Bad Bad News

Lots of data continues to develop. One minute we see the stock market racing up at an amazing momentum and the next minute it’s headed downward and fast. One data set tells us everything is going to be okay and the next says quite the opposite. When we are in the midst of unprecedented times, this will be the case. There is lots and lots of noise. Don’t let it drown out the important factors. This week I decided to take a deep dive into housing. I wanted to examine rent debt, mortgage ra...

Crisis after crisis after crisis. That’s the best way to put what’s been going on over the past several weeks in the US. We are experiencing a vaccine shortage in the midst of a pandemic with different variants now surfacing. Questions like will Covid be something that will never going away? It’s too early to tell is what many epidemiologists have stated. All that aside, it’s been interesting for me to see two different worlds, one in where investors believe wholeheartedly that this market hi...

Check out the video recordings of our interviews on our Bad Bad News Podcast YouTube Channel!!I’m a week late, but I think it worked out better this way because of all the unprecedented events we’ve seen happen just within the three weeks. In addition to the global pandemic, the never ending political divide in the US, the increasing income inequality, we now have somewhat a war on Wall Street happening. You may feel down just thinking about all of this. I mean, come on, this is called the Ba...

I know it’s already been a rollercoaster of the first couple of weeks of the new year. I know everyone is talking about the Capital Riots that took place on January 6th and the 2nd impeachment of President Trump. 2 unprecedented events in a matter of a week. I’ve been wondering if there truly is a way to find unity, again. I hope we do, because I know we are stronger, together. Covid and its impacts will most likely be our new normal for a few years. Unfortunately, or fortunately, my fellow A...

As we shift into the holiday season, many of us aren’t as aware of all that’s been going on in the financial markets. It’s the nature of the season. We should be focusing on the cheer that comes with this merry season. But, the economy never sleeps and that’s probably for the best. We’ve gotten a lot of mixed signals from many economic indicators. We’ve also received some much needed good news about vaccines becoming available soon. But as I’ve stated in the past, the recovery cannot truly be...

It seems as if everything has calmed down over the last couple weeks. We’re hearing more and more about the rising Covid numbers and less about the election. We’re also hearing more from Fed Chairman Jerome Powell on the status of the economy and how he believes a recovery is going to take a long time. This is what I also believe. The stock market is in its own world and does not accurately reflect what is being experienced on Main Street. People are still struggling to make ends meet and are...

The Election. That’s been the biggest story these days. On Saturday, November 7th, the race was called and showed that Joe Biden will become the next President of the United States. President Trump has not accepted the results, nor do I foresee him doing so. Many of his supporters have called out election fraud. I can say that living in Nevada, that there have been several friends of mine that have told me that their votes did not count. Meaning that when they went on the website to track the...

As the Covid-19 pandemic continues to spread, the uncertainty of an economy recovery continues to increase. When will the economy jump back? Will a stimulus package ever get passed? Will a Trump presidency bring an economic recovery? Will a Biden presidency? My honest opinion is that it won’t matter who wins when it comes down to the economy. Though, I still believe that everyone should vote. But that is beside the point. Everyone keeps pointing out the different tax plans and although there ...

The Merriam-Webster dictionary defines chaos as a state of utter confusion. What the American people are currently experiencing is unprecedented chaos. Chaos that we haven’t seen on this scale in my lifetime or my parents’ lifetime. With what seems like a never ending news cycle, it’s hard to keep up with all the developments. Many, including myself, thought that the death of Supreme Court Justice Ruth Bader Ginsburg was going to be our last surprise before the election. But 2020, like with e...

The last 2 weeks has shown us that volatility is still present in the market. It’s hard to not point out that the political risks in the US are rising at levels we haven’t experienced in the recent past. But, like with everything in 2020, the word unprecedented comes to mind. A divisive election is coming up, the Supreme Court Justice seat is trying to be filled before the election, and in all honesty, it feels like it’s one big circus. I keep asking myself, how did we get here? Political ris...

As always, we will start with hard economic data and make sense of it all. We’ll then talk about the similarities between 9/11 and the current crisis we are facing with Dr. Clemens Kownatzki, currently the Department Chair of Accounting, Finance, and Real Estate at Pepperdine Graziadio Business School. Then, we’ll end with the European View, where we look into how Europeans are re-inventing office space. Support the show

First off, my apologies for the one week delay. If you subscribe to my email list on my website, you can get updates about new podcast episodes and blog posts straight to your email. www.rockwellconsultantsllc.com There has been a lot that has occurred over the last three weeks, but that seems to be the way things are going right now. Everything seems to constantly be changing. Anytime I watch the news it baffles me when I see media outlets trying to spin economic data one way or another...

I don’t need to tell you how crazy the last few weeks have been with all the new economic indicators coming out. We’ve seen the biggest GDP contraction in modern history but we are also seeing other economic indicators turn positive. What does this all mean? We talk with Chris McGee, a senior investment analyst for Yamaha, about a way forward through this economic uncertainty. Finally, we end like we always do with the European View. This week we’ll be discussing the German housing market and...

Let’s first start by diving into new economic data that has been released. We’ll look into a number of indices that can tell us what is happening right now in the economy. We then look into US banks and how they are bracing for the worst to come. Finally, we dive into our bi-weekly segment of the European View. We’ll talk about their recent stimulus deal as well as a strict housing measure introduced in Barcelona, Spain. Support the show

So what has gone on in the past few weeks? A lot of economic data has been released signaling a recovery is near. But is that really the case? There's been a lot of talk about the rental housing market and I thought it would be a great topic to explore, so we look at two major cities, NYC and SF to see what is going on. We'll then dive into the European market and see how they are fairing thought the COVID-19 pandemic economically. Specifically, we look at what the city of Lisbon, Portugal ha...