Postelection rallies are common. They reflect hope. Performance in the first 100 days reflects reality. And President Donald Trump’s first 100 days are average.
According to the National Financial Conditions Index, the Federal Reserve’s tightening process hasn’t had an impact on the markets yet.
When even the richest of American cities start to struggle with pension problems, it shows you we’re approaching a crisis point.
All of our annual income tax payments effectively go to the annual military budget. To be frank, I’m concerned about our country ending up like Rome.
For one group of workers, the pay has been anything but stagnant. And yet, employers are still having trouble getting enough people for the job.
The Fed might be understating the fact that the labor market can improve. The economy is about 11.6 million jobs short of where it was before the recession.
The 2009 “cash for clunkers” program created a shortage of new cars and caused prices to climb higher. It also lit a fire for new-car leasing.
We all have good days. But according to the 2017 World Happiness Report, we’re not quite as content as 13 other countries in the world.
America’s car-buying boom is fueled by so-called subprime auto loans that are very much like the infamous subprime mortgages of the 2008 financial crisis.