The Fear is Overblown

July 10, 2020 There is no question that the virus is spreading more rapidly as the U.S. economy continues to re-open.  But we believe that the press is overstating the problem.  Meanwhile, every economic indicator released in the past two months has been far higher...

The Recession is Over

June 19, 2020 The National Bureau of Economic Research has already indicated that the record breaking, 128-month expansion ended in February.  This means that the economy entered a recession in March, continued in recession in April, but returned to growth mode in...