The Federal Open Market Committee decided in April that now is not the time to raise interest rates. The FOMC cited the need to continue helping in the coronavirus economic recovery along with low levels of inflation as reasons for their decision. However, Federal Reserve chairman Jerome Powell and the committee were optimistic as to […]
For months many have wondered if inflation will start to become a problem. And while the United States has yet to see inflation become a real problem yet, over in Europe, inflation has become a real issue. In March, the Eurozone saw its highest inflation since the start of the pandemic. Consumer prices across the […]
Interest rates have taken a beating over the past few years, but in February, rates started to show signs of life. The 10-year treasury yield hit 1.614% at the end of the month, the highest rate since the coronavirus pandemic began last Spring. It appears that a combination of positive news from mass vaccinations, economic […]
Now that there is a new administration in the White House, analysts are beginning to get a sense of what is to come for the US economy. President Biden unveiled a $1.9 trillion stimulus package that includes more direct payments to Americans, increasing unemployment benefits, and help with coronavirus vaccine rollouts across the country. Republicans […]
2020 was a year filled with uncertainty and chaos, but the stock market ended the year on a bright note. Major indices hit all-time highs before retreating slightly to close out December, and leave investors feeling confident heading into 2021. The beginning stages of a coronavirus vaccine rollout furthered the belief that the pandemic is […]
While President-elect Joe Biden beat out incumbent Donald Trump in the Presidential election, the political picture is still as murky as ever. The Democratic party was able to maintain their majority in the House of Representatives, albeit losing several seats in the process with several races yet to be called. The Senate is much closer, […]
It’s Election Time Buckle your safety belts, the election is upon us. And no matter which candidate you support, it’s sure to be a bumpy ride. At this late stage in the process, most polls are pointing to a sizable lead for Democratic nominee Joe Biden, but one can help see flashbacks to similar positive […]
Even as the stock market saw a pullback in September, it’s clear that stocks as a whole are operating on a different level than the rest of the economy. While small businesses remain shuttered or at lessened capacity, the market has maintained growth. This might seem like a fluke, but it actually makes sense when […]
As the leaves change and Fall approaches, so too does one of the most important presidential elections in United States history. But it’s not just the presidential election that matters. If both the Democrats with the Senate and Joe Biden is elected, there could be drastic changes to the nation’s tax code. Yet, even if […]
For most Americans, the coronavirus pandemic has left a long-lasting scar that has yet to heal. Millions of people have been quarantined, jobs have been lost, children have gone without schooling, and there remains no certain end to this global pandemic. Yet, amidst all of the pain on main street, markets continue to climb and […]
