An Introduction
Hi. Welcome to BourGroup and my blog. Phil
Phil Bour is a CERTIFIED FINANCIAL PLANNER(tm) professional since 2004, a Magna Cum Laude college graduate and an accounting professional for over 35+ years. I love numbers, statistics and economic history.
I am also an Enrolled Agent (EA) to represent taxpayers before the Internal Revenue Service and to prepare tax returns.
"Phil"osophy: I believe that you can manage your money on your own (not necessarily through individual stock selection but through mutual funds, ETF's and other solutions) once you receive some one-time, professional guidance. Why pay annual fees when there may be little added value? For additional information, first read the "An Introduction" label at the left. Then move on to others.
Yield Curve
Current monetary policy has a significant influence on the yield curve spread ...
A rise in the short rate tends to flatten the yield curve as well as to slow real growth in the near term.
Inflation tends to be positively related to activity.
... stock prices are determined by expectations about future dividend streams, which in turn are related to the future state of the economy.

- from Current Issues in Economics and Finance