Musings.

Musings

The world, the economy, the markets, and our lives are dynamic. Events can have a large or small impact on us. They can create excitement, cause fears, raise questions, and spark insight.

Listed here are our most spontaneous, timely, and succinct comments on wealth, life, and more.





  • December 25, 2012 - Merry Christmas!

    May the celebration of the Lord Jesus's birth bring blessings to you and your family, today and always.



  • December 21, 2012 - Welcome Winter SolsticeClick to enlarge

    Stocks opened today with a Mayan cliff dive after Boehner's "Plan B" fails in the US House. (WSJ)



  • December 20, 2012 - GDP Grew Faster than Previously Thought

    The US Bureau of Economic Analysis revised its third quarter GDP estimate upward to 3.1% (from 2.7% previously) thus beating consensus expectations for 2.8% growth.

    (WSJ)
    (US BEA)



  • December 20, 2012 - Defense Drives GDP Higher

    The Pentagon grew 12.9% in 3rd qtr, raising GDP by 0.64%, the largest line item. (US BEA)



  • December 19, 2012 - Budget Balance Tool

    Try to balance the federal budget using this WSJ online tool. (WSJ)



  • December 18, 2012 - Big Deficit Normal

    Recall what set the stage for the fiscal cliff.  Congress and the President were unable to agree to terms in summer 2011, and big deficits have become normal in DC. (WSJ)

    (HawkTalon, July 2011)
    (HawkLetter, Second Quarter 2011)



  • December 17, 2012 - Inflation Expectations Soar

    The inflation priced into TIPS -- inflation-indexed treasury notes -- has rocketed since Bernanke's Fed announced QE-infinity. (Morningstar)



  • December 14, 2012 - Fiscal Grand Canyon

    A canyon remains between Obama and Boehner despite meeting in advance of "fiscal cliff". (NY Times and Columbus Dispatch)



  • December 13, 2012 - Real Long Real Estate

    The Economist calls US real estate investing "The Big Long" as investors flock to purchase properties while the Fed buys $40 billion in mortgages each month. (The Economist)



  • December 12, 2012 - 12-12-12

    Make 12/12/12 iconic.  Accomplish something today that you will remember for a lifetime.



  • December 12, 2012 - Fed Twists and Shouts

    The US Federal Reserve extends Operation Twist beyond year end to avoid one slip down the fiscal cliff. (Federal Reserve)



  • December 10, 2012 - Get Ready for a Fed Twister

    To fight fiscal policy headwinds, the Fed may take pre-emptive action following its 2-day meeting to extend Operation Twist beyond year end. (TDBank)



  • December 08, 2012 - Employment Change ChartClick to enlarge

     

    Source Telemet Orion



  • December 07, 2012 - Not much employment progress

    Year over year private sector job growth remains stuck at 1.8%.  Hardly enough to get excited. (Morningstar)



  • December 06, 2012 - Mutual Fund Portfolio Pumping

    A WSJ investigation reveals that mutual funds frequently pump up prices of small stocks at quarter end only to see the values fall the following day.  Intentional bias in mutual fund performance results is another reason to work with a fiduciary wealth advisor instead of trusting the fund manager. (WSJ)



  • December 06, 2012 - Special DividendsClick to enlarge

    With companies racing to pay dividends ahead of the fiscal cliff, payout rates have risen from 31% to 37% since last year. (WSJ)



  • December 06, 2012 - Larger Deficit than Acknowledged

    US government guarantees on mortgages and student loans expose taxpayers to nearly $8 trillion. (Wharton)



  • December 05, 2012 - Shale drilling launches oil production to 15-yr high.

    Producers extracted 6.5 million barrels a day in September...the highest level since 1998. (Oil and Gas Financial Journal)



  • December 04, 2012 - Red Tuesday

    Stocks fell today as the SP500 index lost 0.17% pushing the index 0.15% below its Black Friday close.



  • December 03, 2012 - 5 keys to Social Security Planning

    If the Social Security trust fund is exhausted by 2033, how will you prepare for retirement? Hawk100 can help.