Economic Review and Market Outlook Despite an unfolding economic slowdown, a market that is long overdue for a decline, and a real estate market that continues to deteriorate, the stock markets continue to do OK. In the past few months I have come to believe that the stock markets are benefiting from investors who are fleeing real estate and need another place to put their money.
Who, Me? Biased? It’s probably politically incorrect to admit this, but I can be a little prejudiced. We all have our biases, and some of them are healthy and some not. Keeping these predispositions from getting the best of us and blinding us to reality is a common problem we all deal with from time to time. We humans tend to invest when we are predisposed
Of Concern There is never a shortage of gloom and doomers eager to point out how our country is going down the tubes and how our way of life will never be the same. Not wanting to be lumped in with this crowd, it is with some trepidation that I write this article. Although it may not seem so as you read this, please remember that
Who May Get Hurt the Most? A recent item about interest rates on the news really got to me. The reporter said something to the effect of “. . . and rising interest rates may hurt homeowners.” I can’t tell you how many news articles and statements by experts I disagree with after I really think about them. They often get things exactly backwards. This is