Perhaps not surprisingly, people frequently ask me about the potential impact artificial intelligence (AI) might have on the labor markets and, therefore, the U.S. economy. After all, consumer spending makes up close to 70% of Gross Domestic…
Thought Leadership
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Listen to the full episode, here. Key Points The Federal Reserve’s rate cut only directly impacted the overnight lending rate between banks, not long-term rates like mortgages, which are influenced by broader economic expectations. Mortgage rates…
As everyone who reads economic newsletters should know by now, the Federal Reserve cut the target overnight lending rate by 0.25% last week. This move should not have come as a surprise to anyone. It was…
As featured in the Nashville Business Journal. The more there is of something, the less people will value it. If the supply is greater than the demand, the price will go down. That is, unless there…
This past week, the Bureau of Labor Statistics (BLS) issued a revision to the previously announced, and previously revised, change in nonfarm payroll numbers from April 2024 through March 2025. It seems, there were actually 911K…
The Social Security Act was signed into law on August 14, 1935, and it didn’t take long for people to start asking questions about the program. While Social Security might seem straightforward at first—contribute during your…
Great news, no one is getting a new job! This year marks my 30th year in this industry, and I am still sometimes caught off guard when bad news for the economy is good news for…
This past Saturday, a friend of mine asked if the recent events in the markets were as exciting as they seemed to be. She was more than a little surprised when I told her they were…
Around 9:00 am CDT this past Friday, I watched Federal Reserve Chairman Jay Powell deliver a speech about the economy and monetary policy. He was perfectly starched in a suit and tie, and you wouldn’t have…
For years, financial professionals have closely monitored the scheduled expiration of the Tax Cuts and Jobs Act of 2017 (TCJA), anticipating how its sunset at the end of 2025 might impact planning strategies. Now, with the…