De Groote Financial Group December 14, 2021

Week Ending December 10th, 2021

James Madison warned us… “If Congress can employ money indefinitely to the general welfare, and are the sole and supreme judges of the general welfare, they may take the care of religion into their own hands; they may appoint teachers in every state, county, and parish, and pay them out of their public treasury; they may take into their own hands the education of children, establishing in like manner schools throughout the Union; they may assume the provision for the poor; they may undertake the regulation of all roads other than post-roads; in short, everything, from the highest object of state legislation down to the most minute object of police, would be thrown under the power of Congress; for every object I have mentioned would admit of the application of money, and might be called, if Congress pleased, provisions for the general welfare.”

De Groote Financial Group July 15, 2016

Bond and Stock Markets Both Reach Record Highs… The U.S. 10-year Treasury bond yield fell to 1.36%, a record low, while the S&P 500 and Dow Jones Industrial Average both moved up to record highs. What it means– Both trends make perfect sense, but not from an investing point of view. For bonds, central banks around the world are […]

De Groote Financial Group May 20, 2016

Consumer Prices up 0.4% in April, and 1.1% over Last Year… Excluding food and energy, prices were up 0.2% last month, and 2.1% over the same period last year. What it means– Gasoline prices ticked higher with oil prices last month, pushing the consumer price index higher. Costs rose in most areas except apparel. But the growth rate slowed […]