Do Gasoline Prices Nosedive Before Elections?

I have heard quite a bit of chatter about the price of gas always dropping before an election.  I wanted to see for myself.  The results are quite interesting.  It looks like prices go down during election seasons.  As you can see in the third graph, they also go down during non-election falls as well.

As is the philosophy at ExPed, see for yourself!

With all of the doom and gloom in the news lately, I felt like posting some good news.

The recent gains in consumption we have seen seem to be supported by real wage growth.  

That gives the forecasts that predict a firming economy some credence.  Good news for those that sell things.

 

Could Be Time To Buy or ReFi Your House

We all believe Mortgages under 4% will not last forever.  If you have had the self discipline to wait for the very bottom of the mortgage interest rates now may be the moment.  Interest rates have been going sideways for a few months.  This is coupled with what seems to be growth in demand. 

Income is important

A quick look at the daily report from Friday shows real disposable income is gaining more than it is losing over the last months.  When you look a little deeper, we are not in the clear yet.  Growth in real consumption expenditures is growing faster.  This is supported by the steady growth in installment credit.

Until incomes firm up, the real economy will have a hard time sustaining growth.