Smart Investing with Brent & Chase Wilsey

Real Estate Investment Trust
Months ago at my investment firm, Wilsey Asset Management, we made a decision to go into a real estate investment trust to begin buying class A commercial property that w…

United Auto Workers
I understand that unions want to try and provide benefits for their workers, but the United Auto Workers (UAW) seems to be asking for unachievable demands. The negotiations with S…

Jobs Report
The Jobs report showed nonfarm payrolls grew by 187,000 in the month of July, which missed the estimate of 200,000. The unemployment rate ticked down to 3.5% vs the estimate it would hold…

Stocks
When it comes to managing our half billion dollar portfolio, we always talk about how it is a market of stocks and not a stock market. With that being said, it doesn’t mean we don’t have a clu…

CPI
If I told you last year we would see inflation at 3%, would you believe it? In the month of June that is exactly what we saw as the CPI rose 0.2% compared to May and it was up just 3% compared to…

Employment Report
The employment report showed nonfarm payrolls increased 209,000 in the month of June which was well below the expectation for growth of 240,000. Payrolls were also revised lower by …

Inflation
The Fed's preferred gauge for inflation, the Personal Consumption Expenditures (PCE) price index, showed inflation is continuing to cool. The headline number came in at 3.8%, which is below…

Stock Valuations
The tech boom and bust is often referenced as an example of the dangers of high valuations in the stock market, but one that is less talked about is the Nifty-Fifty. This was a group…

Inflation
Inflation continues to retreat from the high levels we saw last year. May's CPI report showed headline inflation rose 4% when compared to last year. This is a nice deceleration from last mo…

Jobs Report
After analyzing the recent jobs report further, I noticed some good news that was somewhat buried. There’s been concerns in this job market about the labor force participation rate remain…

Jobs Report 
Overall, I'd say the jobs report showed some good numbers. The headline number was strong with an addition of 339,000 new hires, easily topping the estimate of 190,000. The prior two mon…

US Debt
The talk began Thursday morning about a rating downgrade for US debt. The bad news continues to make headlines and drive broader markets and value stocks lower. We took a look at the US debt …

Consumers
Based on retail sales it looks like the consumer is softening, but I would not say to problematic levels. In the month of April retail sales rose 0.4% compared to last month and were 1.6% h…

CPI
Headline CPI of 4.9% came in below expectations of 5.0% and registered the slowest growth since April 2021. It also marked the 10th consecutive month of slower growth since the report peaked in J…

Jobs Report
The jobs report showed nonfarm payrolls increased 253,000 in the month of April, which easily topped the estimate of 180,000. On the negative side, the prior two months saw revisions to t…

GDP Report
While the GDP report showed the economy grew at an annualized seasonally adjusted rate of just 1.1% and was below expectations of 2.0%, it showed the consumer is still spending. In total, …

Remote Work
Another sign that workers will be coming back to the office was a report that showed tech companies over-hired and that working from home did not prove to be that effective. Year to date,…

CPI
Headline CPI came in at 5% compared to last year, which was the lowest level since the May 2021 report and well off the June 2022 high of 9%. Some reasons for the slower gain include gasoline whi…