How Washington Ruined America’s Future
United States Secretary of Treasury Janet Yellen has an incredible job. She writes rubber checks to pay America’s bills. Yet, ...
by Financial Markets Group | Jul 28, 2023 | Economy
United States Secretary of Treasury Janet Yellen has an incredible job. She writes rubber checks to pay America’s bills. Yet, ...
by Michael Carr | Jul 28, 2021 | Chart of the Day, Economy
Despite the reopening, economic recovery lags. Okun’s Law tells us that, because of low potential GDP, higher unemployment is also ...
by Charles Sizemore | Oct 31, 2020 | Economy
The 33.1% GDP jump in the third quarter was impressive. But here are two hidden investing lessons to take from ...
by Michael Carr | Oct 26, 2020 | Chart of the Day
Government spending is astronomical right now, which begs the question: How does the U.S. get out of this economic situation?
U.N. report: "The world economy is expected to lose nearly $8.5 trillion in output in 2020 and 2021, nearly wiping ...
PNC Chief Economist: "The next few months will be extremely difficult for the U.S. economy, with a historic contraction in GDP in ...
by Matthew Clark | Apr 28, 2020 | Economy
If the CBO projections are correct, the U.S. GDP will contract by nearly 12% in the second quarter of 2020.
For the October-December quarter, growth was supported by solid but slower consumer spending.
"We believe the decade-long expansion is showing strains, with profits being squeezed by a tight labor market.”
Many economists have estimated that GDP growth is weakening because of the U.S.-China trade war.
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