Logic First? Or Second?

Paul DursoEconomic Update, InsightsLeave a Comment

Wow, what a start to the New Year. It’s official – they tell us the first trading day was the worst in 84 years! The drums are already beating about how bad things will be all year given how bad they have started for 2016. The news is dripping with “new” fears…but are they new? Let’s Think Logically Is it … Read More

New List of Fears

Paul DursoEconomic Update, InsightsLeave a Comment

Well the year has not yet really started and we have a new array of things to fret over. How many times will the Fed hike? Will they hike at all? Will they hike too many times? Will they cause a recession? Will cheap oil kill us all? (Forgive me but my mind has difficulty wrapping my head around the … Read More

2015 Year in Review

Paul DursoEconomic UpdateLeave a Comment

[fusion_builder_container background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”” padding_top=”20″ padding_bottom=”20″ padding_left=”” padding_right=”” hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][fusion_builder_row][fusion_builder_column type=”2_3″ last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_text] 2015 Year … Read More

Same Old Fears?

Paul DursoEconomic Update, InsightsLeave a Comment

I was set to write a different note this morning. That was until the ill-fated economic readings came out of China last night. Asian markets immediately sold off as the manufacturing PMI was a shade under “expectations” at 48.2 for December, from 48.6 in November. Oddly, the sellers seem to have overlooked the services index reading which came in above … Read More

Happy New Year – and More

Paul DursoEconomic Update, InsightsLeave a Comment

Most important for today – the last morning note of 2015 – I want to wish you and yours the very best of the New Year. May 2016 be happy, safe, healthy, blessed and filled with prosperity. Before we leave this rather forgettable market year behind – a couple of numbers you might fancy to take note of – and … Read More

Some Things Never Change

Paul DursoEconomic UpdateLeave a Comment

While many gather in bomb shelters across the land, I hope you are receiving internet service in order to read your morning notes.  As the DOW plummeted over 1,100 points in the opening minutes yesterday, hovering around 15,500, investors scrambled to save what was left after a 30+ year run of over 1,600% gains and more than a doubling since the Crisis Lows … Read More