A New Time for Change

A New Time for Change

The US economy appears to be reemerging from the depths of the crisis. Activity in manufacturing has moved into an expansion joining the already growing segments in services and construction. The turnaround has so far outpaced the rest of the world’s progress with...
A Wild Ride for Markets

A Wild Ride for Markets

The wait is finally over to see how the economy fared during the second quarter, a time in which the US economy was heavily shut down. The outcome was abysmal and produced a -32.9% annualized contraction in GDP from the preceding quarter. One has to go back to the...
Money in Circulation

Money in Circulation

Monetary policy decisions have worked out favorably since the start of the pandemic. Capital was made cheap for those in need of it and returns became scarce, requiring capital holders to look for return in riskier places. Money in circulation soared in the second...
Time Bought

Time Bought

The pandemic of COVID-19 remains a relevant topic weighing on the concerns of public-safety and in financial economics. Improvements in the number of daily cases are being made in North America and Europe, but new cases are growing in many of the emerging market...
Cash Made Available

Cash Made Available

The effects of the Coronavirus crisis are now beginning to show up in earnings and economic data. Economic numbers have deteriorated, but shrinking economies come as no surprise to anyone given the widespread impacts of COVID-19. The US economy contracted at an...
Cycles End and Cycles Begin

Cycles End and Cycles Begin

The unprecedented and long bull market in equities finally came to a close in the first quarter of 2020. Additionally, the long economic expansion in the US economy has come to an end. Not many would have thought that a biological condition would cause these scales to...