Some states have begun opening up. We are starting to see the “new normal” we spoke about, but for now this normalcy does not seem to be very normal. The best description of our moving forward is not turning on
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It was almost 50 years ago that the rising price of oil was one of the factors which helped plunge us into a deep recession. And while not the most important factor, subsequent recessions have followed previous peaks in oil
In the year 1910, life expectancy in the U.S. was only 50 years. By the year 2000, life expectancy had increased to 73 years. The overall effect of this longevity on the population of the United States is significant. Between
For those attempting to predict the length or the depth of the current economic slowdown, we have all turned into medical prognosticators. Every day charts depicting the growth of the virus are published. The growth started slowly and then accelerated
As dismal as the March unemployment numbers were, we know that this is just a preview of what is to come. The question being bantered about by market analysts is — how high will unemployment become? Let’s take a look
Last week’s jobs report was not so much about how the economy is doing. We know the economy was doing moderately well coming into the month of March. It is during the month of March that things changed rapidly. Witness
Each passing week, the measures which are implemented to slow the spread of the coronavirus are placing strains on the American and world-wide economy. It is no longer the travel industry which is in the forefront. Now all industries are
Believe it or not, we started the year quite smoothly. Yes, we were expecting some excitement due to the fact that we had a Presidential election coming our way. Little did we know that the primaries would take a back-seat
Breaking–Two days before their meeting started, the Fed cut their benchmark rates to near zero and will be purchasing Mortgage-Backed Securities.
This week’s meeting of the Federal Reserve Board’s Open Market Committee could be pretty exciting, or it could be
Even before we saw the jobs report, the Federal Reserve decided to step in with an “emergency” rate cut in response to the coronavirus crisis before their next scheduled meeting. Even though we have not seen many negative reports on