Fed’s Yellen Turns Hawkish – Rate Hike As Early As March

Federal Reserve Chair Janet Yellen appeared before Congress on Tuesday for the first day of her semiannual testimony on monetary policy. In a surprise to many, Yellen gave the markets a wake-up call — that the Fed is serious about raising interest rates three times this year, and possibly as early as the next Fed…

Latest Economic Outlook From Economists At Regions Bank

I read an enormous amount of commentary on the US and global economies week in and week out. One of the sources I try not to miss is the weekly ECONOMIC PREVIEW by the economists at Regions Bank. They’re not perfect, of course, but I always find their analysis insightful. Chief Economist Richard Moody and…

Millennials’ Net Worth Half As Much As Parents’ At Same Age

The term “Millennials” generally refers to those Americans born between 1978 and 1994, and the first generation to reach adulthood just before and after the turn of the century. Millennials are thought to include apprx. 78 million Americans, making this generation the largest in US history, as compared to Baby Boomers who are thought to…

CEOs to Trump: Deregulation More Important Than Tax Cuts

Our main topic today revolves around the reactions President Trump got from the CEOs of some of America’s largest corporations in meetings he had with them this week. Mr. Trump advised these corporate bigwigs of two things: 1) that he was willing to offer them very attractive corporate income tax cuts and significant reductions in…

President Obama’s Legacy – Weaken America For Eight Years

If you have read me for very long, you know a few things about my political leanings, which I don’t hesitate to espouse now and then. I’m a free-market conservative that believes in smaller government, balanced budgets and lower taxes, just to name a few. President Barack Obama is the first black president of the…