Real (i.e., inflation-adjusted) personal income – as earned for productive economic participation – is at a record high. This bodes well for the overall economy because it means the...Continue Reading
94.7% FORECAST ACCURACY || BUSINESS-MINDED ECONOMISTS || UNBIASED AND APOLITICAL
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The Fed appears intent to quell the inflation that they helped create. They have indicated that they intend to make up for lost time with an aggressive schedule of rate hikes. Quantitative...Continue Reading
This is either a glass-half-full or glass-half-empty moment as you look at the chart below. How you perceive the trends on the chart likely says a lot about your expectations. You could...Continue Reading
We first showed the chart below at the December 2020 ITR Webinar hosted by Alan Beaulieu and me. At the time, the M2 Money Supply 12/12 rate-of-change was still rising, and we correctly...Continue Reading