7.9% INFLATION, HIGHEST IN 40 YEARS
Inflation? I barely know her. In the time span of two weeks local gas prices have continued to rise higher as tensions overseas continue. On Thursday the national average for … Read More
Category: Economics
U.S. Trade Deficit Goes Big on Big in January
Just in time for the litany of bad headlines, the U.S. Census Bureau announced that the U.S. trade deficit grew to $89.7 Billion, which is up $7.7 Billion compared to … Read More
Are We Recession Bound?
With the most intense and aggressive economic decline in the history of the world, the COVID-19 recession lasted only two months, the shortest ever in U.S. history. God only knows … Read More
U.S. Jobless Claims Fall to 215,000…We’re Back?
Coming off strong from the Omicron ridden economy, jobless claims crept lower in the week ending February 26th. And we are still near historic lows in what is presumably a … Read More
If I had a quarter for every interest rate hike…
I’d have 0 quarters. For weeks, if not months, I’ve been chirping alongside the rest of the bluebird application users about the Fed’s goal to increase interest rates in the … Read More
Russia Gets Sanctioned…Excluding Oil & Gas
In response to Russia’s invasion of Ukraine The U.S. and European allies have laid down the law, and are now kissing most Russian Banks goodbye from the global financial payment … Read More
Ukraine, Russia, Oil, Options
Over the past few weeks, headlines have circled the media explaining Putin’s intention to invade parts of Ukraine. Investors have felt the effects in the market while it all unfolds. … Read More
Are Home Prices Finally Piping Down?
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported an 18.8% gain in December, on par with the month prior. According to the report, “December’s 18.8% gain in … Read More
Bullard Calls to “Front-Load” Rate Hikes
Contrary to his name, St. Louis Fed President James Bullard said during a panel discussion at Columbia University that inflation could spiral out of control if action isn’t taken swiftly … Read More
Consumers Apparently Still Strong
Surprisingly enough (although not terribly shocking), advance estimates for U.S. food and retail sales for January 2022 were $649.8 Billion, according to the U.S. Census Bureau. This value represents an … Read More