Federal Reserve Sees Need for More Government Spending… The Federal Reserve released the minutes of its July meeting. The bankers discussed the need for more federal government action to mend the ...
Week In Review – August 17 2020
Claims Dropped Below 1 Million for First Time in 21 Weeks… 963,000 Americans filed for initial jobless claims last week, less than the 1.1 million expected. What it means— Is it really good news? ...
Week In Review – August 3 2020
Second-Quarter GDP Drops 32.9%… The number is annualized, so in the second quarter, GDP fell 8.2%. What it means— The best that can be said is that GDP fell less than expected last month. ...
Week In Review – July 27 2020
Covid-19 creating confusion and fear… Media reports of rising cases dominate the headlines. What it means— The media is not reporting much good news regarding falling death rates or demographic ...
Week In Review – June 15 2020
The Federal Reserve Expects to Hold Rates at Zero for Years… At their regularly scheduled meeting, the bankers unanimously agreed to hold rates at zero while buying more bonds. What it ...