MCF Insights: Your 2019 New Year's (Financial) Resolutions
A resolution for every month to help you gain financial independence
A resolution for every month to help you gain financial independence
The January Effect is a pattern exhibited by stocks in the last few trading days of December and the first few weeks of January. During this period, particularly starting in January, the theory is that stocks tend to rise.
The U.S. economy is growing at the fastest pace in five years, American companies are earning record profits and unemployment is at the lowest level in almost half a century. So why are Wall Street and some economists suddenly worried about a recession?
In October of 2018, the Social Security Administration announced that Social Security and Supplemental Security Income benefits for more than 67 million Americans will increase 2.8% in 2019.
With the stock market’s historic growth that began in early 2009, many believe a 10% pullback may be a healthy thing. Such a drop is not horribly painful, by historical standards, and smart investors can cushion such a fall.
IS THE FLATTENING YIELD CURVE TELLING US A RECESSION IS AROUND THE CORNER? Suddenly everyone is talking about the yield curve: Barron’s, Bloomberg, CNBC and The Wall Street Journal. Given all the attention it has gotten in recent months, most everyone seems to know that the bond market’s yield curve is dangerously close to inverting, an event that has reliably predicted U.S. recessions in the past. The recent firming of economic growth, however, is a reminder that the shrinking difference between short- and long-term Treasury yields by itself does not indicate economic weakness ahead.