Investing in the Future: Deflation in daily need items yet education and healthcare still go up? What is happening in our economy?
It is rather stunning how quickly deflation has appeared in the mainstream media. When it comes to reporting this financial mess, the media has really done a poor job doing thorough reporting or at least investigating this matter carefully. Wouldn’t you think that a piece of the financial puzzle this big in size would require […]
The Main Street Economic Effect: 10 Reasons why This Recession will feel like a Minor Depression.
The investing world is full of cryptic words. Credit default swaps. Seasonal adjustments. Collateralized debt obligations. But for the average American they are interested in how the economic crisis will impact them on a personal level. How does the actions of Wall Street impact their daily lives.
The October 2008 Job Report: Digging Deeper into the Data. True Unemployment Rate at 11.8%.
Trying to explain the unemployment rate is a challenge since there are many nuances to look out for. For example, today the unemployment rate came out at 6.5%, the highest since March of 1994. That would be troubling in itself. What was also released in the report is a horrible number of 240,000 jobs being […]
Owners’ Equivalent of Rent: The Fed and BLS Gaming the System.
It probably won’t come as a surprise to you that consumer prices are rising at an incredibly rapid pace. If you were to only look at the Bureau of Labor and Statistics (BLS) CPI numbers you would think that inflation is hovering around 3 to 4 percent. Of course this is utterly devoid of any […]