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Pursuit of Truth in Finance & Economics
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Buying/Renting Home Vs. Investing In Stocks
The upward mobility is the highest in the middle of the country. It’s the lowest in the southeast. If these trends continue, the housing market will probably have low returns.
Consumer Prices Rise Highest Since 2007
The Fed has longed for inflation for years because it consistently has been below its goal of 2%. It’s a strange goal to have because it means the purchasing power of the consumer decreases.
Federal Reserve Dilemma Suggests Higher Inflation
The low neutral rate has put the Fed in a bind as it probably won’t be able to cut rates 5% in the next recession like it usually does.
Timing The Next Recession
There have been some prognosticators who claimed the economy was ‘due for a recession.' Rigorous analysis tells you that business cycles don’t have a static time clock they must obey. There are dynamic effects that cause cycles to vary in length.
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