by Brian Pillmore | May 31, 2023 | Brian's Blog
Except these moles have real-world consequences. All the economic chaos that has happened and continues to happen can be traced back to the triggering event of COVID stimulus. $5T poured into the money supply that started the whack-a-mole game. Oh, economic activity...
by Ken Chase | May 11, 2023 | Banks, News
The Federal Reserve released two separate reports this week that point to continuing financial risks for U.S. economic growth throughout 2023. The reports suggest that an acceleration of tightening lending standards and a contraction in credit could contribute to an...
by Ken Chase | Apr 14, 2023 | News
The latest inflation report from the Labor Department estimated that the rate of consumer price increases slowed in March. The data released on Wednesday confirms that the Consumer Price Index increased by 5% in March, on a year-on-year basis. The February...
by Ken Chase | Apr 8, 2023 | News
The U.S. labor market continued to show its resilience in March, as employers added an estimated 236,000 jobs to the economy. That job growth was enough to reduce the unemployment rate to 3.5%, according to the Labor Department’s newest employment report released on...
by Ken Chase | Mar 24, 2023 | Financial, News
Federal Reserve Chair Jerome Powell announced yet another interest rate hike during a press conference on Wednesday. That announcement has been largely credited for a drop in the Dow Jones, as stocks plunged by more than 500 points. Regional bank share prices helped...