Truth in Wealth Building

Gold Continues to Rally – 2/3/16

Mortgage applications fell last week by 2.6% as snow covered much of the East Coast. Applications to refinance rose 0.3%, but are down 31.5% from…

As Oil Goes So Goes Stocks 2/2/16

It is Ground Hog Day and the market like the movie is the same thing over and over. As go the price of oil so…

An Almost Perfect Correlation – 02/01/16

An Almost Perfect Correlation While we slept in was reported China’s manufacturing sector contracted at the fastest pace since 2012 in January.  That added worries…

GDP Number Underwhelms – 1/29/16

The Bank of Japan shocked financial markets overnight by adopting negative interest rates for the first time ever, in a desperate attempt to kick start…

Rates Left Unchanged – 1/28/16

US Stocks sold off yesterday after the Federal Reserve left interest rates unchanged saying the economy has slowed since December.  The Fed also mentioned that…

Boeing Beats Analyst Expectations – 01/27/16

Boeing Beats Analyst Expectations US Stocks traded sharply higher yesterday led higher by big earnings driven gains and oil prices trading higher. Today investors are…

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