The Wealth Blog

The pandemic has generated economic distortions throughout the economy, and housing is no exception. After sales briefly fell during last year’s lockdown, sales surged and…

Can the economy grow too quickly? Can the economy add too many jobs? Is fast wage growth something we want to avoid? Might there be…

The red-hot economy and higher inflation haven’t gone unnoticed at the Federal Reserve, even after it kept its key short-term lending rate, the fed funds…

At the height of the pandemic, Fed Chairman Jerome Powell said the Fed was not even “thinking about thinking about raising interest rates.” That may…

The U.S. BLS reported last week that the Consumer Price Index (CPI) rose 0.6% in May, topping the forecast by analysts of 0.4% (Investor’s Business…

During the month of April, the number of job openings in the U.S. increased a record 1 million to an all-time high of 9.3 million,…

The U.S. BLS reported nonfarm payrolls rose by 559,000 in May. It’s above the 278,000 jobs added in April, but below 785,000 in March. The…

Layoffs are not just a measure of the labor market. The level and direction of layoffs is an important indicator of the health of the…

The S&P 500 Index1 advanced 76% in the first year of the new bull market (S&P 500 data St. Louis Federal Reserve). We’re now in…

A Google search of the word “inflation” has more than doubled since the beginning of the year. It’s up more than three-fold since last summer,…

April’s Consumer Price Index was a shocker. The CPI rose 0.8%. Excluding food and energy, prices jumped 0.9%, the fastest monthly reading in 40 years…

The U.S. BLS reported last week that the Consumer Price Index (CPI) jumped 0.8% in April vs March. The so-called core CPI, which excludes food…