2015 was the best year on recent record for hotels. By comparison, 2009 was the worst year since the Depression. And now 2016 has been also been a great year for hotel business. While hotel daily rates have increased slightly over the past year (2015), the occupancy...
Update: Prime Working-Age Population Growing Again
Again, Bill McBride from Calculated Risk chips in with more news as the prime working-age population grows again. Changes in demographics are a very important determination for economic growth. We need prime working age people to aid in growth of the economy. In the...
Tim’s Top Links – 11/14/16
We continue to see more and more volatility in the market. I have a feeling this volatility might last through the end of the year as well. It's been a very up and down year, and even now more so after the Presidential election. Certain sectors like health care,...
Preliminary November Consumer Sentiment increases to 91.6
On Friday of last week, while the bond market was closed for Veteran's Day, we did receive some economic news. The University of Michigan consumer sentiment index went a little up from October to November. It was 91.6 in November, up around 4 points from October. ...
MBA: Mortgage Delinquencies and Foreclosures Decrease in Q3
While so many were distracted with the Presidential election, we received some news from Bill McBride over at Calculated Risk: Although the percentage of mortgages in foreclosure is higher than the historical average, it is continuing to fall. Third quarter...
Tim’s Top Links – 11/11/16
Happy Veteran's Day to all the great men and women who have served our country over the years! Here's what I've been reading today: 'Why The Math Behind Passive Investing May Be Wrong' - Wesley Gray - The Wall Street Journal 'The Difference Between Conventional vs....
Tim’s Top Links – 11/10/16
Well that certainly wasn't the reaction market pundits were expecting from a Trump victory. From "Dow futures plummeting 700 points" to finishing up over 1%, yesterday was quite the surprise. However, it's almost impossible to pinpoint one exact event as the only...
Tim’s Top Links – 11/9/16
Whether your side won or lost, the 2016 Presidential Election is over. It's now time to move on. Here's what I've been reading this morning: 'Outperforming by Underperforming' - Justin Sibears - Newfound Research 'A Tale of Two Investors' - Phil Huber - BPs and...
Tim’s Top Links – 11/8/16
There are two things you need to do today. 1) Go vote and 2) Read the awesome links below! Here's what I've been reading this morning: 'The 9 Day Losing Streak in the S&P 500 is a Random Pattern' - Price Action Lab Blog 'Why Is It So Hard To Be Inactive?' - Dave...
Tim’s Top Links – 11/7/16
And then there was 1. 1 day is left before the 2016 Presidential Election. While tomorrow will, without a doubt, be a whirlwind of emotions and high-flying news stories, it will be nice to be able to finally put this election in the rear-view mirror. Similar to the...