March 7, 2023 Two weeks from now the Federal Reserve will be meeting again. Meanwhile the members of the Open Market Committee have been on a feeding frenzy. While mere mortals like us feed on regular food such as meat, carbs and dairy, the Fed feeds on data. And they have had plenty of data […]
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January 17. 2023 The pace in which interest rates rose in 2022 was a surprise to just about everyone. There is no doubt that this phenomenon was spearheaded by what was considered rapidly progressive inflation. At the beginning, the Federal Reserve declared inflation a transitory result of the pandemic. However, inflation did not seem to […]
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January 10. 2023 First of all, we must qualify this headline with the important caveat that a recession is not a sure thing. However, so many economic forecasts are banking on a recession in 2023, we must at least acknowledge the possibility of a recession this year. The vast majority of these forecasts are predicting […]
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January 3. 2022 There are so many questions at the beginning of every year. For one, how long will it take for us to stop writing or typing 2022? Secondly, from that famous Seinfeld episode—for how long will we wish everyone a Happy New Year? Do we stop January 31st or later? Here is another […]
Read More November 8, 2022 We must sound like a broken record. The Federal Reserve meets. The Fed raises short-term rates. The Fed says — we are going to raise rates until inflation gets under control. Wash, Rinse, Repeat. This was the sixth time the Fed raised their benchmark rates this year, with the most recent four […]
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October 18, 2022 All this focus on the jobs report, the Federal Reserve raising rates and other economic reports, sometimes has us putting blinders on. Then something happens that makes us realize that we are not alone in the world. Perhaps it is the pandemic or the war in Ukraine. The bottom line is that […]
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October 11, 2022 For months we have been predicting job growth would slow down. This prediction was not only predicated on the forecasts for the economy to slow down, but also because we have now recovered the jobs lost during the pandemic-reduced recession. From here on out, job growth will be a factor of the […]
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September 27, 2022 Well, the Federal Reserve raised short-term rates by 0.75%. This was not a surprise, as predictions for a 0.75% increase had been circulating for more than a month. And there were so many speeches and statements by Fed members delivering tough talk about how they were going to stay the course against […]
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September 6, 2022 We certainly hope that the holiday weekend was relaxing and enjoyed by all. As we pointed out last week, the early release of the August employment data made this past weekend a Labor Day event in more ways than one. While many of us relaxed and enjoyed the last “unofficial” weekend of […]
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