CPI
This week, the Bureau of Economic Analysis (BEA) announced the US economy (GDP) contracted 0.6% during the second quarter of 2022 (2Q). 2Q GDP. This was the second consecutive quarter of economic contraction, as least as…
A couple of days ago, my wife asked me what I wanted for Father’s Day. Since I am not her father, I told her I wanted for nothing, and I meant it. If the kids want…
This morning, the Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) for March 2022. This is the most commonly used inflation gauge in the United States, and the investment markets were anxiously awaiting…
If I didn’t already have gray hair, mostly white actually, the events of the last several months would have caused that train to leave the station. I have been doing this line of work for a…
Ah, the first Friday of the month. That can only mean one thing: the Employment Situation report. What will it tell us about the strength of the US economy? Are employers adding jobs, or cutting them?…