As we start a new decade it appears we will continue to have "unprecedented" measures by the Federal Reserve to keep the markets rising. While the Fed refuses to call the huge influx of cash into the banking system "Quantitative Easing (QE)," the fact the banking system still needs the
GDP growth surprised nearly everyone in the 1st quarter rising 3.2% in the past year. The president of course pointed to his economic policies as the cause of this “great” increase. Never mind the fact the long-term average growth rate is 3.1%. This has been the
Debt is future spending brought forward. Another way to think about it, debt will hurt future spending. As I was talking to several advisors and clients this week after the end of tax season I couldn’t help but think of our country’s debt problems. Few people want to
I’m currently a senior at the University of Arizona in the Eller College of Management. This semester I am taking a Macroeconomics class; however, this class hasn’t been structured like most of my other classes throughout my time at the U of A (especially the ones that have
It’s not like it is a new phenomenon. With the exception of a brief period in the late 1990s every year of my life has seen Americans go deeper into debt. From the federal government, to state & local governments, to corporations, to individual Americans, debt has been
