The Latest U.S. GDP Reading Deserves a Closer Look To the surprise of investors and economists alike, the U.S. economy, as measured by the GDP, grew by 3.2% in the first quarter of 2019, blowing past consensus estimates of 2.3% growth. While the...Read more
Is the U.S. Economy Still the Greatest?
Is the U.S. Economy Still the Greatest? The U.S. GDP increased by 2.9% crossing $20.5 trillion in 2018. On the surface, the data of 2.9% growth may hardly seem encouraging, perhaps even meager compared to the 6% growth China has experienced, but...Read more
The State of U.S. Household Debt
The State of U.S. Household Debt U.S. household debt rose to $13.3 trillion as of the second quarter of 2018, according to the Federal Reserve Bank of New York – higher than the previous peak of $12.68 trillion in the third quarter of 2008. The...Read more
Should We Worry About Inflation?
Should We Worry About Inflation? Synopsis: The market sold off in February on concerns that the strong economy may overheat, inflation may spike, and the Federal Reserve (Fed) may then raise interest rates more aggressively to try and combat...Read more