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Archive for January 2017

The Ricks Report – January 30, 2017

The Ricks Report January 30, 2017 Numbers of $ignificance DOUBLE-DOUBLE – The national debt increased +37% during Bill Clinton’s 8 years as US president, reaching $5.7 trillion as of 1/20/01. The national debt increased +86% during George W. Bush’s 8 years as US president, reaching $10.6 trillion as of 1/20/09.  The national debt increased +88%…

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The Ricks Report – January

­ The Ricks Report January 23, 2017   Numbers of $ignificance YOU ARE REPLACEABLE – Although just 5% of occupations consist of activities that are 100% automatable, i.e., they could be replaced entirely by technology or robots, 60% of all occupations have at least 30% of their daily activities that are automatable (source: McKinsey Global…

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The Ricks Report – January 17, 2017

The Ricks Report January 17, 2017 Numbers of $ignificance FEWER COLLEGE STUDENTS – There were 0 million college students during the fall of 2016 (both undergrads and grad students), the 5th consecutive year (2012-2016) that the total number of students has declined on a year-over-year basis (source: National Student Clearinghouse Research Center).                    MOST EVER…

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A Tribute to Dr. Martin Luther King

If you were to create a list of Americans who’ve had great influence on our country during the past 100 years, it would not be complete without the name Dr. Martin Luther King, Jr. While he’s best remembered for fighting for civil rights for African Americans, Dr. King also adhered to the idea revolutions can…

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7 Resolutions for Your IRA for 2017

  A new year brings a fresh start and a chance to do things better. You probably have a few resolutions for 2017. You may be planning to eat healthier, get more exercise, or stick to a budget. As you are making your resolutions for the new year, don’t overlook your IRA. Here are a…

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The Ricks Report – January 9, 2017

­ The Ricks Report January 9, 2017 Numbers of $ignificance STRONGER DOLLAR, WEAKER EURO – 19 of 28 economists (68%) polled in late December 2016 believe that the Euro will “hit parity” with the US dollar during 2017, i.e., 1 Euro will equal 1 US dollar, the result of rising US domestic interest rates. The…

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The Ricks Report – January 3, 2017

The Ricks Report January 3, 2017 Numbers of $ignificance HOUSING – The average interest rate nationwide on a 30-year fixed rate mortgage was 4.32% at the end of 2016. The record low national average was 3.31% as of 11/22/12 or just over 4 years ago (source: Freddie Mac). OIL PRICES – The price of oil…

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