As the concept of “higher-for-longer” interest rates sink in, there are three areas of concern:consumers, businesses, and the stock market. Each segment responds differently. Consumers areexpected to, in time, curtail...

Wall Street jargon has now embraced aeronautics. Pundits have been busy talkingup how The Federal Reserve will “glide the economy to a soft landing”. In this analogy,the earlier stimulus spending by the government is the...

Economists keep scratching their collective heads about the ongoing strength of the economy. With the COVID stimulus funds close to spent and the Federal Budget deficit flattening out the question is: where does the economy...

Speculators who treat the stock market as a casino love concepts. They are new, unburdened by history, can be projected far into the future, and thus can justify almost any stock price. For those who foist stock ideas on an...

Sometime in the next 15-45 days, the United States government is going to run out of credit. This is the result of a law, passed in 1917, that placed a limit on what the country can borrow as described by law. The United...

Many index investors, after the drubbing taken in 2022, have looked at their statements for the first quarter of 2023 with some relief. The Standard and Poor’s 500 Index is up seven percent this quarter. However, the...

The closing of three financial institutions in the past week has sent a sense of crisis through the financial world. Deposits are insured at FDIC institutions up to $250,000. Some accounts are many times this number....

It should be obvious by now to everyone that increasing interest rates to slow the economy is not resulting in lower inflation. It is obvious to the Federal Reserve, who nevertheless continues to increase rates to kill the...

As of last Thursday, the United States Government reached the limit of its authority to borrow. While some evasive actions are being initiated by the Treasury Department to keep the government open and pay its obligations,...