The Consumer Index heading Higher As Inflation Surges
Traditional markets have been reacting to Federal Reserve data, but not in the way expected. Over the last several months, the stock market continued to rally higher despite alarming market conditions. The U.S. Dollar Index (DXY) went on a multi-month downtrend in the spring before gradually reversing. The U.S. dollar decreasing in value was not surprising […]
Is the ‘Biden Boom’ an Improvement to the Economy?
Americans are not seeing eye to eye with President Biden as unemployment declines while inflation is continually on the rise. Rising costs and the ongoing pandemic have caused concern for many, but, according to Biden, unemployment rates are at it’s best, and he insists that inflation is slowly reducing. Is this a real economic recovery? […]
Early Signs Show US Economic Recovery is Slowing
The world economy is beginning to recover from the coronavirus pandemic, but expected growth forecasts and early warning signs are becoming more and more prominent. On Tuesday, the International Monetary Fund downgraded the United States’s expected growth forecast by a whole percentage point to 6%, the biggest decrease for any G7 economy. One of the biggest issues […]