Some of us may remember the “good old days,” when gasoline prices were as low as 25¢ per gallon. Others may recall when a can of soda cost 15¢. But prices tend to rise over time—sometimes steadily and sometimes abruptly. In the years ahead, inflation will most likely decrease the purchasing power of...
Will the slowdown in China’s growth keep inflation in check?
Inflation remains relatively low, both in the United States and globally, with the U.S. inflation rate hovering around the Federal Reserve’s 2% target.
Dropping oil prices and falling gas prices are big reasons, but these are always s...
The national debt gets all the headlines, but what about corporate debt?
You hear a lot of worrying about mounting government debt because many people are convinced that public debt is a main source of problems for any economy. But proof that the growth of government debt leads to disaster is wea...
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...