Why Interest Rates Matter
Donald Trump has taken to social media to express his views on whether Jerome Powell, Chairman of the Federal Reserve, is acting quickly enough to lower interest rates. According to…
Monetarists New Inflation Fears
The Shadow Open Committee (SOMC), which was first founded by Monetarist economists as inflation spiked in the 1970s, celebrated its 50-year anniversary last October. For the monetarists of the 1970s,…
What Ferris Bueller Missed on His Day Off
Should Ferris Bueller have gone to school that day? If he had, he’d have learned about the Smoot-Hawley Tariff Act of 1930. Smoot-Hawley significantly raised U.S. import tariffs with the…
Stagflation – The Ultimate Doomsday Scenario
The Federal Reserve on Wednesday painted a picture of an economy reshaped dramatically by President Donald Trump and his economic trade policies. It warned that tariffs could significantly dampen the…
It’s In The Can
If you’re not in the market for a new car or maybe a refrigerator, you don’t need to worryabout any impact from the new 25 percent tariffs on all steel…
Why Higher Interest Rates Haven’t Deterred Homebuyers: The Unexpected Rise in Pending Home Sales
The recent 7.4% rise in pending home sales for September, exceeding predictions, underscores the nuanced relationship between Federal Reserve policies, consumer decisions, and market dynamics. Although high interest rates are…
Who Wants To Be A Millionaire?
Who wants to be a millionaire? Well, as it turns out, not as many people as in the past. It seems that inflation has caught up with people’s dreams and…
Sticker Shock in Aisle 3
If you’re like many people these days, you often leave the grocery store wondering whyit costs so much to buy so little. Indeed, it seems like we’re paying a lot…
Costco Hot Dog Combo [VIDEO]
Costco is losing money on its $1.50 hot dog combo, which include hot dogs, buns, condiments, soda, and bottomless refills. According to the Bureau of Labor Statitcics CPI inflation calulator, Costco…
Big Mac, Big Price
Has McDonald’s become too expensive? That’s a question McDonald’s executives are trying to answer as the company reports disappointing earnings. Once a destination for a quick and inexpensive meal or…