meeting is that monetary policymakers are set to keep short-term interest rates near zero for as far as the eye can see. Not forever, but at least until 2023. Keep this in mind in the week...

Sunday, June 14, 2020

This is some interesting perspective in the times we are in currently. Feel free to forward this to family and friends who may enjoy this article. Enjoy this piece.

Saturday, June 13, 2020

Video conferences are far from the most exciting part of a work day — but one animal shelter is about to change that. A new program started by Richmond Animal Care & Control (RACC) allows individuals, companies and schools from...

Friday, June 12, 2020

This weekend, why not take a virtual train ride from the comforts of your home? Here are 13 options available to you. Feel free to share this with any family or friends who you think would like this experience. Enjoy your trip!! 13...

Wednesday, June 10, 2020

Doctors say just 120 minutes of outdoor time per week (that’s about 17 minutes per day) could be enough to feel mental health benefits. Enjoy this online slidedeck for more information (and beautiful nature pictures). Communing...

Tuesday, June 9, 2020

This is an intriguing article about hidden treasure that was not found for over a decade. Do enjoy this article.

Monday, June 8, 2020

The recession that started in March is the sharpest downturn since the Great Depression. As it turns out, it was also the shortest. Friday's employment report should leave little doubt that the US economy has already hit bottom and is...

Wednesday, June 3, 2020

On this day in 2016, famed fighter Muhammad Ali passed away. One of his many quotes rings so true today: "Service to others is the rent you pay for your room here on Earth."

Monday, June 1, 2020

A full recovery from the COVID-19/Shutdown Crisis is going to take a long time. We don't anticipate reaching a new peak for real GDP until the end of 2021; we don't anticipate a 4% unemployment rate until 2024. However, there is a...

Thursday, May 28, 2020

I am a visual person. I think this is a great article for other's that like visual depictions. Enjoy!! All of the World’s Money and Markets in One Visualization

Friday, May 22, 2020

There are many high school and college graduates who are having their "remote" graduation ceremonies. As a source of inspiration for those new graduates, Jon Kiser of Huckberry has compiled some influential graduation speeches. If you...

Wednesday, May 20, 2020

Even though the economic data is still daunting, we are starting to see some signs of growth. Here are some signs of that. Please feel free to call us if you have any questions. Sources: First Trust Advisors, Department of Labor,...

Tuesday, May 19, 2020

Yet more amazing perspective from Seth Godin. Do enjoy!! -- If you can study something behavioral on college students, you can bet it gets studied a lot. It’s easy and cheap to run these sorts of tests. Which is how we came to...

Friday, May 15, 2020

As many of you know, my 11-year old son, Hayden, figured out during the pandemic, that he has a passion for painting. He loves watching YouTube videos of famed painter, Bob Ross, and creates gorgeous nature scenes. After hearing this,...

Thursday, May 14, 2020

Just another article to show my passion towards cooking and food to you all. Enjoy!! Food & Wine Best Chefs of 2020

Wednesday, May 13, 2020

Another positive story of resilience during the pandemic. Enjoy. Read article here.

Monday, May 11, 2020

In December 2018 with the S&P 500 at 2,500, we forecast it would hit 3,100 by the end of 2019 and then pushed our forecast to 3,250 as stocks soared. The S&P 500 rose 28.9% in 2019 and hit that revised target on the first day of...

Friday, May 8, 2020

Wearing a mask in public is only half the battle—you’ve also got to keep it clean. The mask. It's all about the mask. Choosing a face mask or three, wearing a face mask, figuring out how to wash a face mask. Even as some...

Thursday, May 7, 2020

Another wonderful thought provoking snippet from Seth Godin. Enjoy!! “Wake me when it’s over,” is a natural instinct during a short-term interruption in our usual pattern. A crisis is there to be managed or waited out...

Thursday, May 7, 2020

When the employment report for April is released this Friday, the economic damage from the deepest of the Coronavirus shutdowns will become clear. We estimate that nonfarm payrolls will be down roughly 22 million versus March, and the...

Wednesday, May 6, 2020

During the pandemic, my wife, Heather, has been assisting her good friend, Michelle Dawbarn, at sewKC making fashion forward masks. Michelle's local small business has gotten publicity on television and print regarding this. I thought...

Tuesday, May 5, 2020

As most of you know, I'm a "Foodie" and have a real passion for cooking. So, when the finalists for the James A Beard Award came out, I just had to share this with you. Plus, there is a Kansas Citian in the mix. Enjoy this delectable...

Tuesday, May 5, 2020

The winners of the 2020 Pulitzer Prizes were announced in atypical fashion Monday afternoon. Usually held at Columbia University in New York City, due to the coronavirus pandemic this year’s Pulitzer announcement took place in...

