by Daniel White | Apr 12, 2021 | Economy
April 12, 2021 In a sky-is-blue revelation, it turns out Americans who are eligible for $1,400 direct payments under the American Rescue Plan support direct government payments to individual Americans. When including the latest nearly $2 trillion stimulus plan, total...
by Daniel White | Apr 12, 2021 | Economy
April 5, 2021 It seems the U.S. economy is set to take off. The Commerce Department reported in February that fourth quarter 2020 gross domestic product (GDP) rose 4.1 percent, which was stronger than anticipated. As a result, many forecasters are raising their growth...
by Daniel White | Mar 22, 2021 | Economy
March 22, 2021 We’ve discussed letter-based economic recovery patterns in the past. This is when a recovery path takes the form of a letter in graphical form. Currently we seem to be in a K-shaped recovery where the upward facing part of the “K” resembles mostly...
by Daniel White | Mar 15, 2021 | Economy
March 15, 2021 There is good news on the pandemic. Vaccinations are up. Cases are down, as are deaths. This brings hope for everyone. But for the stock market, it’s as if the pandemic never happened, save for a few weeks of plunging prices last spring. And now markets...
by Daniel White | Mar 8, 2021 | Economy
March 8, 2021 Here’s one for the “this could never be good news” file. By the end of the year, a third of U.S. small businesses could close, according to the troubling findings of a Federal Reserve report on American small businesses. The Fed stated around 9 million...
by Daniel White | Mar 1, 2021 | Economy
March 1, 2021 Not so long ago, retiring with a comfortable nest egg took time, but it was possible. From the late 1960s to 2007 the average interest paid on a 10-year government bond was 7 percent. So, if you worked hard and put your money away in a bond portfolio...
