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Dow down 1,500 points. Black unemployment reported at 7.7%.

As we noted on 12/30/17 when we released our 2018 Economic Forecast, "We anticipate the following: 1. Interest rates. Increasing. 2. Market volatility. We expect a major spike. 3. Bitcoin. Gaining traction, especially in light of increased traditional market volatility. 4. Equity returns. Lower than 2017. 5. Black Unemployment. Black unemployment falls at the end of a sustained period of domestic economic growth and falls with a decline in immigration. This is counterbalanced, however, by increasing racism in general and specifically negative, anti-Black racial attitudes. Given an increase in the latter, we expect Black unemployment to increase toward the end of 2018, despite positive headwinds from reduced immigration." Black unemployment was reported at 7.7%. The Dow is down 1,500 points. For more, see: forecast2018.eventbrite.com

Impact Investing Forum - Hilton West Palm Beach, West Palm Beach, FL- April 22-24, 2018

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Impact Investing Forum- Hilton West Palm Beach, West Palm Beach, FL- April 22-24, 2018

www.opalgroup.net/trk/iifb1825.html

The Impact Investing Forum will look at many of the asset classes that encompass this space. We invite you to join us and meet top influencers, experienced investors, money managers, and service providers that are leading the charge in this ever growing space. Themes of defining impact investing, portfolio construction, asset class opportunities, and the role of the investor are just a few of the stimulating topics to be covered at this event.

Exclusive discount for readers of this blog - get 15% off. Discount Code: CIIF2018

Black Unemployment Jumps to 7.7%

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Five days after the trump administration proclaimed that "African-American unemployment stands at the lowest rate ever recorded,” the US Department of Labor reported on Friday that Black unemployment for the month of January jumped to 7.7%.

As we noted on 12/30/17 in our Fully Adjusted Return Economic Forecast summary,

"Black unemployment falls at the end of a sustained period of domestic economic growth and falls with a decline in immigration. This is counterbalanced, however, by increasing racism in general and specifically negative, anti-Black racial attitudes. Given an increase in the latter, we expect Black unemployment to increase toward the end of 2018, despite positive headwinds from reduced immigration."

Note that our June 11, 2016 Fully Adjusted Return Election Forecast also correctly predicted Donald Trump's win, and can be found at: https://www.linkedin.com/pulse/why-trump-win-william-michael-cunningham-am-mba/

For the full 2018 Economic forecast, pleas…

Fully Adjusted Return Forecast for 2018

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For the full forecast, please join us at 6 pm on February 13, 2018 (1/9/2018). RSVP at https://forecast2018.eventbrite.com


Impact Investing Services

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On WURD RADIO Thursdays at 6pm...

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"U.S. clean energy developer shares dropped this week, as the Senate tax bill threatens to erode the $12 billion tax-equity financing market for wind and solar. Renewable-energy developers sell the credits to banks and insurance companies, which then apply the credits to their own tax bills."



See: https://www.bloomberg.com/news/articles/2017-12-04/tax-reform-could-stifle-jpmorgan-s-support-for-renewable-energy