Note that May sales are for contracts typically signed in March and April – when the economy was shutdown –…
Continue ReadingQ2 GDP Forecasts: Probably Around 33% Annual Rate Decline
Important: GDP is reported at a seasonally adjusted annual rate (SAAR). So a 33% Q2 decline is around 8% decline…
Continue ReadingBLS: May Unemployment rates down in 38 states; 4 States at New Record Highs
From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were lower in May in 38 states and…
Continue ReadingLast Weeks Ripcord Yank Stalled Momentum
The markets have been very passive this week. Mondays move to the upside was encouraging. The spike continued to Tuesday…
Continue ReadingBlack Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Declines Slightly for the third consecutive week
Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance. From…
Continue ReadingAnimal Spirits: Advisor Solutions with Helios
Today’s show is brought to you by Helios Quantitative. You can check them out here Listen here: On today’s show…
Continue ReadingMarket Cap Madness?
Something incredible happened today. The combined market cap of Square, Spotify, Tesla, Zoom, and Shopify just surpassed that of Berkshire…
Continue ReadingWealthWise Women: Focusing Your Investment Lens
In this week’s edition of WealthWise Women, Erin and Mary Ellen pull out their investing camera to create the perfect stock…
Continue ReadingJune 18 COVID-19 Test Results; Most Positive Results Since Early May
Note: I started posting this graph when the US was doing a few thousand tests per day. Clearly the US…
Continue ReadingStochastic Steps
As mentioned in my previous article, the creation of Step Theory was a quantum leap in my thinking in regards…
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