by Daniel White | May 6, 2019 | Economy
May 6, 2019 |Daniel A. White Last month the Federal Reserve pulled a 180. It said rates would not change, signaling a dovish turn away from the promised “normalization” we were moving towards (a promise a decade in the making, by the way). This month? It seems...
by Daniel White | Apr 22, 2019 | Economy
April 22, 2019 |Daniel A. White While the market has performed pretty well so far in 2019, the threat of a sharp correction or bear market remains as present as ever because the market remains historically expensive. The Shiller Price-to-Earnings (P/E) Ratio,...
by Daniel White | Apr 15, 2019 | Economy
April 15, 2019 |Daniel A. White The Federal Reserve increased interest rates in quarter-point increments four times last year. The same plan was expected to take place in 2019 while the Fed also sold $50 billion worth of bonds per month. The conventional thinking was...
by Daniel White | Apr 8, 2019 | Economy
April 8, 2019 |Daniel A. White The U.S. trade deficit hit set records last year, and that’s not a good thing. While the tariffs were supposed to help reduce the deficit, they’ve only made it worse. A new Princeton study says tariffs hurt U.S. consumers (not our...
by Daniel White | Mar 25, 2019 | Economy
March 25, 2019 |Daniel A. White While some say yes we’re in a recession, I don’t think we are. Still, even if we’re not, it seems like we’re headed there eventually. Economists tend to be pessimistic and wrong, so they’ll default to a “yes” on recession...
by Daniel White | Mar 18, 2019 | Economy
March 18, 2019 |Daniel A. White The appalling national debt is a common theme here, and there’s new cause for celebration because it hit a new milestone recently – $22 trillion! To get there, the debt is jumping at more than $30 billion per month. Plus, the...