More Rate Hikes, More T-Bills
CNBC is reporting that the Fed is concerned about inflation be rekindled and based on most of the economic data coming out lately, it sure seems like people are continuing…
Labor Shortages: Alaska
It is August 2023 and long gone now is the talk of “nobody wants to work anymore” because of free stimulus checks, PPP loans, or other government hand outs we…
Market Update: August ’23 SPY, QQQ, XHB Crash Comparisons
It’s time to do a review of the crash comparisons we’ve been tracking for SPY, QQQ and XHB. Here is where we are: SPY has only had a 6.64 percent…
We’re At Peak Boomer Retirements
Investor’s has a great article on reaching ‘peak boomer’ whereby the bulk of the baby boomer generation is now hitting age 65. From Investors.com: According to the U.S. Census Bureau’s…
BLS: July PPI 2023
The BLS released their PPI report today and it shows that inflation is still stubbornly resilient. The Producer Price Index for final demand increased 0.3 percent in July, seasonally adjusted,…
BLS: July CPI 2023
The BLS released the inflation report today and while some progress has been made inflation is not moving in the right direction. The Consumer Price Index for All Urban Consumers…
The Best Investment Now, T-Bills
The best investment right now for a variety of reasons seems to be short term T-bills. With all T-bills at a year or under paying above 5 percent interest rate…
China Demographics In News
Both CNBC and the Wall Street Journal have articles highlighting China’s demographic problem and what it means to the global community. From CNBC: China is facing a demographic problem and…
Uber & The Flash Mob
It’s summer and team members at the Econonaut decided to take some time off so we halted posting a articles but some of us are back and we come with…