On Tuesday, stocks posted their best single day jump since December. Earlier in the day, the financial media attributed it to a Chinese official saying the trade dispute with the US should be resolved with “talks”, not retaliatory tariffs. Later in the afternoon, the media said the rally
Tag: Economic Update
As we edge closer to the longest economic expansion on record, I think most people are expecting some sort of slow down in growth. It’s not the Fed’s fault as one popular Twitter user likes to point out, but rather an economic fact that simply cannot
Hello again everyone. I’m sure all of you are being extra productive today (why is it not Super Bowl Monday?) Well don’t worry, for those of you watching closely SEM isn’t slacking given the passing of the first day of the month with no changes
The Federal Reserve has come under intense scrutiny, not only from our President, but also from the stock market bulls who are blaming them for the 2018 sell-off. Specifically they are going after Fed Chairman Jay Powell saying he “doesn’t understand how the markets work” or
This week it was announced the current Federal Government Budget Deficit hit its highest level in 6 years. The combination of tax cuts, slower than expected economic growth, and increased spending accelerated the budget deficit at a rate alarming enough to lead even Republicans to call for cuts in spending.