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...
by Daniel White | Oct 14, 2024 | Economy
October 14, 2024 Ken Rogoff, who is not only an economist and Harvard professor but also a chess grandmaster, thinks we’re going to see more inflation spikes. He also thinks we’re in for higher volatility, inflation, and interest rates, no matter what the...
