by Daniel White | Feb 19, 2024 | Economy
February 19, 2024 How did our nation accumulate so much debt? This question is on the minds of many folks. Back in 2001, the Congressional Budget Office (CBO) estimated then-current policies would eliminate the national debt by the end of 2009. Instead, the national...
by Daniel White | Feb 12, 2024 | Economy
February 12, 2024 The Federal Reserve telegraphed interest rate cuts this year, which many people (including Wall Street) took to mean the cuts would commence quickly. But with gross domestic product at 3.3%, those rate cuts could be further down the line than people...
by Daniel White | Feb 5, 2024 | Economy
February 05, 2024 Consensus almost seems universal that stocks will rise in 2024. Are the bears dead? Maybe they’re just hibernating. Don’t forget how wrong the confident consensus outlooks have been over the last two years. At the end of 2021, everyone was...
by Daniel White | Jan 29, 2024 | Economy
January 29, 2024 Throughout his history, legendary investor Warren Buffett and his company Berkshire Hathaway have raised huge piles of cash before bad economic times. Berkshire then deploys the funds at what it thinks is the right time towards the right companies....
by Daniel White | Jan 22, 2024 | Economy
January 22, 2024 Bankruptcies are bad. They certainly matter and aren’t looking good today. However, people often get too caught up with bankruptcies, especially when they’re only one piece of the puzzle. See, when companies are stressed, they have more options than...
by Daniel White | Jan 15, 2024 | Economy
January 15, 2024 Higher interest rates have essentially stalled out the U.S. housing market. It could greatly damage the economy. Even after falling from a multi-decade high of 8.5% in October, the average 30-year fixed mortgage rate remains greater than 7.0%. And...
