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Thursday, May 21, 2020

Federal Reserve Chair Jerome “Jay” Powell made some interesting remarks in a 60 Minutes interview last Sunday, including promises of further support for the economy from the Fed. But he was also blunt about his reading of...

 

Wednesday, May 13, 2020

As a small business owner and economics nerd, I always like to check in with the NFIB Small Business Optimism Index reported each month by the National Federation of Independent Business. It’s a monthly survey that asks almost...

 

Wednesday, May 6, 2020

Pop quiz!! What went up 424% since last year? How about a rise of 647%? What showed that kind of an increase since a year ago? The answer is not housing prices. So, do you think the average house price went up or down in the last...

 

Thursday, April 30, 2020

The news this morning sounds alarming; GM has suspended its dividend. And according to today’s Wall Street Journal, GM is not alone. So far this year, more companies have suspended or canceled their dividends than in the previous...

 

Wednesday, April 22, 2020

Oil closed at negative $37.63 per barrel; that’s minus -$37.63. It was a historic, never-seen-before moment. In the world of futures and commodities trading, it is hard to get your head around the mechanics, but it’s the...

 

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Tuesday, April 14, 2020

It is almost certain we are in a recession at this point. Many analysts believed the possibility of going into recession in 2020 was fairly high at the beginning of the year, but nobody expected an almost total shutdown of the world...

 

Tuesday, April 7, 2020

Warren Buffett has so many great quotes about investing. I am reminded of this one today: “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, reach...