What Does Trucking Tell Us About The Economy? Pundits are prone to making confident predictions regarding the economy, but the reality is that the outlook is generally uncertain and there are always crosscurrents. A great example is the trucking industry which is in...
Insights and Ideas
Diversified Trust shares our knowledge on wealth strategies, investing, current financial news and trends.
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Wall Street has always been subject to fads that generally begin with a rational premise and then morph into bubbles as they gain popularity in the broader public. I am not referring to meme stocks such as GameStop which soared and then crashed...
American credit card debt in the first quarter of 2023 was at a record level of $986 billion having exceeded the previous high of $927 billion which took place in the fourth quarter of 2019. One particularly interesting note is that debt was...
Our current bout of inflation was initially attributed to supply chain shocks, the war in Ukraine, and other “transitory” issues. These problems seem to be abating and the reported rate of inflation has now declined for ten consecutive months. However, the Federal Reserve...
As shown below, the U.S. has $1.5 trillion in commercial real estate mortgage debt that matures through 2025. Unfortunately, there are a number of impediments to successfully refinancing much of that debt which may well result in a real estate crisis. First, banks...
I have written two white papers and a number of blog posts focused on the likelihood that technology in general, and artificial intelligence in particular, will soon replace a large number of jobs. That possibility has not really been of short-term concern because...