Is the US already in recession? Probably not. But in the first quarter, real GDP is very likely to have a minus sign in front of it. Yes, a negative reading
Read More
We have called inflation “political kryptonite” because it is so damaging to politicians. Clearly, inflation played a role in the 2024 election. So now that
Read More
The Framers of the Constitution designed our government to be small. Not so small and weak as the one under the Articles of Confederation, which the
Read More
The federal government gets a great deal of grief when it issues economic reports and it’s not hard to see why. The last several years include lots of reasons
Read More
The Federal Reserve made it clear on Wednesday that it’s not about to cut short-term interest rates again anytime soon, which is good news if you’d like to see
Read More
As economists and financial market forecasters, we are constantly amazed at how so many people analyze, forecast, research, and discuss important topics without
Read More
If you’re going to remember one important fact about the housing market, it’s that with the brief exception of COVID, the US has consistently built too few
Read More
The College Football playoffs included 12 teams this year and all five automatic berth teams (because they won their conference championships) are now out
Read More
Jimmy Carter, the thirty-ninth president of the United States passed away this weekend, at age 100, the first former president to ever reach that milestone
Read More
The Bible story of the virgin birth is at the center of much of the holiday cheer this time of year. The book of Luke tells us that Mary and Joseph traveled to
Read More
The most fun anyone has had at a Jerome Powell presser was when a reporter asked about President Trump removing Powell from his job. Otherwise, almost all the
Read More
Why hasn’t tighter monetary policy caused a recession? One reason: federal budget deficits have been huge. Don’t get us wrong, we don’t believe government
Read More
