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Tag Archives: economy
Federal Reserve to Release Policy Announcement Tomorrow
The Federal Reserve Open Markets Committee (FOMC) meets for two days this week. Tomorrow afternoon they will release their policy announcement. Recall in the past, a 2 day meeting has yielded some type of easing policy. We believe more stimulus … Continue reading
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Tagged Ben Bernanke, economy, Fed, Federal Reserve, GDP, interest rates, Jon Giordani, Planning Solutions Group, stimulus
US Debt Ceiling Debate: Don’t Fail to See the Forest Through the Trees
The debate over the debt ceiling level has reached deafening levels. We think there are more important issues to focus on. Plain and simple, this debate is political grandstanding. We feel the U.S. debt ceiling will be raised even if … Continue reading
What Does Growth in Unemployment Mean for the Economy?
Employment numbers today are nothing short of terrible. After adding 200,000+ jobs the past three months, only 54,000 jobs were added in May versus earlier estimates of over 160,000. Unemployment rose to 9.1 from 9.0%. This is the fewest jobs added in … Continue reading