The Wealth Blog

There are many indicators that can be used to measure economic activity. Today, the number of jobs being generated is probably the most important. On…

The Covid-19 pandemic and ensuing lockdowns designed to slow the spread of virus is the direct cause of the steepest recession of the modern era….

GDP, or Gross Domestic Product, is the largest measure of the value of goods and services for the economy. On Thursday, the U.S. BEA reported…

Second quarter Gross Domestic Product (GDP) is expected to decline at the steepest pace on record. Consensus forecast: a 35% annualized decline (Econoday) vs the…

Aided by massive stimulus from the Federal Reserve, the major indexes have mounted an impressive rally this year. Cautiously upbeat headlines regarding a vaccine have…

Reopened businesses and government spending via stimulus payments and generous jobless benefits have fueled record gains in employment and consumer spending in May and June….

Let’s review two important economic reports: retail sales and industrial production.   The Covid-inspired lockdowns began in March, as reflected in retail sales and industrial…

There has been no shortage of media headlines highlighting how celebrities, movie stars, and even rock bands have received loans under the Paycheck Protection Program. The…

Q2 earnings season unofficially gets underway this week, and investors are bracing for a steep decline in profits. But does it matter? Are investors already…

Over the last two months, the economy has rebounded at a pace that is much better than nearly anyone could have expected. Job growth is…

Nonfarm payrolls surged a record 4.8 million in June, which is on top of the 2.7 million increase in May per the U.S. Bureau of…

On July 4th, we celebrate the 244th anniversary of the signing of the Declaration of Independence. In its honor, here are 9 fun facts about…