The overwhelming success Democrats had at the ballot box on Tuesday was due to a number of factors and no doubt at least partially reflected the turmoil associated with the Trump administration, but one issue seemed to have been atop the leaderboard of concerns: the economy. Recent poll data compared to a similar point in […]

The seemingly inexorable rise in the stock market has now coincided with the publication of an important new book by Andrew Ross Sorkin about the 1929 crash, raising questions in the minds of many as to whether we are headed for a repeat of the events of nearly 100 years ago. Predicting markets is nearly […]

 The American economy seems to be entering what is sometimes called a “K-shaped” period, by which they mean a period in which the economy is working well for some Americans (usually those near the top) but not nearly so well for others, particularly those further down the ladder. In this cycle, the explosion of […]

As the government shutdown drags into its second week, many Americans are doubtless puzzling over exactly what this dispute is about, other than that it has something to do with healthcare. It’s a central part of the Republicans’ efforts to dismantle the Affordable Care Act, particularly key enhancements enacted in 2021. As a reminder, Obamacare […]

 The most anticipated meeting in a long while of the Federal Reserve Open Market Committee ended uneventfully, with the rate-setting body voting almost unanimously for the small, 0.25% rate cut that the market widely anticipated. Only President Trump’s most recent appointee, Stephen Miran, dissented, arguing for a 0.5% reduction instead. That brought the Fed’s […]