Often referred to as simply “GDP,” Gross Domestic Product is the market value of all the goods and services produced by a country in a given year. It includes all the expenditures of citizens, investors and government, and the value of all exports less imports, in a year.
What to Know About Greece’s Potential Eurozone Exit (or “Grexit”)Is anything more gripping right now than wondering how close Germany will let Greece get to the precipice before a crisis is averted at the last second?Greece’s six-year recession came to a quiet end at the start of 2014. Since then, its recovery has been anemic.. Read More
Don’t be fooled by what you hear from the mainstream media and the politicians. The U.S. economy continues to struggle. In fact, looking at the economic data closely, it suggests we are headed for an outright slowdown.U.S. Economy to Be Fine Without Consumer Spending?Consumer spending makes up two-thirds of U.S. gross domestic product. Read More
The possibility of capital controls coming to the U.S. is not as much of a stretch as you may think. Consider the precedents and don’t be caught off guard.Capital controls are any measure taken by a government authority that limits the flow of foreign capital into and out of the domestic economy. In its ugliest forms, capital controls. Read More
Don’t buy into the false optimism. While the mainstream media and economists are convinced there’s prosperity, I am concerned the U.S. economy will enter a recession in late 2015 or early 2016.The simple fact is that consumer spending is the biggest factor driving the U.S. economy, and it is presently experiencing its own recession.. Read More
There are issues brewing in the stock market with interest rates fears and the strengthening greenback that could drive the S&P 500 lower by five percent or more.When Will the Fed Increase Interest Rates?First, we have the fears surrounding rising interest rates after the strong improvement in the unemployment rate to a pre-recession. Read More