GDP
Although I have been gray for years, I have been telling people I had chestnut brown hair at the start of 2022. That is how bizarre this year has been in the both the markets and…
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…
This week, the Bureau of Economic Analysis (BEA) released its second stab at calculating the Gross Domestic Product (GDP) equation for the 1st Quarter of 2022. It seems things were slightly worse than previously announced, as…
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…
Since the election, I have had more than one person ask me a variant of: “how are we going to pay for everything Trump says he is going to do?” This is ordinarily more rhetorical than…
It has always been prudent to choose your words wisely and avoid inflammatory issues when writing newsletters and newspaper columns. However, in the past, it was more difficult for readers to reach out to you with…
This morning, the Bureau of Labor Statistics (BLS) released the Employment Situation report for June 2016. It was pretty good, as the economy apparently created 287K net new jobs last month. That number is even better…
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…
Not long ago, my father and I were talking about McDonald’s, and the reasons for that company’s declining market position, or at least the perception of it. He threw out the oft-given explanations, things like changing…
This week, the Bureau of Economic Analysis (BEA) announced the US economy grew at a 2.3% annualized rate during 2Q 2015. It made all sorts of revisions to previous estimates, bringing up 1Q 2015 GDP to…