It’s the Economy, Stupid!

It’s the Economy, Stupid! To keep Clinton’s 1992 presidential campaign on message, Clinton’s lead strategist, coined the phrase “the economy, stupid”. Many later expanded that phrase to the more familiar “it’s the economy, stupid.” In comparison, for many workers and business owners, today’s growing u.s. economy seems “smart” not “stupid.” In contrast, the trade wars …

Populism

Populism The word populism rings loud in many countries today. The overall subject obviously lends itself to a lengthy Ph.D. thesis, not this relatively brief commentary. Therefore, this commentary will limit itself to focusing on a limited number of economic forces likely causing the growing populist leanings within the working class and other sectors of …

Slope of the Yield Curve – Which One?

A recent study from the San Francisco fed showed the 3 month/10 year yield slope represents a more reliable recession indicator than the 2 year/10 year slope.  Note the 3m/10y slope in the chart below from Merill Lynch Global Research remains relatively steep. The 2y10m slope is close to zero but the 3m10y slope is …

Comparing Tariff Levels. Where Does China Stand?

How do tariffs compare among the various major trading countries?  Recently the CATO institute published a commentary that provided such comparisons (figure 3.)   Comparative Country Tariff Levelsource: Cato At Liberty—Simon Lester Figure 3 Source:  Cato Institute-Simon Lester Analyzing the impact of the tariff structure can prove to be difficult as many countries negotiate bi-lateral …

Trade War – the Tariffs

It took some time for investors to finally shake off their complacency and show their discomfort with the reality of higher tariffs.    The mid-June headlines indicating the U.S. would impose $50 billion of tariffs on Chinese exports helped end their lethargy.  In fact, on July 1st only $34 billion will be implemented and principally on …

Jeff Schulte on Fox 4 News – Millennial Money Tips

4 In Your Corner has some financial advice for millennials. Jeff Schulte from First Capital Advisors Group is sharing how you can save money for the future. Watch the video below “Millennials are leading a different lifestyle than other generations, including the way they save. 4 In Your Corner spoke with a financial expert with what millennials …

Overusing Debt Is Like Overusing Antibiotics – It Reduces Its Effectiveness

Most observers expect economic growth to benefit from the new fiscal stimulus programs through at least the next 18 months. With that in mind, this commentary provides some aspects of changing monetary policies and the ever-growing budget deficit that could affect future economic forecasts and financial market performance as those fiscal benefits decline.     …

Markets and Midterm Elections – A Recent Study Gives Some Answers

Besides dealing with the title of this commentary, we also will look at several issues that concern investors. Economic and Business Outlook We move into the remainder of the year on the back of stronger than expected first quarter revenue and earnings results.   Despite not benefitting from lowered corporate tax rates, over half of reported …

Corporate Employee Wellness, Jim Hiles Interview

        Jim Hiles discusses the new trend: Corporate Employee Wellness with Kevin Price on BizTalkRadio Network. Click on the below link to listen in! What is Corporate Employee Wellness? Kevin Price hosts the Price of Business Live, Monday to Firday at 3 pm ET.