DIASTOLE ECONOMIC AND MARKET COMMENT

I hope your team won the World Series, but I understand that given how many teams DIDN’T win, it’s unlikely. Sorry for your loss. But if you were predicting that the Federal Reserve Open Market Committee (FOMC) would cut rates last week, you’re a winner!  Only 99% of...

DIASTOLE ECONOMIC AND MARKET COMMENT

After 24 days of government shutdown, we finally got a data point from the Bureau of Labor Statistics. It took recalling 100 workers from furlough (probably still not being paid), but on Friday we learned that the consumer price index (CPI) rose 3% for the year ending...

DIASTOLE ECONOMIC AND MARKET COMMENT

Happy Monday! I hope you are enjoying your share of the stolen crown jewels of France. It’s hard to type while wearing a bedazzled tiara, but somebody has to do it. Stocks bounced around last week, but ended higher. Something interesting happened with market...

DIASTOLE ECONOMIC AND MARKET COMMENT

The government shutdown, which began on October 1st, continues, Congress is in recess, so there is no way to resolve the shutdown at this time. As the shutdown goes on, pain will grow for furloughed government workers and recipients of some government benefits, to say...

DIASTOLE ECONOMIC AND MARKET COMMENT

The biggest news this week is what’s going to happen next. Will the government shut down at midnight tomorrow? Will there be a September jobs report on Friday? I’m also wondering if my prescription medications come from overseas. Well, maybe that last one isn’t one of...