12.16.2022
The ‘Bad’ Retail Sales Report Is More Complicated Than It Sounds
At first glance, the advance monthly sales for retail and food services numbers released by the Census Bureau (part of the Commerce Department) were disappointing, down 0.6%, plus or minus 0.5%, from October to November. But if…
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As Office Values Plunge, Owners Appeal Tax Assessments
Municipalities and school systems that depend on property taxes to fund their budgets may face shortfalls due to the plunge in office values—especially in cities that do annual property assessments—as more and more building owners…
Read More12.14.2022
The Contradictions of 2022 and Emerging Trends for 2023
2022 will be recalled as one of the most interesting and contradictory years in history. The stock market dropped precipitously, and inflation peaked at its highest in decades. Yet, through it all, advisors thrived in…
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Inflation Moderates More, But How Will the Fed React?
There was some moderate good news on the inflation front, with seasonally adjusted overall inflation up 0.1% month over month in November. Significantly better than October’s 0.4%. Without seasonal adjustment, the year-over-year view was 7.1%. Slowing…
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