Will Rising Mortgage Rates Cool Hot Housing Market?

The housing market is hot. It has been surging since the beginning of the pandemic. The Federal Reserve cut interest rates to historic lows and began purchasing bonds and mortgage securities in an extraordinary effort to boost the economy. As a result, mortgage rates fell to historic lows and stayed there until very recently. Now,…… Continue reading Will Rising Mortgage Rates Cool Hot Housing Market?

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Politicians Can’t Do Much About High Oil Prices

The price of oil is surging, and so is the debate over what is causing the fastest runup in recent memory. As we approach the midterm elections, candidates and the broader media will continue to discuss gas prices and inflation. What has caused the surge in oil prices, and can policymakers do anything about it?…… Continue reading Politicians Can’t Do Much About High Oil Prices

Inflation Rates Are Rising: What You Need to Know

Inflation seems to be all the rage today with traditional and financial media, and for a good reason. Globally, inflation rates have increased significantly over 2021. Inflation rates are running higher for consumers than in over a generation, and that has many people asking: How does inflation work? Should I be concerned about inflation? What…… Continue reading Inflation Rates Are Rising: What You Need to Know

OK Boomer: How the Economy Was Ruined for Millennials

Avocado Toast Is Under-appreciated Boomers have been on the backs of us millennials ever since we entered the workforce. Millennials are called coddled, lazy, entitled, “The Boomerang Generation,” and “The Peter Pan Generation.” Some of this is true. Still, it is most unfair, especially as many previous generations have exhibited similar same traits. However, millennials…… Continue reading OK Boomer: How the Economy Was Ruined for Millennials

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