A Quick Recap of What Has Happened in the U.S. Economy

First and foremost, I would like to apologize for my lack of publications in the recent weeks. My day job and personal life have taken a heavy toll on my free time to write and let alone, read the economic news in detail as I like it. Nevertheless, much of that has been taken cared …

Would You Like More Debt? If so, Then You Are in Luck.

The CBO(Congressional Budget Office) released their March 2017 10-year budget and economic projections and let me tell you, it does not look good. As of right now, 77% for the federal debt is held by the public. The CBO states that "if current laws generally remained unchanged, the Congressional Budget Office projects, growing budget defictis …

The Durable Goods Report is In!

The Department of Commerce released their February report of durable good orders today and it looks like we are heading in the right direction. First, lets explain "durable goods." Durable goods are goods that are meant to last three or more years and do not have to be purchased on a regular basis. This means that …