by Daniel White | Feb 10, 2025 | Uncategorized, Economy
February 10, 2025 The bond market may be starting to worry. Last year was a good one for stocks. The Nasdaq Composite Index gained 28%, the S&P 500 gained 23%, and the Dow Jones Industrial Average rose almost 13%. But if you look closer, both the 30-year and the...
by Daniel White | Feb 3, 2025 | Uncategorized, Economy
February 3, 2025 Let’s talk about three key pillars of President Trump’s policy agenda: tariffs, immigration, and taxes. Tariffs have been a Trump centerpiece. He announced his intention to impose 25% tariffs on Mexico and Canada, our two largest trading partners...
by Daniel White | Jan 27, 2025 | Economy
January 27, 2025 The U.S. stock market had one of its best years ever last year. As of this writing, the S&P 500 was up over 25% for 2024. It marks two consecutive years the S&P 500 had 20% gains or more. If it does it in 2025 too, it’ll be only the...
by Daniel White | Jan 20, 2025 | Economy
January 20, 2025 Political types of all stripes love to condemn government waste, fraud, and abuse. That’s easy – who opposes it? The problem is when you get specific. Someone argues this agency or that program should be cut, and disagreement ensues. It’s not always...
by Daniel White | Jan 13, 2025 | Economy
January 13, 2025 The U.S. budget deficit soared to $258 billion in October. It was one of the biggest monthly deficits on record. Debt as a percentage of economic output (gross domestic product) has increased to 121%. That means we spend $1.21 for every $1 of economic...