News & Events

Dow Jumps 200 Points As Lack Of ‘Drama’ Spurs Gains
Topline Major stock indexes rose to multi-week highs early Thursday as a lack of news on the nation’s banking sector proved to be good news for investors. Key Facts The Dow Jones Industrial...

Crypto Price Alert: BlackRock Issues Stark Fed Warning After Huge Bitcoin And Ethereum Boom
Bitcoin BTC , ethereum and other major cryptocurrencies have rocketed higher in the first three months of 2023—. The bitcoin price, following a brutal 2022 crash, has added around 70% as traders...

The US economy grew 2.6% during the fourth quarter, slower than previously estimated
Minneapolis CNN  —  The US economy grew at a slower pace in the fourth quarter than previously...

Why Commercial Real Estate Could Cause The Next Bank Failures
...lending and contagion—driven this time by small banks and CRE lending. The FDIC can handle individual bank failures. The worry is that we’ll see system-wide contagion revealing risks in other...

Recession Now Far More Likely. Blame The Banks
After more than nine months of waiting the much-heralded U.S. recession may actually happen. Still, its not guaranteed. Back in June 2022 I wrote a column for Time Magazine stating that . I was sure...

When Will The Stock Market Turn Around? The Answer Might Be Hiding In Plain Sight.
“The portfolio has been treading water” and “When are we going to see a turn around?” have been frequent comments from my clients, and almost every other financial advisor I talk to on a regular...

Latest mortgage news: Mortgage rates drop amid economic uncertainty
...percent last week, according to Bankrate’s national survey of large lenders. Mortgage rates tumbled in recent weeks after a sudden banking crisis roiled markets. The Federal Reserve has been...

Continued Market Volatility Benefits Cash-Rich Companies Like These
In this article, I present the strategy that focuses on cash-rich firms. Continuing market volatility attributed to banking industry fears and recession worries makes companies with solid cash...

How much more will the Fed raise rates in 2023? Here’s what experts are saying
Most of the Federal Reserve’s interest rate hikes may be in the rearview mirror. The question now: How many more increases can officials sneak in before the U.S. economy breaks? After spending last...

If It’s Not One Thing, It’s...
...as high as 90% of the deposits were in excess of the FDIC insurance limit of $250,000. Set many years ago (2008), and not adjusted for inflation, maybe that should have been $400,000 or higher...