by Daniel White | Aug 21, 2023 | Economy
Monday, August 21, 2023 Everyone thinks there will be a recession. I’m not sure because I think consumer spending could keep us afloat. But there is another brewing crisis that could plunge us into a recession: commercial real estate vacancies. During the first three...
by Daniel White | Aug 14, 2023 | Economy
Monday, August 14, 2023 Shelter costs are keeping inflation high. The housing market and tax policy aren’t helping either. The consumer price index (CPI) attempts to represent a typical U.S. household’s spending. Housing is the single biggest expense for most families...
by Daniel White | Aug 7, 2023 | Economy
Monday, August 7, 2023 I saw in the news recently how there isn’t much housing inventory available for homebuyers right now because people don’t want to sell and get rid of their sweetheart mortgage deals. Homeowners got a 2% mortgage during our prolonged period of 0%...
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...
