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If you feel like the inflation of the past several years has left you behind financially, you’re not alone Over 97% of all salaries in this country have failed to keep up with inflation over the...
Six months ago, Wall Street was beside itself with glee in the expectation that the Federal Reserve would soon begin to start cutting interest rates Yet here we are nearly mid-year and, while other...
During boom times, many people focus on making as much money as they can And when the boom turns into bust, they look to protect the money that they made during the boom For many people, wealth...
More than anything else, stagflation defined the 1970s The portmanteau of stagnation and inflation was an economic catastrophe that completely dumbfounded the mainstream economic establishment at the...
Reading the mainstream media over the past few months, you can be forgiven for thinking that inflation isn’t a problem anymore After all, with a tough election coming up this fall, President Biden...
There are three words you’ll never hear come out of the mouth of anyone in a position of power in Washington, DC In fact, these three words are so difficult to say that it’s likely there are more...
While the Federal Open Market Committee was expected to hold rates steady at last week’s meeting and did so, and while no one expects rates to be cut before June at the earliest, you would think...
As the Federal Open Market Committee meets again this week for its decision on interest rates, its decision is basically a foregone conclusion No one expects the FOMC to cut rates this week, as Wall...
For the second month in a row, inflation came in hotter than forecast, with the year on year inflation rate rising to 32%, higher than the 31% that had been forecast Along with that came monthly...
While much of the mainstream media has been urging the Fed to declare victory over inflation and just get on with rate cuts already, inflation itself is being stubbornly persistent And two recent...
As 2024 starts, there’s one thing on many Americans’ minds: will the US economy fall into recession or not Especially after bank failures early in 2023, everyone waited with bated breath last...
As the Federal Open Market Committee (FOMC) meets this week, Wall Street’s hopes for a rate cut seem to be fading Between last week’s jobs numbers and this week’s CPI figures, the case for...
While fear of recession may be growing in some quarters, so too are fears of stagflation The very term brings back memories of the 1970s, with high inflation, stagnant economic growth, and general...
As millions of Americans start to move around the country to be with their families for the Thanksgiving holiday, it’s time to start thinking about what we can be thankful for While the past...
The latest inflation report seems to underscore one of the problems with official inflation figures While the 32% headline inflation figure remains above the Fed’s 2% target rate, it doesn’t seem...
The Federal Open Market Committee decided at its most recent monetary policy meeting last week to pause rate hikes once again, leaving the target federal funds rate at 525-550% That was a move that,...
Many Americans reflexively trust experts when it comes to issues with which they don’t have much experience Whether it’s doctors, lawyers, or economists, they trust that the experts are devoted...
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