I've stated repeatedly that a massive amount of stimulus has been required to generate GDP growth of just 2.0%-2.5% annually since the end of the Great Recession (June 2009). We have further said that the removal or reversal of some of these stimulants will be a tough hurdle for the economy to overcome.
The dollar began its ascent against other major world currencies in mid-2014. The move higher was fast and furious, but the greenback ran into some resistance beginning in the middle of March.
The incessant parsing and analysis of each and every Fed utterance is becoming quite comical. God love Steve Liesman and Mark Zandi, but are they really adding much value by trying to read between the lines of each statement from each Fed member?
The market's response to Wednesday's economic data was somewhat perplexing at first blush.
As a key first step to shining a light on dark money -- election-related funds whose source remains secret -- the president should issue an executive order requiring government contractors to disclose their election-related spending.
In the summer of 2013, a sharp spike higher in interest rates caused by the "taper tantrum" (fear that the Fed will soon end monetary easing) reduced both housing affordability and the opportunities to lower mortgage rates through refinancing.
Step back and calmly contemplate the state of our great nation. Does anyone see anything beyond the confusion, disillusionment and ambiguity?
Find out how the Supreme Court is able to sit through speeches by taking our latest Week to Week news quiz. Here are some random but real hints: ther...
We cannot let up until Keystone North is vanquished, but all signs continue to point to the president nixing TransCanada's cross-border permit. The latest flashing sign is a White House promise to veto a Keystone pipeline bill just passed by Congress.
Imagine looking up and seeing a ring of little pearls in the sky that are human habitats, or knowing there are trees growing on the Moon and the first human babies are being born on Mars who will call it their Home.
An argument can be made that there are really two aspects to Obama's rise in the polls. The first is all the bold positions Obama has been staking out recently. The second, though, is the fact that more and more Americans are starting to feel better about their economic prospects.
Of the various domestic policy prescriptions of President Obama's 2015 State of the Union address, one message stood out clearly: though the economy has improved significantly since the darkest days of the Recession, the nation still has much work to do when it comes to reducing economic inequality.
What if football were more like modern medicine? Perhaps the only way to advance down the field would be to renounce all progress to date and start again each time at the 20-yard line. You never get to build on your prior gains. That seems a dubious game to me.
President Obama addressed several youth issues, but as young people we have to make sure these policies are being developed with the interest of young people in mind and advocate for the issues that directly impact our lives.
The year 2015 may yet produce solid returns for investors in US stocks. However, it's looking more and more likely that TINA ("There Is No Alternative"), more than any other factor, will be responsible rather than strong earnings growth.
Passing new trade agreements would be critical to our smaller exporters, which don't have offshore affiliates to help them overcome trade barriers and gain market access. Trade promotion opens doors for small businesses that would otherwise remain closed.