The U.S. Economy

This past month, the Mackey Advisors team attended an economics presentation by Alan Beaulieu, the President of ITR Economics and a leading authority on global economics.  His presentations are informative and detailed providing unique insight into economic trends; both short and long term.  His latest report was positive and upbeat, especially for the United States…. Read More

Mackey Advisors Economic Update

4th quarter 2016

All indicators are now pointing, more or less, in a positive direction for the U.S. economy.  The consumer continues to be in the driver’s seat, enjoying low energy prices, low borrowing costs (for now anyway), rising wages and a strong housing market.  As far as the economy is concerned, the elections were a non-event.  Although… Read More

Mackey Advisors Economic Update

3rd quarter 2016

The U.S. economy continues slowly chug along.  The consumer continues to drive U.S. economic growth with Retail Sales and Housing Construction continuing to show strength.  The Brexit has come and gone with little long lasting impact to the global economy.  The next headline leading news will be the presidential elections scheduled for Tuesday, November 8th. … Read More

A Cybercrime That Could Bankrupt Your Company

During the summer of 2008, a different type of cybercrime was identified — corporate account takeover. It is costly and ranks among the fastest and most stealthy type of attack. Cybercriminals engaging in this activity surreptitiously obtain an entity’s financial banking credentials, use software to hijack one of its computers remotely and steal funds from… Read More

Mackey Advisors Economic Update

2nd Quarter 2016

The U.S. economy continues to remain a bright spot in the world despite significant headwinds that dampened activity in the early months of 2016.  The consumer is driving U.S. economic growth.  According to recent Consumer Confidence reports, purchasers continue to view business and labor market conditions (i.e. personal income prospects) positively.  They are cautiously optimistic… Read More

Negative Interest Rates – The Great Experiment

The Federal Reserve remains committed to raising the Federal Funds rate, a benchmark that can affect the interest rates charged on many types of consumer credit.  But abroad, a different experiment is underway.  As of late April 2016, six foreign central banks have adopted negative interest rates in an effort to stimulate their national economies. … Read More

Caring for Parents and Children – 5 Things to do NOW

The Sandwich Generation:  A colorful label for the people who find themselves providing financial, emotional and physical support for both their aging parents and their children at the same time.  According to a 2013 Pew Research Center report, nearly half of adults in the sandwich generation have a parent age 65 or older and are… Read More

Mackey Advisors Economic Update

1st Quarter 2016

The U.S. economy remains a bright spot in the world despite significant headwinds that dampened activity in the early months of 2016.  Manufacturing production has been consistent over the past four months, continuing to edge higher in the first quarter, boosted by strong automotive output.  Yet a healthier economy and differing monetary policy opinion pieces… Read More

Avoid the Scams

Late Stage College Planning Series – 7 of 7

Fraud takes many forms and scams have been around for a long time.  With the emergence of the internet and social media, it’s become much harder to identify who is legitimate and who is the fraudster.  Even the brightest students and their parents can fall victim to the schemes of scammers.  Avoiding scams requires constant vigilance… Read More

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Mackey Advisors Economic Update

4th Quarter 2015

The U.S. economy, though soft in the second half of 2015, remains a bright spot in the world.  This is despite significant headwinds created by the problems facing the majority the globe’s economies.  The world’s largest economy is being bolstered by gains in Consumer Spending and Construction.  Strong employment growth, cheaper gasoline, and higher home… Read More