global economy

/Tag: global economy

3rd Quarter Economic Update | November 2018

By |2018-12-28T21:29:34+00:00November 15th, 2018|Categories: On Our Minds|Tags: , , , , , |

It can’t get a whole lot better in the U.S. job market (or can it?).  The employment situation continues blast through expectations.  The number of Americans losing their jobs and applying for unemployment benefits each week remained near a 49-year low in mid-October, suggesting no visible deterioration in the U.S. labor market. Initial jobless claims, on [...]

Negative Interest Rate Policy (NIRP) – The Great Experiment | 2017 Update

By |2017-09-19T20:22:06+00:00September 19th, 2017|Categories: On Our Minds|Tags: , , , |

Back in July 2016, I penned a blog that discussed the novel, and potentially dangerous, way several world economies tried to stimulate their nation’s economies by forcing negative interest rates. To date, seven foreign central banks have adopted negative interest rates to stimulate their national economies.  On the list are Japan, European Central Bank, Denmark, Sweden, [...]