On the morning of May 1, it was announced that First Republic Bank had been taken over by the FDIC and sold to JPMorgan Chase. Eleven major banks had previously infused First Republic with $30 billion in deposits to stabilize […]
Simple question: How’s the economy doing? Answer: It’s complicated. After the Federal Reserve hiked interest rates again (but less than last time) and all the market volatility, it’s a good time to talk about the economy.1 Inflation has been falling […]
As inflation rises through this bear market, it’s easy to forget its role in our economy and how it affects consumers. If you had $100,000 in cash a year ago, it would have been worth $91,400 in June 2022. The […]
One big thing you may have heard about in the headlines is the Federal Reserve’s hint that it might start “tapering” soon.1
Could the Fed’s actions cause a correction or economic slowdown?
Let’s discuss.
The reality is the “V-Shaped” recovery economists wanted seem to be fading.1
Though businesses reopened and millions of people got their jobs back, millions more are still unemployed.2 And more layoffs are coming.3
