Momentum Holds but Economic Uncertainty Rising
Sometimes I like to think of the macroeconomy as an oceangoing container ship. There’s a lot of mass in those ships, a lot of momentum. The largest of these ships are nearly 450 yards long…
Sometimes I like to think of the macroeconomy as an oceangoing container ship. There’s a lot of mass in those ships, a lot of momentum. The largest of these ships are nearly 450 yards long…
Looking back to our first issue in late 2022, we saw the national and state economies gaining strength and confidence, though the heady days of 2021 were unlikely to return soon. The newest data from…
On November 3, 2022 the Federal Reserve announced another 75 basis point hike in the Federal Funds rate (the overnight interest rate on interbank loans), raising its target from 3.25% to 4.00%. The Fed is…