The reason we have a weak labor market is as clear as the nose on your face. It is the elephant in the room. And it is the one thing that Powell refused to address. The one thing that would help alleviate this mess we find ourselves in.
The reason we have a weak labor market, and so many are out of work, is that certain governors around the country, locked down their respective economies. They refused to let people go to work. They closed so called non-essential businesses...
“It's easy to recognize a Bubble,” an old trader once told me, “just wait for the crash that follows.”
Funny, he's right of course, but it's less …
What a year 2020 was. Economically it was one of the most destructive years this country has ever lived through. We set a record for the worst economic decline in a quarter, ever. In that …
A few weeks ago we received a check for $600. If all goes well this week, we should receive another check for an estimated $1400. Did you earn that …
Well, It was political theater at its best. There sat the newly installed President Joe Biden, at presumably the Resolute Desk, and before him a …
Today we have an economy that is equally as unbalanced as the one which headed into the Great Depression. Again this economy is driven by 3/4ers on one side of the production/consumption …
This week we get a rare look at the three government sectors who are leading the Economic Recovery; The Federal Reserve, the Nation's Central Bank, the Congress, and all of the State and …
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