Thursday, April 30, 2020

I just noticed something about the ubiquitous sign at every diner. On one hand, it means, “the special that was assigned to today.” It’s possessive. But on the other hand, it could simply mean, “today is special...

Wednesday, April 29, 2020

Sidewalk chalk drawing is something we all did growing up. During the pandemic, many families are re-visiting their driveways and patios again with a spirit of creativity. Enjoy this piece.

Wednesday, April 29, 2020

More than 97% of the US population is currently under a stay-at-home or shelter-in-place order as the coronavirus pandemic continues to upend life as we know it. More than 50,000 Americans have died. But worries for the economy -- and...

Tuesday, April 28, 2020

I found this wonderful article on some of the enlightening things coming out of this pandemic. Please enjoy this and be safe. Tired Of All The Bad Coronavirus News, This Artist Decided To Illustrate Some Good Ones

Monday, April 27, 2020

Before the Coronavirus, the US economy was cruising for what looked like 3% annualized growth in real GDP in the first quarter. But the effects of both natural social distancing and government-mandated lockdowns crushed economic growth...

Friday, April 10, 2020

We are all practicing social distancing, staying at home and (for Cohen Financial Services) working from home. We want to make sure that during this time of self-quarantine, we give you creative ideas to things to do. Harvard...

Friday, April 3, 2020

As the COVID-19 pandemic continues to evolve, schools around the world have cleared their campuses and shuttered classroom doors. But the halts to in-person learning haven’t stopped dogged educators from continuing their lessons...

Tuesday, March 31, 2020

I hope you and your family are staying safe and healthy. If you are a Small Business Owner and plan on completing the SBA Emergency Loan form online, there is some information you need to have readily available. In addition to basic...

Monday, March 30, 2020

Total deaths in the US from COVID19 look like they'll hit at least 3,000 by the end of March. A potentially brutal April lies ahead. In the meantime, the measures taken to limit deaths have temporarily tanked the US economy. Initial...

Monday, March 30, 2020

How spending has been allocated to bolster the economy through the pandemic U.S. lawmakers have agreed on the passage of a $2 trillion stimulus bill called the CARES (Coronavirus Aid, Relief, and Economic Security) Act to blunt the...

Sunday, March 29, 2020

A 102-year-old Italian woman made a miraculous recovery from the coronavirus after a 20-day hospital stint in the northern city of Genoa, according to a report. Italica Grondona came down with the dangerous virus and was admitted with...

Wednesday, March 25, 2020

With the Senate passing the CARES ACT unanimously, the Coronavirus Stimulus Bill heads to the House. This is a concise summation of what the monumental bill will cover. If you want to discuss this in further detail, just know, we are...

Monday, March 23, 2020

We follow Seth's blog for inspiration deep thinking. We thought we would share yesterday's post with you. Enjoy!! -- The way we feel can be triggered by outside events. And that can change how we act. And the way we act can reinforce...

Thursday, March 19, 2020

During these unprecedented times, I think back to one of Aesop’s fables that has affected me and my family. It was November. My 20-year old niece was going to celebrate her 21st birthday in style; she was going to Las Vegas for a...

Saturday, March 14, 2020

The History of Pandemics Pan·dem·ic /panˈdemik/ (of a disease) prevalent over a whole country or the world. As humans have spread across the world, so have infectious diseases. Even in this modern era, outbreaks are...

Friday, March 13, 2020

Less than a month ago markets were at a record high, as healthy data on the US economy signaled continued growth on the horizon. Then, as Coronavirus made its way to continental Europe and the United States, markets went into a...

Friday, March 13, 2020

As Cohen Financial Services continues to monitor the latest developments with the spread of the coronavirus (COVID-19), the significance of serving you continues to be our top priority. First and foremost, the health and well-being of...

Monday, March 9, 2020

This piece covers: Recent coronavirus news creating market volatility Reports from the medical community and coronavirus task force Potential economic effects of the virus in the U.S. and globally Federal Reserve rate cut in response...

Monday, March 9, 2020

No one knows with any real certainty how much, or for how long, the Coronavirus will impact the US economy. What we do know is that it will have an impact. And, after data releases of recent weeks, we also know that the US economy was...

Wednesday, February 26, 2020

Monday, fear over the Coronavirus finally gripped investors, as both the Dow Jones Industrial Average and the S&P 500 index fell over 3% - the largest daily declines in two years. These drops wiped out all the gains for the year....

Friday, February 21, 2020

City National Rochdale's FAQs on the Markets and Economy How concerned should investors be about coronavirus? What did Fed chairman Jay Powell talk about to Congress? For years, Puerto Rico's debt was in the news; what is the current...

Tuesday, February 18, 2020

Thirty years ago, many in the US were in fear that a rising power in Asia was on the verge of eclipsing the US. Now it's China, back then it was Japan. Back in the late 1980s Japan had become the second largest economy in the world...

