Author Archives: Income Surfer

2017

2017- An Eye to The Future

It is 2017, and we are cautiously optimistic about the new year. The last few weeks were full of Christmas preparations and a trip to visit family out of state. While this winter has been unseasonably warm in Florida, with temperatures rising into the 80s Fahrenheit most afternoons, I was shocked to notice that the temperature was consistently above 50 degrees Fahrenheit on our recent trip to the Midwest. I hope this doesn’t mean we are in for a whole summer of hot and dry weather……. Continue reading

Binary World

We just came up for air, and realized that it’s been two weeks since we last posted on the IncomeSurfer.com. I is my intention to post a minimum of once per week, so I apologize for the delay. Over the past two weeks we have been preparing the house to sell, getting over yet another cold, and trying to move past the loss of friends/family. You’re not hear to read a sob story, so I won’t pour it all out….but with the loss of a kid I helped raise and a colleague……the last few weeks has definitely taken the wind out of our sails. Continue reading

A Chicken In Every Pot

Wild times in the global stock and bond markets over the past week, no?! Bond yields have shot up, with values correspondingly falling. While not nearly as significant as the 2013 Taper Tantrum, the current move is only seven days old. The question is why are those bond yields climbing? Many “experts” say it is because Trump is going to spur growth with tax cuts and infrastructure spending. That is possible, but because the infrastructure program will likely be financed by deficit spending…..it seems likely to me that the rise in bond yields is the result of market participants anticipating a wave of new bond issuance from the US government. Time will tell, but the government will have to pay for all that spending somehow……..and it doesn’t sound like it will be through raising taxes revenue in the foreseeable future. I would suggest that with the new Trump regime, the path forward is even murkier than we typically see with a new president. Either way, it should make for some interesting viewing over the next four years. Continue reading