by Daniel White | Jul 24, 2023 | Economy
July 24, 2023 The Federal Reserve’s tightening is beginning to squeeze businesses as more than twice as many corporations filed bankruptcy this year than at the same point in 2022. Chapter 11 bankruptcy filings are up significantly – to the highest rate since 2010....
by Daniel White | Jul 17, 2023 | Economy
July 17, 2023 We know the Federal Reserve has been raising interest rates to get inflation under control. One result of these efforts is that many older Americans are unretiring due to inflation and worsening financial positions. According to a recent survey by...
by Daniel White | Jul 10, 2023 | Economy
July 10, 2023 For as great as the market rally has been in 2023, it’s been awfully narrow in terms of leadership. Most of the gains have come from mega-cap technology favorites, which returned 32.3% through the end of May. There was also a big assist from the...
by Daniel White | Jul 3, 2023 | Economy
July 03, 2023 You may have heard we’re in a bull market. Apparently, the worst is behind us, risk is off, and we’re ready to roll (please note my sarcasm). Look no further than the Nasdaq Composite Index from January to mid-June 2023. It was up 27.5% and logged...
by Daniel White | Jun 26, 2023 | Economy
June 26, 2023 How much does the typical American family spend a year? The answer – $69,732 in 2020, per the “Consumer Expenditure Survey” from the U.S. Bureau of Labor Statistics – was surprising. Many Americans are unaware of how much they spend and what...
