by Andrew Moran | Jan 1, 2023 | Articles, Economic Affairs News, Opinion
One look at the US economy over the past year and the opening lyrics of the classic New Year’s tune, “Auld Lang Syne,” would certainly come from our lips: “Should auld acquaintance be forgot And never brought to mind?” Indeed, 2022 was...
by Andrew Moran | Dec 6, 2022 | Articles, Economic Affairs News, Opinion
Could the United States return to the days of the Obama economy? The baseline scenario for Wall Street heading into 2023 is a recession. Many signs indicate an economic downturn next year: The Federal Reserve’s M2 money-supply growth is below pre-pandemic levels, the...
by Andrew Moran | Dec 4, 2022 | Columns, Economic Affairs News, Good Reads, Opinion
The reason price inflation reached a 40-year high is not that the federal government approved trillions in deficit-financed spending or that the Federal Reserve is printing trillions more. The consumer price index (CPI) is running north of 7% because of you and your...
by Andrew Moran | Nov 17, 2022 | Business News, Lights, Camera, Action, Opinion, Swamponomics
Inflation cooled in October, triggering the best single-session performance in the US financial markets since 2020. With more investors anticipating a Federal Reserve that will ease its pace of rate hikes, pausing tightening, and then eventually pivoting, is it time...
by Andrew Moran | Nov 15, 2022 | Business News, Lights, Camera, Action, Opinion, Swamponomics
The Federal Reserve is continuing to raise interest rates as part of its fight against inflation. These efforts are hurting consumers and businesses, but they will also squeeze Uncle Sam, as it will cost more to maintain America’s $31 trillion national debt. Interest...