by Peak Dev | Aug 13, 2018 | News, Perspectives
First quarter economic growth data has been unreliable in recent years. The government’s seasonal adjustment of data is large in the winter and is quite complicated. The first quarter also tends to have outsized weather effects and changing consumer trends. Some...
by Peak Dev | Jul 30, 2018 | News, Perspectives
Long-term US stock annualized returns, by definition, tend to be close to their 100-year average of 10%. This included many horrible time periods, including the Great Depression and world wars. As such, someone predicting future long-term stock returns might use 10%...
by Peak Dev | Jul 16, 2018 | News
In an era when media competition is intense, good news is rarely reported. Consequently, many Americans do not know that: With 120 countries experiencing economic growth in 2017, a strong, synchronized global economic recovery has begun The International Monetary Fund...
by Peak Dev | Jun 28, 2018 | News
June 28, 2018 The Capital Management Corporation is pleased to announce it has been named to the 2018 edition of the Financial Times 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms from across the U.S. This is the fifth annual...
by Peak Dev | Apr 1, 2018 | News, Perspectives
April 2018 The US Federal Reserve (the Fed) is shrinking its balance sheet this year by not replacing some of the maturing bonds in its portfolio. However, central banks in Europe and Japan continue to print record amounts of money to purchase bonds. Consequently,...
by Peak Dev | Apr 1, 2018 | News, Perspectives
April 2018 While monetary policy is controlled by central banks, fiscal policy is controlled by governments. Two fiscal policy methods to increase economic growth are lowering taxes and increasing spending. Recently passed federal legislation does both. The record...