article thumbnail

What Are the Best & Worst-Case Tariff Scenarios?

The Big Picture

The US remains the global economic, military, and political leader. Later in the year, encouraged by improving CPI data and minimal economic disruption, the FOMC resumes its rate-cutting regime. As the Economist magazine observed, this is the biggest economic self-error in a century, it leads to an international realignment.

Economics 318
article thumbnail

Surprise! California’s 40 Qs of Rising Minimum Wage & Fast Food Industry Growth (Beating USA)

The Big Picture

They ignored seasonality; they they mixed the match data from completely different series; they cherry, picked starting and stopped dates for their analysis that bore no relationship to the underlying economic trends. The $20 hourly wage floor represents an increase of $4 per hour from the statewide minimum wage of $16 in California.”

Food 306
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Biggest Ideas in “How NOT to Invest”

The Big Picture

This is as true for professionals as it is for amateurs; it’s also true in music, film, sports, television, and economic and market forecasting. What does the endless stream of news, social media, TikToks, Tweets, magazines, and television do to our ability to make good decisions? Why are we constantly prodded to take action now!

Investing 317
article thumbnail

Eight Must Reads for the CRE Industry Today (Sept. 7, 2022)

Wealth Management

Urban Land Magazine looks at how the current economic environment is affecting multifamily investors. “Laptop landlords” are increasingly looking at Raleigh, N.C., reports Axios. These are among today’s must reads from around the commercial real estate industry.

Economics 272
article thumbnail

Housing Discussion with Fortune's Lance Lambert

Calculated Risk

Here is an excellent summary article by Katie McKellar at desert.com: The most ‘underreported’ factor influencing housing market, according to Calculated Risk Bill McBride, author of the economics blog Calculated Risk, said there’s a key reason why both rent and home price growth is slowing amid the U.S. housing correction playing out today.

Economics 264
article thumbnail

RIA Edge Podcast: Schwab’s Jalina Kerr on How Resilient RIAs Can Turn Market Volatility Into Growth

Wealth Management

David Armstrong , Executive Director, Content and User Engagement at WealthManagement.com June 10, 2025 Economic uncertainty, heightened volatility and on-again, off-again trade policies are challenging for investors. In 2016, AZ Business Magazine recognized Kerr as one of Arizona’s Most Influential Women.

article thumbnail

10 Friday AM Reads

The Big Picture

Blame History for Making Recession Calls So Hard : The National Bureau of Economic Research has been putting dates on downturns since 1929 — well before there was such a thing as gross domestic product ( Bloomberg ) see also Does This Look Like a Recession To You? . Quanta Magazine ). citizens.

License 289