The Federal Government’s Unlimited Checkbook During the first 10 months of the 2023 fiscal year (ending this September), the federal government deficit reached $1.52 trillion. That is the bad news. We made progress because the deficit is 6% lower than last year....
Time to Time? The S&P 500 hit its peak on July 16th at 5667.20 and has drifted downward, closing at 5183.56 on August 5th representing almost a 10% drawdown. With so much uncertainty in the domestic and world economies, why don’t we get out of the market at the...
Provise Recognized Financial Advisor Magazine has just released its 2024 ranking of Registered Investment Adviser firms based on assets under management. With just over $1.8 billion in assets under management as of 12/31/23, ProVise is ranked #212 nationally, #8 in...
Another Inflation Battle Won, But the War Continues Inflation is officially off the boil, with headline CPI finally down to the 2% range (2.97% year-over-year) in June. Chairman Powell also highlighted recent labor market weakness as justification for a rate cut this...
There is Fraud and Then There is More Fraud How much money do you think seniors aged 60 and older lost to financial fraud last year? According to the FBI Elder Fraud Report for 2023, seniors filed 880,000 complaints for $3.4 billion. We suspect the number of seniors...
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