Monday, February 10, 2020

In January, US payrolls expanded by 225,000, not only beating the consensus forecast, but also forecasts from every single economics group. Since January 2019 (12 months ago), both payrolls and civilian employment – an...

Monday, January 13, 2020

The US economy is not in an economic boom, but growth has been consistently faster than during the Plow Horse phase from mid-2009 through the end of 2016. Real GDP has grown at a 2.6% annual rate since the start of 2017 versus 2.2%...

Thursday, January 9, 2020

The longest economic recovery on record continues, with January being the 128th consecutive month of growth. The first seven years, from mid-2009 through 2016 saw average real GDP growth of 2.2%. Since the start of 2017, US real GDP...

Monday, December 30, 2019

What a year! As of the close on Friday, the S&P 500 was up 29.2% in 2019. At the end of 2018, we forecasted the S&P would hit 3100 this year. At the time, this was a very aggressive call. Then we doubled down at mid-year, lifting our...

Monday, December 2, 2019

During the next couple of days you're going to see lots of stories about the strength of consumer spending. Early reports say Black Friday on-line sales hit a record high, up 14% from a year ago, following a 17% increase on...

Monday, November 25, 2019

What an incredible time to be alive! We stand just five weeks from the end of a decade that saw prosperity spread far and wide. Some don't see it that way, as pouting pundits and rancorous politics skew our visions. But, if we simply...

Monday, November 18, 2019

Last December, almost 12 months ago, we set our year-end 2019 target for the S&P 500 at 3,100. Many thought we were way too bullish, but our model for the stock market suggested 3,100 was well within reach. We believed the bull market...

Monday, November 11, 2019

One of our favorite economic parables is the Fish Story, from Paul Zane Pilzer's 1990 book, "Unlimited Wealth." It is an excellent tool for thinking about wealth creation, inequality and redistribution. Imagine 10 people live on an...

Monday, November 4, 2019

Since the earliest days of the current economic expansion, there have been naysayers asserting the US was on the brink of another recession. Remember all the fear about another wave of home foreclosures, or a disaster in commercial...

Monday, October 28, 2019

At the close of business on Friday, the futures market in federal funds was putting the odds of a 25 basis point rate cut on Wednesday at 90%, which would place the federal funds rate in a range between 1.50 and 1.75%, the lowest it's...

Monday, October 21, 2019

The government doesn't release its initial estimate on third quarter real GDP for another nine days, but at this point we have enough facts and figures to make an educated guess that it'll come in at right around a 1.8% annual rate,...

Monday, October 7, 2019

In spite of all the fear-mongering about a recession, Friday's employment report clearly showed we are not in an economic downturn. The best news in the report was that the unemployment rate fell to 3.5%, the lowest most Americans have...

Thursday, October 3, 2019

You can convert your IRA to a Roth … but should you? In 2010, Congress began letting everyone convert their Deductible and Non-Deductible IRAs to a Roth IRA. (Previously, conversions were limited to those with Adjusted Gross...

Monday, September 30, 2019

Trade Fears Sap SentimentU.S. stocks declined Friday to end at a three-week low on unconfirmed reports theTrump administration is considering restrictions on American investments into Chinesesecurities and possibly delist Chinese...

Tuesday, August 27, 2019

• Market swings are getting bigger as investor worries about trade gain ground. • Although we expect a trade agreement between China and the U.S. to materialize, the heated rhetoric has increased in recent weeks. •...

Tuesday, August 27, 2019

U.S. stocks retreated over 2.5% on Friday after China announced an additional round of retaliatory tariffs on $75B worth of American goods on September 1 and December 15 and President Trump vowed to respond accordingly. The trade...

Tuesday, August 27, 2019

If you’ve been feeling a little déjà vu these days, it’s with good reason. The ‘90s are making a comeback—or so it would seem. Both then and now, we saw a reboot of Star Wars films, are watching...

Monday, August 26, 2019

Analysts were very quick to pin the blame for weakness in stocks late last week on the trade war with China. We agree that uncertainty regarding the future of US-China trade relations was a drag on equities, but think it was far from...

Tuesday, August 20, 2019

The threat of a recession is on the minds of investors. Some traditional measures of the yield curve are inverted and, in the past, those have preceded recessions. The link between an inverted yield curve and a recession has so...

Monday, August 19, 2019

U.S. stocks ended a volatile week with back-to-back daily gains, trimming its third straight weekly loss to under 1% after skidding to a two-month low on Wednesday. The S&P 500’s near 3% mid-week loss was caused by a global...

Friday, August 16, 2019

• Volatility has increased and the S&P 500 is now down over 6% from its peak. • While the Treasury yield curve is inverted, it is still hard to predict future equity declines. • We expect volatility to remain elevated...