July 6, 2021 Last month the Federal Reserve Board spoke loudly. They actually had the audacity to suggest that they expect to raise rates shortly. Define shortly? Sometime in 2023! That is literally two years from now. Years ago, the Fed never telegraphed what they were inclined to do in advance. Now they are signaling […]
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June 29, 2021 It seems every year, market analysts come up with a new term to describe the economic scenario. In the 1970’s it was “stagflation” – a mixture of a stagnant economy and elevated inflation. In the 2000’s we had the economic “conundrum” — a diversion in the relationship between lower interest rates and […]
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June 22, 2021 No, we are not talking about the pandemic here. We are actually referring to the May jobs report, which shows almost 560,000 jobs created. This number was seen as disappointing. If you look at it from a year-to-date standpoint, we have added close to 2.5 million jobs this year—or an average of […]
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June 15, 2021 We have had quite a wild ride across our planet during the last 15 months. A word-wide pandemic was followed by a sharp recession. As the pandemic wore on and wore many of us down, certain segments of the economy prospered and others remained stuck in recession. At one of our darkest […]
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June 8, 2021 We were looking for some “bounce-back” numbers in the employment report last Friday. We believed that the stage was set with the progress of our vaccination program having a real effect on the number of COVID cases in our country. As of the middle of May, cases had dropped approximately 90% from […]
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June 1, 2021 Last month we saw a pretty disappointing jobs report. The quarter of a million jobs added was actually quite strong for a normal month. However, for the era of economy recovery from the pandemic-induced recession, it fell short. Which brings us to an important point to consider. In economics, nothing happens in […]
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May 11, 2021 Every month the jobs report is closely watched. But the April report has some special significance. Late last year the jobs recovery stalled as cases of COVID soared. But lately we have had better news. In March we added over 900,000 jobs. Another economic stimulus package was passed, and the economy’s first […]
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May 4, 2021 If you are reading the forecasts being released for this year, the optimism for a strong rebound has hit unprecedented highs. There has been plenty of data to support such optimism. This data has included a gain of nearly one million jobs in March. Add plenty of stimulus dollars to the equation, […]
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April 27, 2021 If you listened to Chairman Powell of the Federal Reserve speak recently, you will extract a lot of optimism about where the economy is headed. The government has provided plenty of stimulus — not only helping individuals and businesses to survive this national crisis, but also giving us a foundation to bounce […]
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