It was just reported that in April consumer spending surged – up 1% – the highest jump in 6 years. Highlights include a 2.3% uptick in durable goods – like cars, and a 1.4% uptick in nondurable goods – items like clothing. Consumer spending is an important economic figure – as it accounts for 70% … Continue reading “If It Doesn’t Make $$ It Doesn’t Make Sense”

Bernie Sanders’ economic platform has received a great deal of attention from academic interest groups, and people who believe the government should regulate our lives. Most economists don’t take it seriously, and Sanders himself still hasn’t set forth a convincing explanation of where he expects to get the money to pay for his programs. The … Continue reading “The Economics of Failure: Why Bernie Sander's Democratic Socialism Won't Work”

To hear Hillary Clinton speak, you’d think she is a crusader for American’s middle class. She has made promise after promise to close Wall Street loopholes that allow the rich to get richer. She’s promised to add a surcharge on high-income taxpayers and implement the Buffet Rule, which would establish a minimum 30 percent tax … Continue reading “Hillary's Short-Sighted Short-Term Capital Gains Plan”

Timing is everything they say. When it comes to picking winning stocks – that certainly rings true. As a diligent, prudent investor you need to find the right company that is growing fundamentally – and then you need to look for triggers that will help show you when the best time to invest is. From … Continue reading “4 Secrets to Stock Profits”

Governors Jerry Brown in California and Andrew Cuomo in New York have recently signed into law bills that call for a $15 minimum wage. On both sides of the country, the legislation has raised passionate debate on both sides of the issue. Proponents say the raise in minimum wage will benefit low-income families and raise … Continue reading “A High Minimum Wage is Bad Economics”

At a glance, the rising inflation appears to be the last thing on the mind of most Americans. Most are more worried about Islamic terrorists, Hillary’s criminal record, or Russia’s nuclear submarine patrols off our shores. All the while, inflation is threatening to put a major dent in our standard of living. Indicators started showing … Continue reading “Inflation is Coming, Big Corps Know it, and No One is Warning the Public”

China has just announced that it will devalue the Yuan to the lowest it has been since 2011. In a complicated global economy, this move portends many possible threats to prosperity. The Chinese economy is a major player across the planet, and as one of the biggest investment hubs of the last decade, a looming … Continue reading “Global Economics: Why the Value of the Yuan is Important”

Last month, Puerto Rico ramped up its campaign to solicit the GOP Congress for help getting free of the $73 billion debt. The House Speaker, Paul Ryan is leading the charge to draft legislation that would enable Puerto Rico to come out from beneath its massive debt by claiming bankruptcy. Despite Puerto Rico’s crushing debt, … Continue reading “Obama/Congress: US Taxpayers Will Pay for Puerto Rico's Bailout”

There are some that we can trust with advice on the economy more than others. Robert Kiyosaki is one of those people. Not only is he a successful and prosperous business man, but he is a top national financial advisor as well. He has made an empire from educating others about their financial situations. When … Continue reading “Robert Kiyosaki: Best-Selling Author of Rich Dad Predicts Huge Market Crash in 2016”

Goldman Sachs got caught red handed this time. Just the other day an analyst for the global investment bank announced it was upgrading its position on Tesla Motors Inc. to buy from neutral. By itself, a bullish outlook on a stock is not that unusual. Still, Goldman Sach’s surprise stock upgrade on the electric car … Continue reading “Goldman Sachs Underwrites $2 Billion Tesla Stock Offering After Upgrading the Stock to Buy”

Tech stocks have always been one of the more difficult markets to predict. While a few big names produce consistent results, buying in before prices soar too high is tough. While giants like Apple have started to wane, the most reliable and profitable shares of Facebook and Amazon have become cost prohibitive. If you’re looking … Continue reading “Can NVIDIA Rejuvenate Tech Stocks?”

A few weeks ago unemployment claims were at their lowest point in eight years. The dollar was strong, it’s strongest in 14 years. But there are some problems, and it seems we’ve tipped the crest. Leaks in the Economy For one thing, speculation is out of control. People are predicting disasters- especially if Hillary Clinton … Continue reading “Unemployment Rises Above the Warning Line”

If you’ve got big vacation plans this summer you may need to scale them back. The service industries are expected to raise their rates this coming season, and the markups are going to make a mark on your wallet. There’s nothing surprising about hotels, restaurants, and airlines having higher summer rates- but there’s something else … Continue reading “Market Analysts say, "Re-evaluate Your Summer Vacation Budget"”

Between China starting to freeze up when it comes to staffing American companies and Apple’s sheer saturation of the market at this point, investors have been generally concerned with the future of the company. After well-respected players pulled their stock, Tim Cook came out to talk about the stalling of sales and the future of … Continue reading “How the iPhone 7 Might Affect Growth for Apple”

With all the money changing hands in healthcare, it’s not hard to see why everything gets complicated quickly. The inefficiencies everywhere have caused gaps in the medical profession and some believe sparked an all-out war between patients, doctors and insurance companies. No longer does it seem about the individual’s health, but rather how and when … Continue reading “Costs Continue to Climb With Obamacare: The Future of Healthcare”

The gender pay gap continues to be a controversial issue, one that is discussed and debated throughout the country. It’s a topic prominently discussed in board rooms and debated by presidential candidates. A Harvard economist has a provocative and controversial suggestion for closing the gender gap: Lengthen the school day and have children attend school … Continue reading “Close the Wage Gap by Making School Day Longer and Year Round”

Gold prices were not very exciting in 2015, and concerns were growing among investors of the precious metal about its future. Today, everyone from investors to speculators are asking where might gold prices go next. Professional investors and those who truly believe in the value of gold should not be afraid of buying undervalued investments. … Continue reading “Gold Has A Bright Future: Why Now is the Time to Invest”