Is the flattening yield curve telling us a recession is around the corner?
Suddenly everyone is talking about the yield curve: Barron’s, Bloomberg, CNBC, and The Wall Street Journal.
Given all the attention it has gotten in recent months, most everyone seems to know that the bond market’s yield...
Potential implications for the U.S. economy and its stock markets
The 2018 Midterm Elections will feature hundreds of hotly contested races at the state and local level and will culminate with the November 6th general election that will decide whether the Republicans maintain – or the Democrats ga...
But it’s easier to get into Harvard than get an administrative assistant job
On Friday, September 7th, the United States Department of Labor released the “Employment Situation” report and there were some fascinating and quirky data points. Let’s examine a few:
Historical Numbers
- The unemployme...
The hope for a stronger U.S. dollar is very much in the news lately. But most Americans, other than tourists beyond our shores, don't focus on what that means to them. For U.S. investors, the upshot is not always great. In fact, for most, currency fluctuations worldwide (and not just that of the dol...
Markets in Review
Markets were moody during the first quarter of 2018 – sizzling to record levels in January, correcting in February and then continuing to decline in March. The first quarter saw a lot of activity, including the return of volatility, the signing of the Tax Cuts and Jobs Act, fears...
President Donald Trump recently slapped tariffs of 25 percent on imported steel and 10 percent on foreign aluminum, prompting significant concern and discussion about the wisdom of this action.
As an economist who shares some of those concerns, I believe it’s important to first understand what a...