How Tariffs Can Strengthen the U.S. Economy

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How Tariffs Can Strengthen the U.S. Economy Tariffs have long been a tool used by governments to influence trade, protect domestic industries, and promote national economic growth. In the United States, with President Trump taking the charge, tariffs have been a contentious issue, with some arguing they bolster the economy while others warn of potential downsides. … Read more

Introduction of Inflation (Part 2 of 2)

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This is part 2 of an overview on inflation. We discuss what the media/experts are saying about inflation and how to protect yourself from high inflation. Please feel free to post any follow up questions or comments in the comments section below. What is the media/experts saying about inflation? By summer, there are many economists … Read more

Introduction of Inflation (Part 1 of 2)

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As you have probably seen in the news lately, a lot of people, companies, and government representatives are talking about inflation. Given inflation can be one of the most impactful things to you and your savings, I wanted to write a few articles to discuss inflation. In 2 articles that we will post, I will … Read more

Update on Home Sales and U.S. Mortgage Rates

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A few additional interesting statistics to watch during this pandemic, is U.S. home sales and the corresponding mortgage rates. Please let me know if anyone has recently purchased a home and if they are comfortable sharing, please share your rate as well. U.S. Home Sales: U.S home sales dropped to their lowest level in more … Read more

Updates on the General Economy

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There is generally more and more positive news coming out for the economy which is a sign we have already hit a bottom. Many believe that rising coronavirus cases won’t overwhelm hospitals that are now better prepared than during the first wave, and that virtually no political will exists for the return to restrictive lockdowns … Read more

June Stock Market Performance

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The stock performance in June has been very strong, which is a surprise to many. June is turning into a historic month for the markets, as the Dow experiences its best performance for the month since 1933 Wall Street rallied Monday 6/29, with all three indexes jumping by over 1%, after new housing data showed … Read more

May Unemployment Numbers

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May unemployment numbers are again bad news and we are still seeing the impact from the coronavirus. 2.123 million Americans filed for unemployment benefits in the week ending May 23, exceeding economists’ expectations for 2.1 million initial jobless claims. The prior week’s figure was revised higher to 2.446 million from 2.438 million jobless claims. Over … Read more