Jaffe Morning Briefing

The Jaffe Briefing - September 20, 2017

OUR TAKE ON THE NEWS IN NEW JERSEY TRENTON - In all the fluff of a political season - when all candidates promise to save the world in exchange for your precious vote - there's one issue that needs addressing: the F grade that our state finances have received from Truth in Accounting - a think tank that analyzes government financial reporting. Of no surprise, the think tank claims the state's finances have been in a free-fall over the past three years and now New Jersey is in the worst financial shape of any state. A ...

investorsBank Economic Outlook

“Retailing is a disaster.”  That is a common refrain these days.  But that is not correct.  Although brick and mortar retailers are having a rough go of it, total retail demand is rising at a decent pace.  What is happening is that the retailer of choice is becoming – more and more – the Internet.  But that change, although destructive for many, is something we have seen before and should lead to an even healthier retail sector.  Households are still spending their money.  Okay, ...

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