Federal Reserve

Those in the economics profession are often charged with making forecasts.  For some periods, there is a lot of agreement regarding the path of the economy.  But then the road gets bumpier, and opinions begin to differentiate more and more.  Th

I'm Buy-Now-Pay-Later Man,

I live on a credit plan.

I see it, I want it, I get it, you see,

No money? No problem, it's all so easy.

I'm Buy-Now-Pay-Later Man,

I live on a credit plan.

Employment data have been rather consistent during the past year or so and could be setting up the Federal Reserve for a period of difficulty.  Growing payrolls have been the trend every month since December 2020.  The year-over-year statistic has been above zero since April 2021.  Although, it has also been decelerating since then (see the chart above), partly due to the law of

Philadelphia is a significant city in American history.  Delegates from 12 of the 13 original colonies met as there as the First Continental Congress on September 5, 1774, for a meeting which lasted until October.  Fast forward nearly two centuries and American Bandstand (AB) premiered there in March 1952.

At first, hopscotch, a children's game, and monetary policy, an aspect of macroeconomics, couldn't seem more disparate.

With the Federal Reserve’s latest meeting behind us, growing focus is directed to America’s budget.  Expect more of this type of discussion in the news as May wears on because our nation is near its debt limit.  Leadership is expected to meet next week to discuss the matter which could come to a head in early June.  Unfortunately, busy calendars and trips out of the c

So far, the banking challenges of 2023 have been far from catastrophic.

“Move fast and break things” was the motto Facebook founder Mark Zuckerberg created to describe the characteristic of processes he wanted implemented at the company.

Wednesday Morning, 3 A.M. is the first album released by Simon and Garfunkel.  The Sound of Silence is the last track on side one.  This hit song is about the inability of people to communicate and all the difficulties that accompany it.  America is facing such an episode now with our central bank.

/ˈjäbˌsmakt/

A description of the feeling a person gets after receiving a piece of shock news concerning their employment i.e. demotion, redundancy, loss of benefit, changes to working routines or dismissal. Often due to unforeseen circumstances which lead to the recipient ending up in said state. (www.urbandictionary.com)