Personal Finance

For the fifth month on a row, US industrial production contracted in December reflecting a number of challenges including trade tensions, dollar strength and a general slowdown in global production.

History has amply demonstrated that economic forecasting is a fool’s errand. With that admonition in mind, here are a few predictions for 2020.

In terms of direct impact on every American, no Fed leader stood taller (literally and figuratively) than Paul Volcker, who died last week at age 92. His passing should be noted especially by the generation that followed for whom “inflation” is a foreign concept.

Some readers may be old enough to recall a devastating period of energy shortages beginning in the 1970s and 1980s, as US supplies fell behind

It’s that time again; Black Friday is over, Cyber Monday is past, only 20 more “biggest online sale days ever” before Christmas. But attention to

For the past two weeks we have been looking at economic cycles and typical policy responses. But the characteristics of cycles have evolved over time, as have the responses to countercyclical intervention. This suggests a good news-bad news scenario: lower economic volatility, but reduced impact of government responses.