The Consumer Credit Crunch
As we saw in the total U.S. household debt for 2021, Americans have clearly been quite cavalier (to put it nicely) in their spending. Just in the 4th quarter of … Read More
Category: Economics
February U.S. Trade Deficit Remains at Record
Shocker? Absolutely not. The U.S. goods and services deficit was $89.2 Billion in February, which is down less than 0.1% (this is literally negligible, I don’t know why they even … Read More
Oil Reservers to the Rescue
If the price of gas comes up in casual conversation one more time I might lose it. As many of us have seen, the price of oil is up significantly … Read More
Not around the corner, but down the block.
As the world continues to burn, Ukraine continues to try and break free of Russian ties, and the price of my coffee continues to rise, what else could go wrong? … Read More
Europe Energy Scene Is A Literal Nightmare
As a result of the world’s denouncement of Russia (rightfully so) in lieu of their invasion of Ukraine, Europe is especially struggling to survive an energy crisis as their dependence … Read More
Student Loan Forbearance Paints Portentous Picture
The NY Fed released on Tuesday a snapshot of the current student loan situation, which is incredibly ugly to say the least. In the onset of the COVID-19 pandemic, legislative … Read More
The Beginning Of The End…Not Really, Though
In a monumental day in somewhat recent history, the Fed is set to enact their first rate hike since 2018. In an absolute tumultuous start to 2022; with equities markets … Read More
Outbreaks Break Down Economic Forecasts
China’s economy is facing its largest Covid-19 outbreak since the start of the pandemic. The covid cases that were once in the few dozens have risen to 5,100 daily cases … Read More
Russian Mineral & Metal Mayhem
As the ongoing crisis in Ukraine grows larger and larger, day by day, there has been increased focus on what Russia’s role is in the global economy. Much of the … Read More
Goldman Sachs Cuts 2022 GDP Forecast to 1.75%
While Goldman Sachs will find bullish nature in just about any economic environment (much like Wall Skreet analysts), they have recently cut their GDP forecast to just 1.75%, which is … Read More