Daily Economy News
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Why Inflation May Pick Up in 2016
In a recent article, the Wall Street Journal reviewed what economic forecasters got right and wrong in 2015. Among what they got wrong is the inflation forecast. In December 2014, Fed officials forecast an inflation rate of between 1 and 1.6 percent, but it turned out to be only 0.4 percent by November (December inflation…
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Putting a Price on Good Weather
It has been an uncharacteristically warm fall and early winter here in the Northeast, and I for one was very happy to forego a White Christmas in order to have a warm one. But how much does the weather matter to average Americans, and how does it affect the cost of living?
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My Hopes for 2016: Back to Business Basics
Here’s hoping that 2016 brings back an economy that relies more on business fundamentals, and less on the machinations of technocrats in Washington. With the drama of the first Fed rate hike behind us, perhaps business leaders and investors can focus on the things that make American companies competitive for the long haul.
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Best of 2015: Is College Worth the Expense?
From our top blogs of 2015: Nothing has risen more quickly than the cost of going to college, our visiting research fellow, Steven Pressman, wrote in August. He discusses whether it is still a worthwhile investment.
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Best of 2015: An Economist Approach to Car Shopping
From our top blogs of 2015: The method that our data scientist, Theodore Cangero, used to buy a car.
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Best of 2015: Medicare is Hardly Self-Financed
This week, as we recharge for the new year, we highlight a few of our best-read blogs of 2015. This piece originally ran in August. Many believe that Medicare (similarly to Social Security) does not add anything to the federal budget deficit because it is financed by dedicated tax revenue. This belief is one of…
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Fed Rate Increase Didn’t Rattle the Market
Americans have spent a lot of energy worrying about what might happen when the Federal Reserve Bank raised interest rates. They have worried that an increase could hurt economic growth, and could be a setback for investors. But a week after the increase, the effects have so far been pretty mild.
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How Much Should You Hold in Emergency Savings?
Although saving for the long-term future is important, you should also consider holding some share of your money in cash and similar short-term investments (sometimes called cash equivalents) such as CDs, money market funds, and short-term treasuries.
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•
Why Inflation May Pick Up in 2016
In a recent article, the Wall Street Journal reviewed what economic forecasters got right and wrong in 2015. Among what they got wrong is the inflation forecast. In December 2014, Fed officials forecast an inflation rate of between 1 and 1.6 percent, but it turned out to be only 0.4 percent by November (December inflation…
-
•
Putting a Price on Good Weather
It has been an uncharacteristically warm fall and early winter here in the Northeast, and I for one was very happy to forego a White Christmas in order to have a warm one. But how much does the weather matter to average Americans, and how does it affect the cost of living?
-
•
My Hopes for 2016: Back to Business Basics
Here’s hoping that 2016 brings back an economy that relies more on business fundamentals, and less on the machinations of technocrats in Washington. With the drama of the first Fed rate hike behind us, perhaps business leaders and investors can focus on the things that make American companies competitive for the long haul.
-
•
Best of 2015: Is College Worth the Expense?
From our top blogs of 2015: Nothing has risen more quickly than the cost of going to college, our visiting research fellow, Steven Pressman, wrote in August. He discusses whether it is still a worthwhile investment.
-
•
Best of 2015: An Economist Approach to Car Shopping
From our top blogs of 2015: The method that our data scientist, Theodore Cangero, used to buy a car.
-
•
Best of 2015: Medicare is Hardly Self-Financed
This week, as we recharge for the new year, we highlight a few of our best-read blogs of 2015. This piece originally ran in August. Many believe that Medicare (similarly to Social Security) does not add anything to the federal budget deficit because it is financed by dedicated tax revenue. This belief is one of…
-
•
Fed Rate Increase Didn’t Rattle the Market
Americans have spent a lot of energy worrying about what might happen when the Federal Reserve Bank raised interest rates. They have worried that an increase could hurt economic growth, and could be a setback for investors. But a week after the increase, the effects have so far been pretty mild.
-
•
How Much Should You Hold in Emergency Savings?
Although saving for the long-term future is important, you should also consider holding some share of your money in cash and similar short-term investments (sometimes called cash equivalents) such as CDs, money market funds, and short-term treasuries.