by Daniel White | Dec 9, 2024 | Economy
December 9, 2024 President-elect Donald Trump and the Republicans will soon own the same economic problems they talked about on the campaign trail. After all, it’s not like our big challenges will magically disappear overnight. For instance, U.S. debt is growing twice...
by Daniel White | Nov 25, 2024 | Economy
November 25, 2024 There’s a bull market happening right now, but it’s not in stocks. I’m talking about the bull market that’s occurring in bankruptcies. This year’s second-quarter data for Chapter 11 bankruptcy filings shows 2,462 defaults among U.S. corporations,...
by Daniel White | Nov 18, 2024 | Economy
November 18, 2024 This past earnings season was great, right? Well, earnings looked good because Wall Street lowered the bar. Third-quarter earnings season started with the big banks, which largely exceeded analysts’ expectations. Naturally, that set off a flurry of...
by Daniel White | Oct 28, 2024 | Economy
October 28, 2024 There seems to be a disconnect between Wall Street and Main Street. Of course, that’s nothing new. But why is it happening now? Well, the stock market seems unstoppable. Major indices set new all-time highs despite deepening signs of recession, out of...
by Daniel White | Oct 21, 2024 | Economy
October 21, 2024 On what issues do supporters of presidential hopefuls Donald Trump and Kamala Harris agree? Well, a significant portion of people in both parties want more spending and tax breaks. And let’s be real here – what kind of person are you if you’re against...