Economy

Bull Market Could Run for 10 More Years; Tariffs Are Helping

Investors are predicting a continuation of the present bull market, and U.S. Steel is one example of a company doing better because of...

Bob Adelmann January 11, 2019

Following Great Jobs Report, Fed Chair Says He’ll Be “Patient” Before Raising Rates Further

Bob Adelmann January 4, 2019

Fed Chair Jerome Powell said that despite a great jobs report, the Federal Reserve would not try to stall the economy to ward...

As Economy Slows, Bond Investors Say Fed Won’t Raise Rates

Bob Adelmann January 3, 2019

A month ago, bond investors were predicting that the Fed would be raising interest rates several times in 2019. Those same investors are...

What Sparked Wall Street’s Massive Turnaround Late Thursday?

Bob Adelmann December 28, 2018

The spark that ignited the late day rally in stocks on Thursday was most likely a comment about a potential meeting between Trump...

While Wall Street Wobbles, Consumers and the Economy Continue Humming

Bob Adelmann December 27, 2018

While economists and pundits want to blame the stock market’s current volatility on Trump, the shutdown, or something else, the fact is that...

Tepid Government Slowdown Hasn’t Slowed Shoppers

Bob Adelmann December 26, 2018

U.S. retailers notched one of the busiest holiday seasons in years, meeting and in some cases exceeding forecasters’ already rosy outlooks. ...

Good Food+Good Morals=Good Business: Boycotted Chick-fil-A Crows in Triumph

Selwyn Duke December 22, 2018

Despite being targeted by activists for destruction, it’s Chick-fil-A that now has the reason to crow: It’s poised to leapfrog a few major competitors...

Trump, Paul Critical of Federal Reserve for Different Reasons

Steve Byas December 17, 2018

While President Trump is critical of the Federal Reserve's interest-rate hikes, Ron Paul wants the free market to set interest rates. ...

U.S. Economy Remains Strong Despite Wall Street Nervousness

Bob Adelmann December 11, 2018

At bottom, Wall Street is a gigantic gambling casino where investors and money managers predict the future and then place their bets. Those...

Stocks Lose Four Percent Last Week, Thanks to the Fed

Bob Adelmann December 8, 2018

Wall Street’s selloff last week has been blamed on everything but the real thing. The major indices lost more than four percent, with...

Tuesday’s Wall Street Selloff Triggered by Trump, Not the Economy

Bob Adelmann December 5, 2018

The selloff in stocks on Tuesday gives investors another chance to buy stocks of excellent companies at a discount. ...

Tariffs’ Upside: Two Million New Steel Industry Jobs

Bob Adelmann November 30, 2018

A nonpartisan trade group representing farmers, ranchers, manufacturers, and various labor groups reported on Tuesday that, according to its economic model, Trump’s tariffs...