by Daniel White | Jun 11, 2018 | Economy
June 11, 2018 |Daniel A. White Our national debt is simply out of control. No other words do the situation justice. The country borrowed $488 billion in the first quarter of 2018, which broke the previous quarterly record of $483 billion set in the first...
by Daniel White | Jun 4, 2018 | Economy
June 4, 2018 |Daniel A. White Unemployment is at its lowest point in 18 years. Hooray! Right? Maybe not. So far this year, we’ve been expecting 200,000 new jobs each month. But April only returned 164,000. Plus, the wage growth rate, meaning how much wages grew,...
by Daniel White | May 28, 2018 | Economy
May 28, 2018 |Daniel A. White President Trump is going after China in a budding trade war. Debate the merits of that all you want, but as we know, most times consumers lose no matter how it shakes out. Investors can lose too because financial markets...
by Daniel White | May 21, 2018 | Economy
May 21, 2018 |Daniel A. White Did the Federal Reserve make a policy mistake by tightening liquidity and raising rates? JP Morgan analysis points to “yes,” and suggests a recession could be around the corner without a change of course. The firm also says the Fed’s...
by Daniel White | May 14, 2018 | Economy
May 14, 2018 |Daniel A. White We’ve talked about volatility before…well, more than once…and it seems to be a more persistent topic as of late. Does that mean we’re headed for a big drop? Anything can happen, of course. But it’s possible for bull markets and volatility...
by Daniel White | May 7, 2018 | Economy
May 7, 2018 |Daniel A. White According to the latest IRS taxpayer data, which is from 2015, 142 million taxpayers reported a total of $10.14 trillion in adjusted gross income (AGI) and paid $1.45 trillion in taxes. That equates to a collective average tax rate of 14.3...
