Consumer Prices Rose 0.5% Last Month and 5.4% Over the Last Year… The monthly inflation gain eased from the 0.9% pace in June, but annual inflation remained stubbornly high, at the same rate as last ...
Are We There Yet?
For months, investors have wondered when the Federal Reserve (Fed) might begin to “normalize” its policies, a process that will eventually lead to higher interest rates. Last week, a ...
Shortest Ever – July 29 2021
Last week, the National Bureau of Economic Research (NBER) finally announced the official dates for the recession that occurred in 2020. Economic activity peaked in February 2020 and bottomed in April ...
To Peak, or not to Peak July 21 2021
The term “peak growth” has become almost as popular as the Apple TV comedy show Ted Lasso. Peak growth is a catchphrase with the potential to mislead. When the term is applied to the U.S. economy, ...
Week In Review – July 19 2021
Fed Chair Powell Testified to Congress That Inflation is Under Control but “Concerning”… In his regularly scheduled testimony, the Fed Chair noted that prices are higher than expected, but he still ...