With Macy’s, Sears, Chico’s and other mall retailers all shuttering locations, it seems big malls are going to be in trouble sooner rather than later.
Category: U.S. Economy
The mainstream media seems to promise that the U.S. economy is better than ever. But the truth behind the economic data isnt pretty. The Federal Reserve can’t raise interest rates without damaging the economic recovery, while the U.S. stock markets are grossly overvalued. And while the U.S. dollar is soaring now, its about to get hammered, leading to a dollar collapse like the world has never seen.
Solar Power Is Cheaper Than Ever
Solar energy has emerged as a dominant force that is not only an unlimited resource, but also becoming cheaper and cheaper.
Party Like It’s 1999?
Though it may not feel like the tech bubble of 1999, there are clear similarities between then and today. And we all know how it ended then.
The Fed Burdens Consumers Even More
With the Fed raising interest rates on the heels of a disturbing report on U.S. consumer debt, I’m left wondering how the rest of the country will fare.
Has the Fed Lost Control of Interest Rates?
We expect 10-year yields to move higher when the Fed raises short-term interest rates. But nothing seems to be normal in the current economy.
Don’t Get Distracted
We are faced with a big problem that is threatening to sink our economy, and it’s crucial that we take action now.
Economic Growth Is Surprisingly Disappointing
Businesses and consumers have had enough time to react to the U.S. presidential election in a positive fashion. There’s just one problem: That isn’t the case.
Big Food Is Dying
In business after business, the food industry is finding out that millennials’ preferences are different than their parents’ or the previous generation’s.
More Proof That Something’s Different
There are more job openings than new hires. This indicates employers have problems finding qualified applicants, which is important for a couple of reasons.
Yellen Is Not Done Yet
June 1 marked the first day of hurricane season. When it comes to Wall Street, a different kind of storm is brewing, and now is a good time to start preparing…
Almost Half of Americans Are Missing Out
A Gallup poll found that only 54% of American households own stocks. For the rest of Americans, paying today’s bills replaced investing in the future.
We’re on Track for a Solid Recovery
Despite Washington’s scandals and the mass media headlines predicting doom and gloom, the U.S. economy is picking up steam.
There’s Finally Good News on Earnings
More than 90% of companies in the S&P 500 Index recently reported first-quarter earnings … and the results are the best we’ve seen in more than five years.
Fed Researchers Show Savers Are Out of Luck
Fed economists concluded that low interest rates could last for years. This means that consumers who save money are losing buying power.