US Rates Will Turn Negative

US Rates Will Turn Negative

Earlier today, when discussing the impending inevitability of negative rates in the US according to BMO rates strategists, we said that the question is not if but “when.” Now, according to at least one intrepid trader, the answer is that in just over three...
The Four Pillars Of Economic Understanding

The Four Pillars Of Economic Understanding

It is no exaggeration to say that learning economics changed my life. In fact, I would go as far as saying the two most pivotal moments of my young adulthood was meeting my future wife at 17 and being exposed to economics at 19.  Not only pivotal, but...
IMF Chief Warns Global Economy Faces New “Great Depression”

IMF Chief Warns Global Economy Faces New “Great Depression”

How’s this for some New Years optimism? The new head of the IMF, who took over from Christine Lagarde in November, warned that the global economy could soon find itself mired in a great depression. During a speech at the Peterson Institute, IMF Chairwoman...
Average US Family Can’t Afford A Home In 71% Of The Country

Average US Family Can’t Afford A Home In 71% Of The Country

More Americans are getting priced out of purchasing homes than ever, as soaring prices continue to outpace wages, according to a new report. ATTOM Data Solutions’ Q4 2019 US Home Affordability Report says the average wage earner can’t purchase a...