Quarterly reviews
July 2019
KISS: Keep It Simple Stupid
US government economists along with economists in academia and banking are projecting a slowdown in the growth of the US economy. The Federal Reserve is also concerned that the growth in the US economy will slow in the months ahead. As a result…
April 2019
As The World Turns
With the advent of the internet we have witnessed a dramatic change in the world order. Knowledge and information have become more broadly available in all corners of the globe. With the expansion of information to a broader world population we have witnessed dramatic changes in…
January 2019
Putting on the Brakes
The fourth quarter of 2018 was one of volatility and change. Underlying the volatility was a change in the economic outlook for future growth and a change in control of the House of Representatives from Republican to Democrat. The election in November of 2018 changed the Congressional balance of power. In 2019, Congress will be split with the Democrats as the majority in the House of Representative and the Republicans as the majority in the Senate. This congressional split is likely to…
October 2018
It’s Only Just Begun
The U.S. economy continued to expand in the second quarter of 2018 at an increased rate of 4.2%. The growth was significantly greater than most economists had forecasted. The U.S. economy is now operating at close to peak levels when compared to past economic expansions. Unemployment is at a low 3.9% of the work force, while retail sales have begun to…