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Helped in part by reduced tax rates corporate profits soared in the first quarter. With the vast majority of S&P 500 companies having reported, earnings are up over 24% as compared to the first quarter of 2017. That’s an astonishing increase this late in an...

One of the most striking features of the global economy over the last several years has been the complete absence of inflation. If you had told an economist a few years ago that the U.S. unemployment rate would reach 3.9% in 2018 and core inflation would be running...

One of the big unknowns about the course of the U.S. economy over the next two or three years is how companies will spend their corporate tax cuts. The numbers are quite significant, as the tax bill for a lot of companies will decline by thirty percent or more. Thus...

Experts in business and investment strategy have preached about the power of brands since before most of us were born. Consumer brands such as Tide, Kleenex, Huggies, Coke, and Duracell--to name a few--have held particular sway, allowing companies like Procter &...

Following are some initial thoughts on the unexpected results of yesterday’s election: • Trump was not the market’s choice but that doesn’t mean that a Trump administration will be bad for the economy or markets. • It may take some time for markets to assess the...

Brad will be on air tomorrow with Allen Margulis of the Total Counsel Law Group from 9:00 to 10:00 AM on WCRN 830 AM.

Here's the chart referenced in the previous post.  The trend of cumulative total real returns on U.S. stocks is remarkably persistent. Jay