In 1957, a dollar of debt produced $0.54 of additional income. No longer. Debt has increased more than twice as fast as the growth of the economy.
Beware: Another paradigm shift is underway on Wall Street. And like the dot-com bubble of the late 1990s, Main Street will get screwed.
With more than 70% of the companies in the S&P 500 reporting for the fourth quarter, earnings are, to use the technical term, fantastic.
America has a debt problem. That shouldn’t come as a surprise. Americans continuously told that debt is good. But these bad habits could bring the economy to a sharp and painful halt.
Due to a myriad of factors, the number of manufacturing jobs in America has declined rapidly in the past several decades.
A healthy collectibles market can signal an equally healthy stock market. But a recent January auction revealed results that were less than inspiring … perhaps even worrying.
If you believe President Donald Trump’s promise to grow the U.S. GDP, the bull market could easily continue. However, a major roadblock may be in his path.
The latest GDP growth figures from the Commerce Department have a number of traders adopting a wait-and-see approach. But are they poised to miss out on the next big rally?