Article Type: Common Cents

Started over 20 years ago, Common Cents is a weekly blog written by Chief Economist, John Norris detailing and explaining the events throughout the week that have or will make an impact on our economy. John writes this blog in a way that makes it easy to understand the effects of current events on everyday life.

Common Cents

Common Cents & Dieting

This week, the Federal Open Market Committee (FOMC), the monetary policy making arm of the Federal Reserve, met, and signaled the potential for as many as three 0.25% (25 bps) rate hikes in 2022. Further, it…

Common Cents

Common Cents & Black Swans

One of the more difficult things about investing is determining what the next “black swan” event will be. After all, there is a reason why we call them “black swan” events. In case you are unfamiliar…

Common Cents

Common Cents & Inflation

Unless you haven’t bought anything in the last 12 months or so, you know just about everything is a little more expensive. Further, American consumers are finding things a little harder to find, everyday stuff like…

Common Cents

Common Cents & Thanksgiving

Thanksgiving is a day to take pause and give thanks for the blessings in your life, be they large or small. It isn’t necessarily a commemoration of the harvest feast of 1621 in what was then…

Common Cents

Common Cents & Zaijian China

During the Spring of 2020, our investment committee made the relatively aggressive move to completely exit our already underweight international allocation. By completely exit, I mean none, ninguno, rien, keiner, nessuno, geen, and nashi. Our reasoning…

Common Cents

Common Cents & Energy

Since Halloween, the 2021 United Nations Climate Change Conference, also known as COP26, has been going on in Glasgow, Scotland. An estimated 25,000 delegates from roughly 200 countries, including many heads of state, have attended in…

Common Cents

Common Cents & Trench Warfare

This morning, the Bureau of Labor Statistics (BLS) released the “The Employment Situation – October 2021,” which showed the US economy created 531K net, new payroll jobs. This was significantly higher than last month’s initial reading…

Common Cents

Common Cents & Making Lemonade

Yesterday, the Bureau of Labor Statistics (BEA) reported the US economy grew at a 2.0% annualized rate during the 3rd Quarter of 2021. This was slower than analysts were expecting, and much slower than 2nd Quarter’s…

Common Cents

Common Cents & Risk

In the investment industry, we talk a lot about risk and reward. Over time, they should be perfectly, positively correlated. The more risk you take, the more reward you should receive. The opposite is also true,…

Common Cents

Common Cents & Bottlenecks

Prior to the pandemic, how often did you think about, let alone discuss, supply chain bottlenecks? After all, what was there to think about? Stuff just ended up on the shelves, somehow. It all just happened.…