by Asset Strategy | Sep 11, 2023 | Economy, Financial Planning, Social Security
If you are currently receiving Social Security or you are considering how Social Security might factor into your retirement plan, it’s important for you to understand what COLA stands for. You may have seen the acronym in various information about Social Security, and...
by Asset Strategy | Sep 6, 2023 | Economy, Forbes
As an armchair social scientist, my view of the health of the U.S. economy is partly based on what I can see through my windshield—the interactions in my daily life. My consumer research career gives me some additional insight. And then there’s what catches my eye in...
by Asset Strategy | Aug 30, 2023 | Economy, The New York Times
Mortgage rates are running at a 22-year high, crimping a housing market already squeezed by high prices. Home buyers face an average rate of 7.23 percent on a 30-year fixed-rate mortgage, the most popular home loan in the United States, Freddie Mac reported on Aug....
by Asset Strategy | Aug 2, 2023 | Economy, Forbes
Recession probability has plummeted from 73% using data through April 2023 to just 15% using data through June. Created by Brad Case, PhD, CFA, CAIA The continued strength of macroeconomic conditions is extraordinary. Real Gross Domestic Product (GDP) grew during...
by Asset Strategy | Mar 27, 2023 | Economy
What is a “Rolling Recession”? It is obvious that the economic situation post-pandemic has been unstable. Even though talks of a recession have been going on for some time, our current economic situation hasn’t been officially categorized as a...
by Asset Strategy | Feb 1, 2023 | Economy, Financial Planning, Retirement Planning
A recent report indicates that issues with inflation are starting to get better, but consumers are still seeing increases in the prices of basic needs like gas and groceries.[1] The rate that things are becoming more expensive has slowed down and has been for some...
