No Big Changes
Another quiet week in the markets, typical for late summer. What could have moved the markets and didn’t were the Consumer Price Index , which was unchanged, and housing starts were up 0.5%, building permits unchanged. So flat, flat, flat. The next day the data for...Brexit Helps Client with Rates
Investor who missed the low rate by 1 day in 2012 finally gets a second chance and gets the rate she was waiting for. In November 2012, rates went up .375% in a matter of days. My client was “thinking” about whether she should drop her rate from 5.375% down to 3.625%,...Some Good News, Some Bad News
It was a week of some good and some bad news for the economy, with investors mixed reactions. Tuesday we got the Q2 productivity numbers: DOWN 0.5%; our Unit Labor Costs were up 2% (costs being up indicates possible inflation). Friday we got July’s Retail Sales...
All About Cash Flow
It’s all about the cash flow… My client who is an attorney lost a major contract and was thinking that maybe not seeking another big contract and winding down sounded like a good idea… This after just 2 weeks off; can you relate?? So he called me to look at all his...