By Gary C. Sanger, Ph.D., CFA It has been six months since passage of the Tax Cuts and Jobs Act, and we are beginning to see its stimulative effects on the U.S. economy. The post-recession bull market is now over nine years old, and shows no signs of slowing in the near future. Despite this…
By Gary C. Sanger, Ph.D., CFA Welcome to 2018! The most significant economic news since my last letter is passage of the Tax Cuts and Jobs Act. While I could write more about the Act than the space I am allotted, most believe it is business, consumer and growth friendly. Some even believe it could…
By Gary C. Sanger, Ph.D., CFA U.S. economic growth remains modest, but we are in the third longest recovery in history. As in the past several years, Q1 economic growth was slow at 1.4%. The Conference Board reported that U.S. leading economic indicators rose 0.3% in May, signaling continued expansion. Unemployment continues to drop, leading…
By Gary C. Sanger, Ph.D., CFA Welcome to 2017! The biggest news this quarter was the election of Donald Trump as the 45th President of the United States. After a few hours of near panic in markets the night of the election, the response since has been very positive. Many Trump policies are pro-business and pro-growth.…