Before we look ahead to this week’s economic picture it might be a good time to reflect on last week. We witnessed two events that could have some serious implications on the election on November 6th: The debate on Wednesday and the drop in the U.S. Unemployment rate. First things first: The debate no matter how you slice it was a win for Mit...

With the S&P up almost 6% last quarter, the expectations for the end of the year are rather muted. More and more will made of the “fiscal cliff” we are approaching as the year comes to a close. I will share my thoughts on that issue in the next few weeks but for now, we have to see how everything in Europe plays out along with the beginning of...

The summer has finally ended and the big question on everyone’s mind will be has the rally in US equities ended with it? Manufacturing helped fuel the rally early on and housing data came in and confirmed it. These two leading components of the U.S. economy were long overdue to begin to strengthen. Without both sectors showing some strength, n...

While it doesn't appear to be a week of Earth shattering news this week, I do see a couple of key talking points. Housing starts and Existing home sales could re-energize people's belief that the economy is recovering a little stronger than the GDP data indicates. Housing has been one of the low points of this recovery and anytime we see consiste...

Eleven years has passed since the horror of September 11th, 2001. Like that Tuesday, it was crisp and clear this morning and chills ran down my spine as I remember the events of that day. Although millions of words have been written, there never seems to be enough said. We remember those we lost and mourn the world that has changed forever. Th...