US Markets Down Across The Board
S&P 500 closed down 2.12%, Dow down 1.78%, Nasdaq down 2.88% and Russell down 2.46% on Thursday 2/17/22 so what does it mean? It means we’re getting closer to a…
S&P 500 closed down 2.12%, Dow down 1.78%, Nasdaq down 2.88% and Russell down 2.46% on Thursday 2/17/22 so what does it mean? It means we’re getting closer to a…
Two interesting bits of information this week. CNBC reports that retail sales surged 3.8 percent in January. Consumer spending bounced back sharply in January as rising inflation and a post-holiday…
The Census.gov released an interesting report on the income sources of older 65+ households and the data isn’t too surprising. The vast majority of 65+ people rely heavily on social…
BLS released the PPI report and it shows producer price index at a whopping 9.5 percent! So much for inflation abating any time soon even with the Fed jawboning interest…
We wrote about US inflation topping out at a whopping 7.5 percent last week so we were curious about inflation with the U.S. top trading partners and the math came…
The big news out today from the BLS is that inflation is running at 7.5 percent for all items measured in the index. To put this into context, if you…
The Wall Street Journal had a great report by Lisa Bannon on what an age 60+ workforce might look like over the next decade. We’ve been pondering this ourselves and…
The Guardian is reporting that Tesco’s chairman, the UK’s largest grocer, is expecting food inflation of a whopping 5% for 2022. “In some ways the worst is still to come…
The great debate seems to be whether we are headed in for a recession or an expansion. The latest jobs report shows more jobs added than expected at 467,000 and…
In Demographics and the Tough Choices Ahead earlier in the week, we made the case that tough choices will need to be made about whether the US labor forces chooses…