If someone told you that gold, toilet paper, and baby formula have one thing in common, would you be able to figure out what it is Or would you scratch your head and have a tough time coming up with...
Groupthink is a powerful thing It wasn’t that long ago that most people seemed to think that the US economy was just fine, even hot Consumer spending was strong, the unemployment rate was low, and...
Last month’s inflation numbers were a bit of a respite for the Biden administration, but hardly a relief While month-on-month inflation dropped to 03% and year-on-year inflation dropped to 83%, we...
Financial media for the past several months have been full of headlines touting how strong and hot the US economy is The supposedly tight job market was supposed to be an indicator of economic...
At last week’s Federal Open Market Committee (FOMC) meeting, the Federal Reserve made two major policy decisions First, the FOMC raised the target federal funds rate 50 basis points, to ¾ to 1...
The past two years have made more and more people aware of the existence of the “everything bubble” that has slowly built up in this country over the past decade or so One of those bubbles is a...
A decade ago, digital currencies were still being viewed with skepticism While Bitcoin and other cryptocurrencies had a following among young, technologically adept people, politicians and regulators...
It’s hard to believe that the world as we once knew it completely changed just two short years ago And it’s hard to believe sometimes that that was only two years ago, as it feels like a lifetime...
With the Federal Open Market Committee’s next monetary policy meeting scheduled to take place in two weeks, FOMC members have to be feeling the heat After a weak move to try to stem inflation by...
As unbelievable as it sounds, there are people who believe that the US economy is doing well For some reason, they think that high and rising inflation is a sign of a heated up and strong economy But...
It’s no surprise that the US government’s spending makes a drunken sailor look frugal The US national debt is above $30 trillion, and the annual budget deficit is expected to exceed $1 trillion...
Maybe you’ve been watching inflation slowly creep up month after month Maybe you’ve watched as your grocery bill climbs week after week Maybe you’ve wondered how much longer you can afford to...
As good as the past 50 years have been for many people, there’s no denying that they could have been better Investors have certainly done well, thanks to the great bull market that ran from...
When times get tough, investors look for safe havens to help protect their assets And with everything going on in the world today, it’s no wonder that investors are flocking to safe haven assets in...
In part one of this series, we began exploring the Federal Reserve, what it does, and how it can impact your financial well-being In this part, we’ll delve a little deeper into why the Fed was...
Everyone today knows that the US dollar is the world’s reserve currency More dollars are held as foreign exchange reserves than any other currency in the world, and more international transactions...
You’ve probably heard about the Federal Reserve System, but do you know what it does, and how what it does impacts your finances and investments If you’re like most Americans, you may have a...
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