January 12, 2021 We did get a strong stimulus bill out of Congress as an initial response to the crisis. But the second bill took excruciatingly long to negotiate. And even after it passed, there were questions about whether the bill would be signed (it was) and whether the amount of the checks sent out […]
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December 29, 2020 By the end of this week, 2020 will have ended. It is hopeful that we will never have to say goodbye to another year like 2020. Indeed, economists around the world are predicting a vastly different year for 2021. And while we may present some of these forecasts, we always caution that […]
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December 22, 2020 It seems like the next step of government stimulus has been debated forever. When you are out of work or your business is hanging on, time moves very slowly. As a matter of fact, we have been considering the next level of stimulus for such an extended period that some are thinking […]
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December 15, 2020 This is the home stretch for 2020 and also, we hope, the home stretch for the COVID nightmare which has afflicted the world in 2020. For us, 2021 cannot come quickly enough. Nor can deliveries of vaccines. We are reminded that even though these vaccines will hopefully mark the end of this […]
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December 8, 2020, Last week’s reading on employment was the last we will see in 2020. We believe that we have had enough bad economic news this year and are looking for a better year in 2021. The gain of 245,000 jobs was seen as disappointing, as the gain in jobs has slowed significantly as […]
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November 17, 2020 The election is over, and the analysts have spent two weeks telling us what the results mean. The stock market rallied just before and after the election was called, but we don’t know if that was just the euphoria of uncertainty being removed, or the start of a longer-term rally — especially […]
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November 10, 2020 Your candidate won. Your candidate lost. You are confused like us because you have no idea who really did win. The real winner of any election in our country is democracy itself. The right to vote was exercised by a greater percentage of our populace than most anytime within the last one-hundred […]
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October 20, 2020 Could anyone had predicted one year ago that a major topic in Presidential debates and campaigns would revolve around mask-wearing? It has been that crazy of a year. We actually started the year with some semblance of normalcy, at least for a Presidential election year. But in late winter the entire world […]
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October 13, 2020 Previously, we mentioned that there will be no more monthly jobs reports before the Presidential Election. In addition, the Federal Reserve Board’s Open Market Committee will not be meeting in November. Coincidentally, they meet again the day after the election. Thus, this period is sometimes known as the quiet period before the […]
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October 6, 2020 No, the Labor Department is not giving up on reporting monthly statistics. But the report released on Friday was the last reading on the job market that we will see before the election. It is said that the voters vote with their pocketbooks each year. Of course, this year the economic numbers […]
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