by Daniel White | Feb 17, 2025 | Economy
February 17, 2025 You’ve probably heard of the new Department of Government Efficiency, or DOGE. While it offers long-term promise, it’s suffering some short-term peril. When it comes to spending, it almost doesn’t matter who gets elected president. That’s...
by Daniel White | Feb 10, 2025 | Uncategorized, Economy
February 10, 2025 The bond market may be starting to worry. Last year was a good one for stocks. The Nasdaq Composite Index gained 28%, the S&P 500 gained 23%, and the Dow Jones Industrial Average rose almost 13%. But if you look closer, both the 30-year and the...
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...
