People have been worrying about a recession for some time now, and they are really starting to worry now that the trade war is heating up. Is this a reason for concern? Recessions involve a period of 6 months or more of negative growth, and are indicative of a contracting economy, the opposite of our […]
Economist Paul Shea of Miller Tabak has spoken out about Senator Elizabeth Warren’s recent prognostications of doom for the economy, believing that her view is overstated. Democratic presidential candidate and U.S. Senator Elizabeth Warren claims to have predicted the economic collapse of 2008 well in advance, and she is now telling us that something similar […]
We normally see interest rate cuts by the Fed as expansionary, and this only makes sense because this increases money supply. Could this end up decreasing it though? People usually think of economics as a science, and it is in a sense, although it would be more correct to call it both an art and […]
Many people are concerned with how economic growth has evolved of late, with both GDP growth and inflation averaging around 2%, which some mistakenly think is too low. 2018 was a banner year of sorts as far as economic growth is concerned, with the 2.9% that we added being the highest rate since 2005, as […]
The first thing people may have thought when they saw the U.S. first quarter GDP come in so much higher than expected is that this may be alarming. We need not worry. There are some smaller creatures that, when faced with a threat, will puff themselves up to appear bigger than they actually are. This […]
In the latest poll of American Chief Financial Officers, while the overall pessimism regarding the economy is improving a bit, most still feel that a recession will be coming. When economic growth drops to around 2%, it is natural that a lot of people will be more concerned about things deteriorating further, especially if we […]
The February nonfarm payroll report numbers were released Friday morning, and they disappointed the analysts. The market didn’t agree and put in a strong rally in response. You can’t just go by how a report compares to the estimates of analysts, and February’s jobs report is a good example of this. Following a tremendous amount […]