Is It a Soft Landing?

Is It a Soft Landing?

Economists use aviation metaphors to describe the results of central banks’ efforts to manage rapidly growing economies. If the Federal Reserve lifts rates enough to prevent the economy from overheating without jolting it into recession, then it has engineered a soft...
As Yogi Berra once said: It’s déjà vu all over again.

As Yogi Berra once said: It’s déjà vu all over again.

Last week, global stock markets took a bit of a dip after President Trump announced a 25 percent tariff on steel and a 10 percent tariff on aluminum. Tariffs are taxes on goods imported from other countries. In general, governments impose tariffs to enhance revenue...
Change Is The Only Constant

Change Is The Only Constant

Change Is the Only Constant America’s share of the global economy is potent. Our country accounts for 16 percent (after being adjusted for currency differences) of the world’s gross domestic product (GDP) and 12 percent of merchandise trade. According to The...

Weekly Perspective, December 9, 2013

The Markets If every piece of positive news was a petal, then you might say the American economy was in bloom last week. Moving into the holiday season, consumer confidence was at a five-month high. Early in the week, manufacturing showed improvement. On Thursday, the...