Economy

With the level of consumer debt in the United States doing this: …and this: …and with house affordability in some markets declining like this: …and this: …I ……Read More

With the Federal Reserve continuing its tightening, it is interesting to look back at the relationship between job creation and the federal funds rate, the ……Read More

With a trade war between China and the United States looking increasingly likely, I wanted to use this posting to briefly survey what some economists ……Read More

While the world was shaken by the announcement of the proposed U.S. tariffs on steel and aluminum, it should have come as no surprise to ……Read More

Given that the current economic expansion is one of the longest on record, one has to wonder when the next recession will occur and what ……Read More

With some experts predicting as many as four interest rate increases by the Federal Reserve during 2018, one aspect of the economy should be concerning ……Read More

While news about the U.S. housing market has been relegated to the back pages of the business section of American online and print news services, ……Read More

A recent publication, “We’ll Live to 100 – How Can We Afford It” by the World Economic Forum takes a sobering look at the financial ……Read More

Let’s open this posting with a graphicfrom a September 2017 Federal Reserve presentation that shows the history of the year-over-year percentage changes in Personal Consumption Expenditures inflation ……Read More

With Corporate America finally getting their wish for a lower headline corporate tax rate fulfilled, a recent poll by Willis Towers Watson shows how the decision makers ……Read More

With Congress perpetually dealing with an extension to the debt ceiling, I realized that I had not updated my posting on the debt accrued by ……Read More

While the global stock market, particularly the American stock market, seems to be on an endless upward trajectory, there is a little discussed aspect of ……Read More

While Capitol Hill’s denizens frequently discuss how their budgetary changes are going to impact the taxes paid by Main Street and Corporate America, they rarely ……Read More

An interesting and very thorough study by Daron Acemoglu and Pascual Restrepo at MIT and Boston University respectively looks at how industrial robots are taking ……Read More

Now that the Republican tax plan, flaws and all, has passed Congress, the repercussions of the changes, particularly to Corporate America, will continue to ripple ……Read More