by Andrew Moran | Apr 25, 2024 | Articles, Business News, Opinion
Did Federal Reserve Chair Jerome Powell’s December declaration of loosening monetary policy backfire? The US central bank has ostensibly capitulated to the inflation revival following four consecutive hotter-than-expected consumer price index (CPI) reports....
by Andrew Moran | Dec 20, 2023 | Articles, Business News, Opinion
The term recession has been tossed around quite a lot over the last two years. The US economy briefly appeared to meet the traditional definition – back-to-back quarters of negative economic growth – in 2022, though the Biden administration and its allies in the press...
by Andrew Moran | Nov 3, 2023 | Articles, Business News, Opinion
For economists anticipating a soft landing, it might be time to revise their forecasts (again) and pencil in a recession. The October jobs report came out, and it was quite the spectacle when digging through the Bureau of Labor Statistics (BLS) data. It revealed that...
by Andrew Moran | Jun 25, 2023 | Articles, Columns, Economic Affairs News, Opinion
Over the past year, Wall Street has contended with a great bombardment of events: rising interest rates, a banking crisis, war in Eastern Europe, rampant inflation, a debt ceiling battle, a technical recession, and much more. And yet, the New York Stock Exchange has...
by Andrew Moran | Jun 15, 2023 | Articles, Business News, Opinion
In the immortal words of legendary comedian Rodney Dangerfield, cryptocurrency can’t get no respect. The federal government’s new edict is ostensibly to eradicate virtual tokens. Securities and Exchange Commission (SEC) chief Gary Gensler recently made this admission...