Category Archives: General Interest

Best of Times, Worst of Times – At the Same Time??

Depending on what you read, you might think we are living in the best of times, or you might think we are living in arguably the worst of times. But this is nothing really new. You can always find writers that espouse both views at any given time. Today, I will summarize two interesting articles…

Optimism Is Surging in America, Despite Dislike of Trump

We have numerous gauges of consumer and business confidence, and virtually all of them are surging higher this year – many are at all-time highs. This is despite the fact that President Trump is reviled by the left (and some on the right) and has approval ratings that are in the dumps. Today, I’ll start…

2Q GDP Hits 3%, Yet 78% Still Live Paycheck to Paycheck

The Commerce Department reported yesterday that 2Q GDP rose at an annual rate of 3.0%, the best showing in more than two years and up from the initial estimate of 2.6%. The report was stronger than expected and was spurred by a bounce in consumer spending and business investment. While yesterday’s report was a welcome…

Fed Confirms Balance Sheet Reduction Just Ahead

In my August 8 Forecasts & Trends E-Letter, I suggested that the Fed Open Market Committee (FOMC) may vote to begin the process of reducing the size of its massive $4.5 trillion balance sheet at its next policy meeting on September 19-20 – in lieu of hiking the Fed Funds rate a third time this…

10 Best/Worst States For Making a Good Living in 2017

I ran across an interesting article back in June that ranked the 10 best and worst US states to live in for making a good living. I just haven’t had an opening to write about it until now, so here goes. The survey was conducted by MoneyRates.com and factored in state median salaries, state income…