The $40 Trillion President

From the first quarter of 2009 through the end of the year 2016 – roughly the span of President Barack Obama’s administration – the United States of America added about $40 trillion in household wealth. Here you go: via WSJ: U.S. household net worth climbed to a record $92.8 trillion in the fourth quarter of…

Why Homebuilders are Bucking Interest Rate Fears

Real quick – the Federal Reserve today voted to raise overnight Fed Funds rates by a quarter of one percent today to a range of .75%-1%. Markets were expecting it and wanted it. The Fed had a window without geopolitical happenings or market volatility and they did what they needed to do. I want to point…