The economy performed as advertised in the second quarter, delivering a 4.1% increase in GDP on strength in consumer spending, exports, and business investment
Earnings reports were still flowing in as July ended and August began. In general, the results have exceeded expectations. True, there have been shortfalls (and
The economy was on a roll as the second half began, with much of this strength apparent in the manufacturing and non-manufacturing areas. The gains shown by
Continuing economic tensions with China are front and center on Wall Street these days, with our fraught commercial dealings with that fast-growing nation in
The first half is ending on a high note, with strong progress being made in reducing the unemployment rate, in narrowing the trade imbalance (with the deficit
The Federal Reserve is likely to continue tightening the monetary reins. To wit, the Fed raised interest rates in March and again at last week’s FOMC meeting
May’s uplifting jobs report helped to turn around a stock market that had come under duress from global headwinds. To wit, the government’s survey showing a 223
Geopolitics are taking center stage on Wall Street these days, with the on-again, off-again summit with North Korea, the intensifying trade standoff with China
Inflation is back in the headlines, after years of being an afterthought. This is not to suggest the Federal Reserve now has a serious problem on its hands. In
Employment growth slowed as the old year concluded, with the nation creating just 148,000 jobs in December. That was below both consensus and the 252,000 jobs
Inheritances are a complicated thing. Not only are there often strings attached in the eyes of the government, unexpected taxes, and complicated bequeathments
The economy is starting out the new year in fine form, extending the positive momentum in place since last spring. For example, recent weeks have seen strength
