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In 2015, keep eye on interest rates, oil price

Originally published on the Tahoe Daily Tribune’s website http://www.tahoedailytribune.com/news/opinion/14515203-113/percent-oil-price-interest Overall, 2014 was a good year for the markets and our economy. Inflation has been tame with the CPI up only 1.3 percent. GDP grew at a 5.0 percent annualized rate in the last quarter, and the unemployment rate is at 5.8 percent. Interest rates have remained low, with the yield on the Ten Year Treasury at 2.20 percent. US equity …Read More

The impact of falling oil prices on your wallet

Oiginally published on Marketwatch.com’s website http://www.marketwatch.com/story/the-impact-of-falling-oil-prices-on-your-wallet-2015-01-05?link=kiosk Most American consumers are delighted with the recent slide in the price of crude oil, which has lowered gasoline prices significantly. Falling gas prices have an effect on consumer prices. The most recent CPI report was released on Dec.17 and consumer prices had fallen by 0.3%. The core CPI, which excludes the volatile food and energy groups, rose by a mere 0.1%. Last year …Read More