Market Outlook

Some Debt Is Not Like the Other

With all the talk lately concerning the U.S. debt and how it will grow due to the new tax plan, we thought it would be a good idea to address what it means. First and foremost, we must differentiate between individual/corporate debt and the debt of a sovereign nation such as the U.S. Individual and corporate debt must be managed in a fiscally prudent manner or face[...] Continue reading

What Is Brexit & How Will It Affect the Economy?

Over the past several weeks, headlines about ‘Brexit’ have been circulating in anticipation of the British referendum on June 23. The British people will vote on Thursday of this week on whether to leave the European Union (EU). If they do vote to leave, the UK people are effectively saying they don’t want to play by the EU’s economic rules any more. Issues[...] Continue reading

What does a Fed rate increase mean?

  The Federal Reserve raises or lowers the Fed funds rate in order to either increase or slow down the rate of growth in the U.S. economy. The Fed funds rate is the rate member banks charge each other for the use of excess reserves. This rate trickles down to what banks then charge for loans such as car loans, mortgages, credit cards, business loans and other[...] Continue reading