July 2022 – US Top Trading Partner Inflation Check
While inflation in the United States seems to have moderated a bit, that doesn’t appear to be the case with the top 10 trading partners of the United States. United…
US Top Trading Partner Inflation Update
We recently read this Reuters article in which Treasury Secretary Yellen stated that inflation would remain high. U.S. Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation…
Federal Reserve Raises Rates 1/4 Point
With no real surprise to anyone, the Federal Reserve raised rates today by 1/4 point. The stock market didn’t have any big reaction to the increase but with inflation at…
The Labor Battle Intensifies: Healthcare vs Retail
In Indiana, hospitals can’t keep healthcare workers because Walmart is offering higher pay and lower risk. Why work at a hospital with sick patients and worry about them dying when…
Global Economic Outlook + Today’s Fed Decision
While everyone is talking about Wednesday’s FOMC meeting where the Fed announced: In addition, the Federal Reserve will continue to increase its holdings of Treasury securities by at least $80…
JOLTS, UK Labor, and Food
Today’s theme is food and labor. We have reports from Campbell Soup that high labor costs are pinching profits and inflation doesn’t seem to be abating. United Natural Foods reported…
It’s Official, Inflation is NOT “Transitory”
The big news today is a market sell off across most indices. The other big news is the big Powell quote: it’s a good time to retire that word and…
Breaking Point – What Will Cause The Next Economic Crash After Covid?
Did you hear the news? The median price for a home is now $404,000 as of August 2021. While homeowners are rejoicing for their new found wealth, smart home owners…
What Caused The Dot Com Crash?
I typed that, “What caused the dot com crash?” into a search engine and a link to Quora came out that had the following image. The Barron’s article discusses how…