Executive Summary I have often written about how debt and demographics are impediments to future growth. In this week's missive, I explain how the Federal government is playing a game with its debt picture. Through some accounting gimmickry, intragovernmental debt is typically excluded from analyses of Federal [...]
Executive Summary In last week's jobs report, did you hear that the unemployment rate increased slightly? Of course not, because you only hear the positive spin from financial media regarding the jobs numbers. In this week's Update, I again share how the employment numbers are derived from two [...]
Executive Summary After the end of the Great Recession, short-term rates were held to zero percent by the Federal Reserve Bank in attempts to boost economic growth through borrowing and spending. Since December 2015, the Fed has raised short-term rates nine times hoping to keep the economy [...]
"And higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending." – Ben Bernanke Executive Summary Have you heard interest rates are rising? Do you know all interest rates are not the same? In this week's newsletter, I explain [...]