Forecasting recessions: The Inverted Yield Curve and… Diana Ross?
Upside downBoy, you turn meInside outAnd round and round The 1980 hit single "Upside Down" by Diana Ross may have been about a cheating lover, but it can also be…
529 College Savings Plans: Commonly-Asked Questions Answered
529s are useful accounts for parents with kids who are likely to go to college. That being said, the rules and regulations are not well known and parents are rightly…
3 Considerations For College Saving
Kids are expensive. And when it comes to expenses, college is one of the largest that parents encounter. The good news regarding college planning is that parents have 18 years…
What is the ISM® Manufacturing PMI®?
The service sector is what most Americans envision as the primary driver of the U.S. economy. Machinery, manufacturing, and heavy equipment, while still present, seem to be relics of a…
How Do We Measure Inflation?
In this article, we explain inflation, which is the most widely watched and used measure of the U.S. inflation rate and what the Federal Reserve can do about these numbers.
How Does the Fed Fight Inflation?
In 1997, Time magazine profiled central banker Alan Greenspan, along with Treasury Secretary Robert Rubin and then Deputy Secretary of the Treasury Larry Summers, under the title “The Committee To…
Road Signs
Anyone who has driven through our home state knows the phrase “miles and miles of Texas” is an understatement. To travel between our major cities is to spend at least…
Under The Hood
At the end of each year Americans learn the magnitude of their national economy's growth over the previous twelve months. This number, the U.S. gross domestic product (GDP), functions like…
Eyes on Us
I always feel like somebody's watchin' meAnd I have no privacyI always feel like somebody's watchin' meIs it just a dream?"Somebody's Watching Me" - Rockwell (1984) The 1984 hit “Somebody’s…
The Price
In nearly every purchase of a capital asset there exists a metric to judge what value has been received at the time of purchase. In the commercial real estate market,…