Spoiler alert: It isn't. Sure, “The Market” is down. It has fallen way back to levels we haven’t seen in…6 months. Last summer, when “the market” first hit these levels, it was at an all-time high. These levels were wonderful. But now, because the prices had risen briefly higher in the interim, these same prices [...]
Rogan & Associates is truly blessed with great clients who compliment us by referring their friends and family. I’m often asked to explain what it is we do that sets us apart from other financial services firms. It occurred to me this week that one of the most important things we do for people is [...]
Jimmy Carter, the thirty-ninth president of the United States passed away this weekend, at age 100, the first former president to ever reach that milestone. The Election of 1976, when Carter won, seems like it happened in a different country. The Democrats swept all the states of the Confederacy with the exception of Virginia. The [...]
It’s almost over! Unfortunately, those texts might not stop right away. Unless this election is an unexpected blowout, some key states won’t have full counts of all their ballots for several days. That said, enough results from some hotly contested states like Pennsylvania should be in so by the wee hours of Wednesday morning we [...]
Now that we have your attention, let’s take a look at uncertain times and certain times. In our decades of delivering financial guidance, we can’t recall any certain times, which could make you think it’s even more important to know how to react to uncertainty. Here’s some of the uncertainty we’ve witnessed in the last [...]
Given recent events, we sense a need to send you this booster shot of “Vitamin C(alm)”. After numerous conversations with clients during annual review meetings, we thought this would be a good time to discuss the ultimate impact of the ‘Crises du jour’ on your financial plan. Our intent is not to downplay the significance [...]
The consensus among economists puts the odds of a recession starting sometime in the next year at 30%, according to Bloomberg's most recent survey. No wonder the S&P 500 is deep in correction territory and flirting with an official bear market. We think the near-term pessimism is overdone. Yes, a recession is likely on the [...]
No one can say that the Federal Reserve can't do the impossible. At long last observers from across the political spectrum agree on one thing – that Jerome Powell and the Fed are well behind the inflation curve and have a lot of catching up to do. These days, that's virtually impossible. Consumer prices are [...]
ntellectuals and politicians often try to verbally summarize or justify conventional thinking in pithy ways. Milton Friedman (in 1965) and Richard Nixon (in 1971) both said different versions of the phrase "we are all Keynesians now." John Maynard Keynes, one of the most famous economists of all time, supported deficit spending and government manipulation of [...]