ALL THAT GLITTERS IS NOT GOLD For three nights in April, Taylor Swift took Tampa by storm on her “Eras Tour” stop. Forbes ran a headline reading “Eras Tour Could Net Taylor Swift $500 Million to $1.5 Billion.” Those are some impressive numbers, but we are equally...
Economists have spent a lot of time lately debating whether the US economy will experience a hard or soft landing. And more recently some have even talked about no landing at all. But let’s see what the hard data is telling us. The National Bureau of Economic...
A recession refers to a widespread drop in spending. It can last months or even years. One way of detecting a recession is if the nation’s gross domestic product (GDP) has been negative for at least two consecutive quarters. A recession can be triggered by many...
INFLATION IS BETTER THAN EXPECTED BUT STILL HIGH – FED REACTS While it was coincidental that the November inflation numbers came out on the same day that the Federal Reserve started its meeting, maybe the better-than-expected inflation numbers might influence the...
As this year draws to an end, let’s look back at what actually happened and whether or not we can expect it to happen again. 2022 has been a really bad year for bonds with the Bloomberg US aggregate bond index down 13% at the end of November. Now to put that in...
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