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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...
The term stagflation conjures up images of the 1970s, long lines at gas stations, and price controls For most Americans, their only knowledge of stagflation is from history books And even many older...
Entire generations of Americans grew up thinking that high inflation was a thing of the past But events of the past few years have shattered that illusion For anyone used to the 2% CPI increases...
Now that summer is coming to an end, kids are back at school, and businesses are gearing up for the end of the year push, things are getting back to normal as far as the economy goes Or at least...
In a recent NBC News poll, 74% of Americans think that the country is on the wrong track, and only 21% think the country is heading in the right direction That’s a sobering statistic, and one that...
Anyone who thought that the Federal Reserve would be able to bring inflation down with its latest steps to tighten monetary policy was disappointed with last week’s inflation numbers The consensus...
When you hear the term “lost decade” you think of Japan, and the period of time after the country’s meteoric rise in the 1980s From about 1990 onward, the country fell into a recession Growth...
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...
It’s safe to say that inflation has probably been at the forefront of most of our minds for the past few months Food prices have been rising for the past year, and if you’ve gone to the grocery...
This week promises to be another interesting one for markets, as all eyes will be on the Federal Open Market Committee as it holds its final meeting for the year While the end of the year is normally...
What had once seemed a tempest in a teapot has grown into a major scandal for the Federal Reserve System Two Federal Reserve Bank presidents have already stepped down from their posts, another is in...
