In the investment world, inflation is the topic of the day. There are at least four reasons for this: Congress - Since March of last year, the federal government has dropped more than a trillion dollars of cash into the economy via stimulus checks and the Paycheck Protection Program. While many [...]
A little-noticed big change
Earlier this year, as I’m sure you recall, the stock market went into freefall. But all of a sudden, on March 23rd, everything changed. The market turned around, and just as quickly as it had dropped, it started to rebound. Remarkably, the U.S. stock market is now in positive territory for the [...]
Why you should care about the dullest headline of the week
This week the government issued its monthly inflation data report, and the headline could have put you to sleep: “Consumer Price Index Rises 0.2% in April.” It would have been easy to skip over this seemingly insignificant story for two reasons: First, the way the government reports inflation data, [...]