Daily Economy
-
•
Inflation Hit Urban Renters Harder Last Year
Recent changes in your cost of living depend greatly on where you are in your career, education and life. That’s a key takeaway from my recent research, which we published today in a brief entitled “Average American’s Cost of Living Falls.”
-
•
Economic Growth Continues, But At a Slower Pace
Six and a half years into the business-cycle expansion, economic growth continues, albeit at a slower pace. The growth is mainly driven by personal consumption expenditures, with some weakness coming from business investment and exports.
-
•
What Could Push the Economy to the Tipping Point
Although the economy and the stock market are very different entities, they can and do intersect. Their health rely on some of the same fundamentals. Short-term stock market fluctuations, including the recent double-digit percentage plunge, are difficult to fully explain and even more difficult to predict. However, over time, equity markets tend to be driven…
-
•
After Liftoff, a Lull
With the recent market turmoil and the plunge in oil prices, as well as no meaningful evolution in economic conditions, the Fed’s decision today was not difficult to make. Lower oil prices and weak global economic growth would make the Fed more cautious about its tightening policy. The second interest rate increase in March has…
-
•
Permanent Tax Cuts Pack a Bigger Punch
Congress recently renewed several tax breaks for households and businesses, which the president signed as part of the year-end budget deal. Whereas previous renewals generally expired after one year, Congress made many of the tax “extenders” it renewed in December permanent. This can be helpful. When it comes to tax cuts, how long the cut…
-
•
PayScale, Money Magazine Feature AIER Study
Our report, “New Careers for Older Workers,” continues to gather attention, this time in a PayScale piece that was picked up by Money last week.
-
•
January Market Turbulence: A Historical Perspective
Through Thursday, the S&P 500 Index was down about 8.6 percent during the month so far. To put this in perspective, the worst January in S&P 500 history was 2009. In January 2009, the market fell 8.6 percent. We’re on pace for a January stock market loss as bad as we’ve ever seen. What lessons…
-
•
Amid Turmoil, Long-term Consumer Prices Follow a Familiar Trend
Fascinating as the free fall in the stock prices might be, stock prices are not directly relevant to consumers. The Consumer Price Index, released on Wednesday, sheds light on the prices that households experienced in December 2015. Most goods were cheaper, while services were more expensive. Consumers were paying more for services than for goods,…
-
•
How to Watch the Economy This Week
After an anxious week of lackluster economic data and a plunging stock market, the week ahead promises to shed more light on the trajectory of an economy that has been on a path of slow growth.
-
•
Inflation Hit Urban Renters Harder Last Year
Recent changes in your cost of living depend greatly on where you are in your career, education and life. That’s a key takeaway from my recent research, which we published today in a brief entitled “Average American’s Cost of Living Falls.”
-
•
Economic Growth Continues, But At a Slower Pace
Six and a half years into the business-cycle expansion, economic growth continues, albeit at a slower pace. The growth is mainly driven by personal consumption expenditures, with some weakness coming from business investment and exports.
-
•
What Could Push the Economy to the Tipping Point
Although the economy and the stock market are very different entities, they can and do intersect. Their health rely on some of the same fundamentals. Short-term stock market fluctuations, including the recent double-digit percentage plunge, are difficult to fully explain and even more difficult to predict. However, over time, equity markets tend to be driven…
-
•
After Liftoff, a Lull
With the recent market turmoil and the plunge in oil prices, as well as no meaningful evolution in economic conditions, the Fed’s decision today was not difficult to make. Lower oil prices and weak global economic growth would make the Fed more cautious about its tightening policy. The second interest rate increase in March has…
-
•
Permanent Tax Cuts Pack a Bigger Punch
Congress recently renewed several tax breaks for households and businesses, which the president signed as part of the year-end budget deal. Whereas previous renewals generally expired after one year, Congress made many of the tax “extenders” it renewed in December permanent. This can be helpful. When it comes to tax cuts, how long the cut…
-
•
PayScale, Money Magazine Feature AIER Study
Our report, “New Careers for Older Workers,” continues to gather attention, this time in a PayScale piece that was picked up by Money last week.
-
•
January Market Turbulence: A Historical Perspective
Through Thursday, the S&P 500 Index was down about 8.6 percent during the month so far. To put this in perspective, the worst January in S&P 500 history was 2009. In January 2009, the market fell 8.6 percent. We’re on pace for a January stock market loss as bad as we’ve ever seen. What lessons…
-
•
Amid Turmoil, Long-term Consumer Prices Follow a Familiar Trend
Fascinating as the free fall in the stock prices might be, stock prices are not directly relevant to consumers. The Consumer Price Index, released on Wednesday, sheds light on the prices that households experienced in December 2015. Most goods were cheaper, while services were more expensive. Consumers were paying more for services than for goods,…
-
•
How to Watch the Economy This Week
After an anxious week of lackluster economic data and a plunging stock market, the week ahead promises to shed more light on the trajectory of an economy that has been on a path of slow growth.