Tag Archives: Economic Outlook

Joel

Looming “Fiscal Cliff” Continues to Fuel Economic Uncertainty

One month, the numbers tell us that economic conditions are softening, the next month we discover the economy is on the rise.  It almost sounds like a political debate where the views of reality are so different it is hard  Continue Reading »

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Joel

Competing Forces Put the Economy in a Delicate Balance

The conventions are over but they didn’t clarify much.  President Obama argues that the economy is recovering and he is the best person to complete the job while Mr. Romney says he has the best plan to create jobs.  Exactly  Continue Reading »

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Joel

Roadblocks Continue to Stand in the Way of Economic Growth

The economy continues to expand and that it does is an amazing feat in itself.  OK, growth did slow in the spring but the pace was a bit faster than expected.  Whether conditions will stabilize or even improve or whether  Continue Reading »

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Joel

High Oil Prices or Not, the Economy Is Proceeding Full Speed Ahead!

In 2008 and in 2011, high oil prices led to consumers losing hope and cutting back spending.  While gasoline above $4.00 by itself did not crater the economy, it did play a major role in its slowdown.  At least for  Continue Reading »

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Joel

The Economy is Starting to Shift Gears, But Issues Remain

In my outlook for 2012, I ended by saying that “2012 should be quite a bit better than 2011.” Well, we are already seeing signs that the improvement is already under way. Job growth has picked up sharply, the unemployment  Continue Reading »

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Joel

Signs Point to Stronger Economy in 2012

What an amazing year. It started out positively as businesses were hiring again, confidence increased and growth seemed poised to change gears. But then gasoline prices broke the critical $4.00 a gallon level and consumers got worried. There was also  Continue Reading »

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Joel

Reports of the Economy’s Demise Appear Premature

After the bizarre August events, investors, commentators, politicians and not a few economists became convinced the economy was headed directly into a double-dip recession.  Well, the path from growth to decline is not as clear as many thought.  Job growth  Continue Reading »

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Joel

The Key to Economic Recovery? Overcoming Fear

Maybe fear is not the only thing we have to fear, but it is the key problem facing the economy. The drum beat of negative economic news is dominating the information networks:  The economy isn’t creating any new jobs.  Inflation  Continue Reading »

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Joel

U.S. Debt Downgraded – But Was That The Real Story?

What a month. Congress decided that it really did have to raise the debt ceiling, a rating agency decided there actually was some risk the U.S. could default on its debt, the government decided that the Great Recession was even  Continue Reading »

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Joel

2011 Economic Recovery: A Slow-Moving Roller Coaster?

So far this year the economy has been on quite the roller coaster ride.  After a slow start, the job market heated up and by April, conditions were looking a lot better.  But then gasoline prices surged and consumers began  Continue Reading »

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