Global K-Shaped Recovery Threatens the U.S.
Before the pandemic, increased globalization seemed certain. Now, with the gulf between the recovery of the U.S. and Eurozone growing, ...
Economy
War Explains Why the COVID Response Will Spark Inflation
COVID led to economic shutdowns around the world. Based on the information available to policymakers, that was a justifiable response. ...
Lumber Market Heralds Inflation’s Arrival
Lumber prices are soaring. While this means the lumber market sees gains, price increases, especially related to labor, will ripple ...
Durable Goods Have a Message for the Stock Market
One forward-looking economic report is from the Census Bureau on new orders for durable goods. It indicates possible stock market ...
Strong Quit Rate Suggests Higher Wages Are Coming
One of the important, decades-long debates in the U.S. has been about inequality. Some economists and politicians argue that wages ...
Inflation Expectations Make Higher Prices a Self-Fulfilling Prophecy
We know inflation will rise this summer. The Federal Reserve is telling us that will happen. This is important because ...
What a 52% Used Car Price Surge Means for Families
As the Federal Reserve continues telling consumers inflation isn’t a problem, those in need of an affordable used car are ...
This Isn’t the Black Death: Watch Out for Inflation Risks
History, especially the Black Death, allows us to study how economies recover from pandemics. COVID is different because governments have ...
Home Prices Aren’t on a Sustainable Path
“How much house can I afford?” This the most important question in the real estate market. Every potential buyer wants ...
Retail Sales Forecast a Summertime Economic Boom
Retail sales reached a record high in March. The biggest gains were in clothing sales, restaurants, sporting goods and autos. ...
