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COVID Vaccination Situation and Impact
January 19, 2021
Most of America, and much of the world, let out acollective sigh of relief as the promise of a vaccinebefore the end of 2020 became reality. What would have been impossible only a year or two agobecame a scientific, governmental and medical triumph.While maintaining safety protocols, the red tape wasremoved, massive funding was made available… View Article
Oil Price Sustainability
December 28, 2020
Some of the world’s biggest oil producers have differentbreak-even points in order to profit off of a barrel of oil.The difference between the price for Saudi Arabia andRussia is dramatic. This difference has caused the twocountries to approach the sale of oil very differently. Russia needs to earn a much higher price per barrelcompared to… View Article
Housing Market Soars During Pandemic
November 30, 2020
Nobody could be faulted for believing that everything has come to a screeching halt during the coronavirus pandemic. After all, the unemployment rate skyrocketed afterhitting a historic low in February. Many segments of the economy have been all but put out of business.The cruise lines saw business drop to nearly nothing.The airlines have only been… View Article
U.S. Unemployment Dips Below Peak of the Great Recession
November 2, 2020
In October of 1929, nervous investors began unloadingover-valued stocks and the stock market crashed. OnOctober 24 of that year, 12.9 million shares were traded.That day became known as “Black Thursday.” Five days later, on a day known in history as “BlackTuesday,” another 16 million shares were traded. Shareshad become worthless and those who bought on… View Article
Fed Announces Historic Change in Monetary Policy
October 19, 2020
The U.S. economy is dependent on the efforts of theFederal Reserve to stimulate the economy throughmonetary policy. Like the central banks in other countries,the efforts of the Fed to maintain key interest rates andemployment are necessary throughout economic cycles. In recent decades, through several “crisis” periods, theFed has responded to adverse events in the economyto… View Article
Apple Reaches $2 Trillion
September 22, 2020
Started in a garage in 1976 by Steve Jobs, RonaldWayne and Steve Wozniak, the predecessor of today’sApple was focused on bringing computing to theaverage consumer in a size that was reasonable. The new company was incorporated as AppleComputer, Inc. in 1977. The company went publicin 1980 and realized immediate success. The originalMacintosh computer started shipping… View Article