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Sunday links: when ideas combine

Abnormal Returns

msn.com) Policy Nicholas Bagley, "We need a government that can build, whether it’s wind farms or websites." msn.com) Cutting IRS funding reliably reduces overall tax revenue. papers.ssrn.com) Economy The world is the most equal it has been in a century. foreignaffairs.com) The economic schedule for the coming week.

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More Labor Strife Is Coming to the US Economy

Advisor Perspectives

Workers lose wages, shareholders lose profits, governments lose tax revenue. All these effects can have an adverse impact on economic growth, employment and inflation. Labor strikes aren’t cheap. Equipment sits idle. Supply chains get gummed up.

Economy 52
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Is the U.S. Economy in a Recession

James Hendries

economy was in a recession, up from 53% in June and 48% in May.1 1 Yet many economic indicators, notably employment, remain strong. The NBER defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.” Business Cycle Dating.

Economy 52
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Weekly Economic Insight – February 27, 2023

Cornerstone Financial Advisory

FOMC Says Inflation Is Still Too High Presented by Cornerstone Financial Advisory, LLC Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. However, members diverged on the economy, with some members finding the risk of recession elevated.

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10 Wednesday AM Reads

The Big Picture

But the government-orchestrated deal has angered many investors. CIO ) see also Job Listings Abound, but Many Are Fake : In an uncertain economy, companies post ads for jobs they might not really be trying to fill. But the government-orchestrated deal has angered many investors. A Wealth of Common Sense ) • What is a Bailout?

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The National Debt Ceiling and How it Could Affect You

Integrity Financial Planning

The national debt ceiling is the amount of money that the United States Government is allowed to borrow to pay for its expenses. These expenses include things like Social Security and Medicare benefits, tax refunds, military salaries, and interest payments on outstanding debt the nation may have. 3] A recession could occur.

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Weekly Market Insights – February 26, 2024

Cornerstone Financial Advisory

Stocks Rally To Record Highs Stocks traded in a fairly tight range for the first half of the short week, yawning at the lack of economic data while awaiting earnings results from one key company that creates chips that power the artificial intelligence operations of many firms. 3,4 This Week: Key Economic Data Monday: New Home Sales.