Some readers may question why we discuss inflation so much since it hasn’t catalyzed a change in the economic cycle in years. We contend the lack of inflation has been a major reason why this has the potential to be the longest expansion in over 100 years. With that in mind, we’ll look at theCONTINUE READING

What makes economics more frustrating than investing is that the truth is never completely settled. When you buy a stock with the plan to hold it for 5 years, the price in 5 years is guaranteed to tell you whether it was a good investment or not. Economic analysis is never complete because there willCONTINUE READING

The jobless claims to labor force population ratio hit a record low, the ISM labor market index hit a record high, the unemployment rate is the lowest since 1969, and September average weekly earnings growth of 3.35% was the 3rd highest in this expansion. Those are some of the powerful indicators which show the laborCONTINUE READING

The March BLS monthly jobs report was a disappointment in terms of total job creation as only 103,000 were added instead of the 175,000 expected. Furthermore, the report missed the lowest expectation which was for 112,000. It’s important to recognize this is a volatile data point. The February job growth was revised higher from 313,000CONTINUE READING