What’s Happening With The Economy Today?
We have seen a boom in the traditional equities over these past ten years and interest rates slowly rose but are still at relative lows. Banks are supposedly stronger, and liquidity is also present in the financial system today. Unemployment is at historic lows and inflation, according to the Federal Reserve, is not really there. So, what’s happening with the economy today? While everything seems to be high on the surface, we do see signs of weakness and issues in the economy. For instance, unemployment is low, but the Federal Reserve of the United States hesitates to raise interest rates.…