February Graphic of the Month

  
The chart to the right was published by Mark Perry for the American Enterprise Institute.  The AEI is a national policy thinktank and Mark, in addition to his blog for the AEI, is a professor of economics and finance with the University of Michigan. His graphic here, shows the percent changes since January 1997 in the prices of selected consumer goods and services, along with the increase in average hourly earnings.
 
See any patterns?  His position is that those goods and services with less import competition, or “Non-Tradeables”  (largely services such as childcare and education) have had cost increases far in excess of those goods considered “Tradeables” (cars, cellphones, etc.) and he believes this can be attributed to the lack of competitive market forces.   While there will be other factors at play (productivity gains which make manufactured goods less expensive, for one example) – it certainly gives us pause for thought as the China trade negotiations continue to dominate headlines. 
 
And as anyone with a college-bound child or who has seen medical insurance premiums skyrocket can tell you … the disparity is real, regardless the cause.

January Graphic of the Month

C hristmas week was one for the history books. Whiplash, anyone?  Shown are Stock Market charts by day to illustrate the crazy week.


Christmas week was one for the history books. Whiplash, anyone?  Shown are Stock Market charts by day to illustrate the crazy week.
































Source: MarketWatch


Source: MarketWatch

To read the whole article CLICK HERE































SOurchye

Notable and Quotable

Spring Training Games


 On February 23rd and February 26th Copperwynd Financial will be hosting our annual Client Appreciation Games!  Watch your email inboxes by February 1st to get the details on how to RSVP!





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