Extremists would have the government pay the federal debt in full. Andrew Jackson is the only president ever to have paid off the national debt, which was celebrated on January 8, 1835.
Economic Commentary
Consequences of the Election Surprise
Donald Trump has completed his landmark quest and will become the nation’s 45th President after a contentious and often divisive campaign.
Don’t Slump in October!
Only the best baseball teams are still playing in October, and if anyone “slumps” now, there’s a good chance their season ends short of a World Series championship.
Flaccid Recovery
JPMorgan put together a chart using information from the National Bureau of Economic Research to show how the economy has grown following every recession back to 1948.
My Fellow Americans… How Do Elections Effect the Stock Market?
By the last primary in early June, everyone knows the battle lines. It would appear that they invest accordingly. Then, four months of campaigning for the general election.
Watch the Right Signals
With five inbound lanes, including a state highway, a connector to an Interstate, and Main Street changing from two to one way, everyone passing through my hometown.
Supply and Demand
Efficient new oil extraction technologies, which helped American oil production skyrocket over the past decade, are causing worldwide problems.
100 Days of Torture
The stock market began its first correction in four years about 100 days ago. The volatility since that correction seems like torture. Moreover, the first days of 2016 rank amongst the worst starts to a calendar year.
Congress gets it act(s) together
For the first time in years, Congress passed a budget bill that won’t require an annual battle over the details. The spending cap is set for the next two fiscal years.
Over-Index Video
According to LPL’s Over-index, our economy is not over-indulgent, giving us confidence that the expansion could continue for quite a long while.