by Daniel White | Jan 27, 2025 | Economy
January 27, 2025 The U.S. stock market had one of its best years ever last year. As of this writing, the S&P 500 was up over 25% for 2024. It marks two consecutive years the S&P 500 had 20% gains or more. If it does it in 2025 too, it’ll be only the...
by Daniel White | Jan 13, 2025 | Economy
January 13, 2025 The U.S. budget deficit soared to $258 billion in October. It was one of the biggest monthly deficits on record. Debt as a percentage of economic output (gross domestic product) has increased to 121%. That means we spend $1.21 for every $1 of economic...
by Daniel White | Dec 23, 2024 | Economy
December 23, 2024 Inflation is far from dead. And that should give people – especially frothy stock investors – some motivation to back away from their exuberance. The October consumer price index’s 2.6% monthly increase is up from the prior month’s rate. Also, core...
by Daniel White | Dec 16, 2024 | Economy
December 16, 2024 It’s apparent we have a politically divided nation. That said, for many Americans, the future is bright. They’re reveling in the fact that Donald Trump won the presidential election, and that Republicans swept Congress. But what is the chance a...
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...
