Category: Uncategorized
5 posts categorized as "Uncategorized"
16Jan
January Update on the U.S. Economy
This month we’ll take the opportunity to look back at both 2019 and the data as they stand at year end. It will come as no surprise to prior readers of this blog that the data has moderated substantially throughout the year, but in aggregate the current economic situation for the U.S. (and increasingly,…
16Jan
Navigating Market Uncertainty With Economic Data And ETFs
JANUARY 10, 2020 – BILL HORTZ – Uncertainty & fears of recession have many advisors and RIAs climbing a wall of worry as markets continue to reach new highs – How do you navigate this environment? – Astor Investment Management LLC explains their macro strategy, proprietary index and offers to share research. [We are in…
11Dec
December Update on the U.S. Economy
The Astor Economic Index moved upwards in November, its first month-end improvement in half a year and broadly consistent with a U.S. economy growing at about trend. As we’ve noted in prior months, the durability of this stage of the expansion has been solidly on the back of consumers. As a result, labor market indicators…
9Dec
Remembering Paul Volcker, My “Boss”
While I am known for being the author of Inside Greenspan’s Briefcase: Investment Strategies for Profiting from Key Reports & Data (McGraw-Hill, 2002), my career began under the tutelage of another Fed Chairman: Paul Volcker, who passed away on Sunday, December 8, 2019 at the age of 92. In 1984-1985, as a project analyst for…
6Dec
What’s Really Behind the New Highs
We entered the last month of the decade with the major stock market indices at new highs: the Dow closing over 28,000, the S&P 500 over 3100, and the Nasdaq Composite over 8600. While market pundits searched for reasons for the euphoria—from expectations of a China trade deal to fading fears of a near-term recession—the…