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Just a few months ago it seemed that everyone thought the US economy was on fire Markets were doing well, unemployment was low, and the real risk we were told was an overheating economy But now we...
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...
With all the headlines talking about how high inflation is, there’s a crisis brewing under the surface that is going largely unnoticed: the debt bubble This debt bubble is perhaps the largest in...
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...
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...
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...
If Vladimir Putin thought his troops were going to waltz into Ukraine and be welcomed with open arms, he was sorely mistaken The war in Ukraine appears to have devolved into a stalemate, a war of...
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...
While inflation continues to rise and cause the economy to weaken, you wouldn’t know it from looking at various economic measures Stock markets, for instance, have now largely shrugged off their...
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