With the election over, a lingering uncertainty has been removed as expectations of how fiscal policy and stimulus programs funded by government debt may evolve. Some economists and market analysts project eventual higher taxes along with an expanding fiscal deficit. …
Millennials Lagging Relative To Their Parents & Grandparents
The Federal Reserve tracks and compiles data on all of the generational members which include the Silent, Baby Boomer, Gen X, and Millennials. The data is revealing that the millennial generation, born between 1981 to 1996, are lacking in their …
Pandemic Shifts What Energy We Are Using – Consumer Energy Usage
COVID-19 has upended and completely altered the way we use energy. What has been conventional wisdom and consistent for decades has all changed in a matter of months. For the first time since 1960, U.S. consumers have spent more on …
How Lower Credit Limits Affect Your Credit Score Due To The Pandemic
Millions of Americans are having their credit scores adversely affected by the pandemic, as banks and finance companies modify the extension of credit. As consumers struggle to retain a fragile balance between joblessness, lower wages, and household expenses, lenders are …
Uncertainty From Presidential Race Drove Volatility In October
U.S. equities zigzagged throughout October as uncertainty surrounding the election and a second stimulus package instilled volatility. Global developed market equities declined in October as earnings became more of a concern among companies throughout various industries. In the U.S., the …
The Reemergence of Stagflation – Economic Trends
Recent government data that tracks inflation, known as the Consumer Price Index (CPI), has been rising steadily since the onset of the pandemic in March. Economists believe that the rise can be construed as either a rebounding economy or as …
International Migration Plummets – International Dynamics
International migration plunged 46% over the past year as the pandemic has hindered mobility for millions of migrant workers worldwide. The Organization for Economic Cooperation and Development (OECD) tracks the issuance of new visas and permits by the organization’s 37 …
Macro Economic Overview – October 2020
Worries regarding a second wave of infections heading into the fall, election uncertainties, and wavering economic indicators contributed to a dubious September. Equities paused from their upward trajectory in September, with technology stocks repelling from their highs. Uncertainty surrounding vaccine …
Industries That Are Experiencing Higher Unemployment Due To The Pandemic
The most recent labor statistics made available by the U.S. Department of Labor is identifying more impactful increases in unemployment in certain industries than others. Economists and analysts believe that the year-over-year increases in unemployment are attributable to the pandemic, …
Altered Eating Habits Create A Rise in Obesity Leading To Lower Sugar Consumption Limits
Every five years the U.S. government revises the Dietary Guidelines for Americans, which govern school lunch programs, shape health promotion efforts, influence what food manufacturers produce, and give Americans an idea of how to make healthy food choices for themselves …
Rates Vacillate As Stimulus Efforts Unresolved
The Federal Reserve continues to purchase $120 billion of Treasury and mortgage agency bonds each month, expanding its balance sheet to over $7 trillion as of the end of September. The monumental buying is meant to facilitate bond market activity …
What’s In Store For The Housing Market
Euphoric media reports about the housing market are starting to come into question, as the fragility of the housing market is gradually being exposed. The FHFA House Price Index revealed that housing prices nationwide rose a paltry 5.4% in the …
Hunger Becoming A Concern Globally As COVID Takes Hold
The effects of the Covid-19 pandemic yields much uncertainty and concern as the world sees trending patterns towards a global hunger crisis. The projected increase is expected to surpass outstanding numbers within the past century. Changes in the global supply …
Americans Saving More Amid Pandemic – Consumer Behavior
Store and restaurant closures have prompted consumers nationwide to stay home, spend less, and save more. Dwindling consumer confidence along with uncertainty surrounding the job market, has shifted many from a spending mode to a saving mode. The average savings …
Rising Inequality Within American Cities – Municipal Overview
The pandemic’s effect on American cities yields much uncertainty of the sociological impact on individuals and communities. The economic correlation to social matters draws a big concern on the pandemic’s impact on worsening social inequalities as lower class Americans continue …
California First State To Require Zero-Emission Vehicles
The governor of California issued an executive order in September requiring that all automobiles sold in the state would be zero-emission by 2035. The announcement gives auto manufacturers 15 years to transition from gasoline and diesel engines to zero-emission engines. …
Macro Economic Overview – September 2020
U.S. equity indices rebounded in August to pre-pandemic levels that were last reached in early March of this year. The dramatic recovery in equity valuations came about very quickly and unexpected by numerous market analysts and economists. The Federal Reserve …
Rates Rose Slightly In August – Fixed Income Update
Rates rose slightly in mid-August, following a weaker than expected auction for U.S. government bonds. The yield on the 10-year treasury rose from 0.55 in early August to 0.71 in mid-August, representing nearly a 30% jump within two weeks. The …
Equity Markets Driven Higher In August – Domestic Market Overview
The recovery of U.S. stocks from the depths of the market turmoil in March, when the pandemic became official, has been unprecedented. Equity values returned to where they were before the pandemic in August. The rebound in equity indices has …
Pandemic Driven Spending May Not Be Consistent – Pandemic Effects
Spending soared in May to a record 8.2%, reported by the Commerce Department, accompanied by an increase in personal income which rose 10.5% in April. Many analysts and economists believe that spending among U.S. consumers following the onset of the …