Truth in Wealth Building

Sonic reported quarterly profits

Thursday will mark the 30th anniversary of Black Monday when the stock market lost almost 25% of its value in one day. Could the 1987…

Oil is sharply higher

The S&P 500 has posted five straight weekly gains and is on track for a seventh straight positive month. The Nasdaq posted a record closing…

We have kicked off earnings season

Well we have kicked off earnings season. There are several reasons to be optimistic about third quarter earnings season, including healthy manufacturing activity globally, resilient…

“irrational exuberance”

The Japanese stock market closed at its highest level since December 5, 1996 on Tuesday. Driving the recent gains have been strong earnings, an improving…

Small Business Optimism fell

The NFIB reported that its Index of Small Business Optimism fell from 105.3 in August to 103 in September. The decline was prompted by a…

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