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Money & Finance

Monday Economy Blog#2

What does this mean?

For one thing, the job market will probably get worse. Do you have your finances in order to weather an economic downturn? It may be time to think seriously about it. Contact me today to discuss your Small Business and how to protect yourself.

Monday Economy Blog#1

We hear a lot about home well the economy is doing. Certainly the stock market is making money for corporations and brokers, but are people overall benefiting? That can be debated. However, data clearly shows that things are about to change for the worse, and tougher times are probably ahead. What signs are there? Glad you asked.
This graph plots monthly unemployment rate (UR) over time with recessions highlighted. Since 1954, whenever UR falls below 5%, an economic downturn soon follows.

Monday Small Business Blog