Tag: Economy

What a whirlwind the United States Presidential Election was! It sparked record interest in the Presidential Debates and polls predicted the highest turnout rate of voters in the history of our Presidential Elections.   Trump was the third Presidential candidate in US history to win the election after losing the…

With Donald J. Trump now America's 45th president many are now asking if he can bring around the economic change promised while on the campaign trail. A lot of people voted for him as a change agent and from an economic point of view at least are hoping he can…

From a long term trend perspective, despite a few recessions along the way, the American economy based on GDP data, has been growing consistently bigger. Coupled with the stock market reaching new long term highs one may argue that America has found its groove again and that we are back…

Thanks to recent announcements by the Federal Reserve around cutting back on buy back programs interest rates have been rising, with the forecast for even higher rates by year end. Based on the latest rates have been rising consistently of late with the 30-year fixed rate averaging over 4.1%. That's up from…

See updated details on the potential 2020 payroll tax cut [Updated- 2012 Payroll Tax Credit Holiday, Unemployment Benefits and Medicare Doctor Payments Extended to Dec 31st] With House Republican support Congress has passed legislation extending the federal payroll tax holiday through the end of the year without demanding spending cuts…

The US Bureau of Economic Analysis has released the 2010 Gross Domestic Product (GDP) figures which showed a 2.6% average increase across the nation. As the graphic below shows 48 states and Washington DC experienced real GDP growth, led by the eastern seaboard states. Texas, North Dakota and Oregon were…

With gold prices rolling past record highs on a regular basis, a number market pundits feel that we are entering a gold bubble.  Like the housing and financial bubbles many have gotten swept away with the lure of easy money, only to coming crashing to earth when the bubble pops.…

We are more than halfway through the year and yet many major economic indicators are still showing the economy is not recovering as many would have hoped. Consumer confidence numbers showed that only 3% of people want to buy a car. These numbers are interesting considering previous tax credits targeted…