The Dark Sides of Loan Forgiveness

by | Oct 3, 2022 | Economy

October 03, 2022 President Biden’s student loan forgiveness plan wipes away $10,000 or $20,000 per student, depending on the type of loan, for people making $125,000 or less ($250,000 or less for married couples). It’s estimated to cost at least $400 billion but will...

Headed back to Oz

by | Sep 26, 2022 | Economy

September 26, 2022 See the man behind the curtain? Pay no attention to him. We’ve heard that one before, back in Oz, right? Well, as the government points to one month of favorable employment figures, it’s essentially telling us exactly that – we can’t be in a...

American Households Taking on More Debt

by | Sep 19, 2022 | Economy

September 19, 2022 The nasty ripple effects of inflation can spread wide and we’re seeing it now with American households. The continual rising prices, especially on necessities like food and gas, are starting to eat into the average American’s finances. For example,...

Truth, Tightening, and Mistakes from the Past

by | Sep 12, 2022 | Economy

September 12, 2022 In the movie “A Few Good Men,” actor Tom Cruise demands the truth from Jack Nicholson while on the witness stand during a heated trial. Nicholson then famously screams, “You can’t handle the truth!” Right now, it feels like the American people want...

One of the Worst Market Stretches of All Time

by | Sep 5, 2022 | Economy

September 05, 2022 The first half of 2022 was horrible for financial markets. It showcased some of the worst performance ever for both stocks and bonds. Both asset classes falling at the same time doesn’t happen often, especially for two quarters in a row (just the...

Where the Inflation Wildfire Began

by | Aug 22, 2022 | Economy

August 22, 2022 When should a sitting president be held accountable for economic performance? It’s not an easy question, but I think right now could be such a time. President Biden said his policies haven’t caused the horrible inflation we’ve experienced. Yet, these...