Insights | Blog
Looming UAW Strike
As we inch closer to a pending strike of 150,000 UAW workers at GM, Ford, and Stellantis, Connor Burke dives deeper into the economic ripple effects this work stoppage may bring.
Largest Fed Rate Hike in 16 Years
Following a streak of 10 rate hikes, with the most recent quarter-point hike marking the largest in 16 years, the Fed has alluded to a pause in interest rates. Spencer Wineman explains how this signal from the Fed comes after… Continue Reading
Alarming Credit Card Data Threatens US Economy
Consumption spending accounts for about 70% of the U.S. economy. And while consumption spending is good for the economy, rising credit card debt balances are not. The average credit card debt carried by the U.S. consumer increased 13% over the… Continue Reading
Consumer Confidence is Misleading
The consumer confidence index is an index that measures the sentiments of U.S. consumers toward jobs and the economy. In September, this index rose, in part, from falling gas prices. The rise in the consumer confidence index suggests that consumers… Continue Reading
Forefront Friday – Don’t Skip The Intership
Hi, I’m Matt Gutowsky. I will be graduating ahead of my class this upcoming Fall from Michigan State University with a specialty in Finance and a minor in Insurance and Risk Management. Today was my final day serving as a… Continue Reading
Forefront Friday – Housing Market
The latest reports indicate that the U.S. housing market is starting to cool off as record prices and rising mortgage rates continue to deter what would be potential buyers. In June, the median sales price of an existing home climbed… Continue Reading
Forefront Friday – Summer Energy Blackouts
In the Wallstreet Journal this weekend, the National American Electric Reliability Corp (NERC) warned 2/3s of the US could experience blackouts this summer saying “The forced transition to green energy is distorting energy markets and destabilizing the grid.” Droughts, combined… Continue Reading
U.S. Inflation Continuing to Rise
U.S. inflation increased to 8.5% in March from its previous level over the past twelve months, which is the highest it has been in four decades. The rise in prices was primarily driven by increases in energy and food costs,… Continue Reading