Economic Commentary

Old Expansions and Old Runners

By Ralph Bender, MBA, CFP®

I don’t run as fast as I was able thirty years ago, and neither should we expect the economy to grow at the same rates it increased three decades ago. The current economic expansion could become the oldest in history if we avoid a recession before next July.1 In the...

We live in colorful times.

By Ralph Bender, MBA, CFP®

Time spent watching Red Skelton, the Honeymooners, and even Churchill’s funeral with Grandpa Roy planted lasting memories of a black and white world. But the world was never truly black and white, and discerning the colors of today’s global economic and investment...

The Times are a-Changin’

By Ralph Bender, MBA, CFP®

What do the Watts Riots, Beatlemania, Kennedy’s Assassination, ZIP Codes, the Vietnam War, Cassius Clay’s first World Heavyweight Championship, South African Apartheid and Nelson Mandela’s lifetime prison sentence, Buffalo Wings, Martin Luther King’s “dream” speech...

The Perils of Ignoring the Bull

By Ralph Bender, MBA, CFP®

Don’t fight this bull. It could destroy your future. The Dotcom Bubble burst in early 2000, killing the last secular bull market. Since then, we have had two major bear markets, one driven by economics and the other by financial panic. As recently as 2013, the stock...

If Trump is so bad, why is the market doing so good?

By Ralph Bender, MBA, CFP®

It sure looks and feels like a bull market. The S&P 500 Index set 25 new all-time highs through the first half of this year, and never once had a pullback or drop of as little as 5%. After 15 years of tough times for stock markets, are we finally returning to the...

Storm Clouds Over the Economy

By Ralph Bender, MBA, CFP®

The history of the stock market returns mapped against the control of the three most important houses in Washington DC is evident. When Republicans control the White House, the Senate, and the House of Representatives, the stock market sees its worst overall...