The U.S. Economy.
Have we reached a boiling point?
Are we heading into a recession? Did we ever really come out of the last one? Do market fundamentals matter anymore? How did Democrats miss so badly on the economy, leading to the re-election of Donald Trump? Is capitalism collapsing? It’s difficult to get a proper read of the U.S. economy. It’s a giant, complex juggernaut that both relies on global markets and holds them all together. There is no unifying economic or political theory to provide clarity as the biggest economy in world history continues to navigate uncharted territory. Let’s talk about it.
Show Notes
Resources
- St. Louis Fed: Labor Force Participation Rate
- St. Louis Fed: Labor Force Participation Rate - 25-54 Yrs.
- Investopedia: Average Retirement Savings by Age: How Do You Compare?
- Trading Economics: United States ISM Manufacturing PMI
- Federal Reserve Bank Of New York: Household Debt and Credit Report
- Education Data: Student Loan Debt Statistics [2024]: Average + Total Debt
- Guru Focus: S&P 500 PE Ratio Charts, Data
- Oil Price: OPEC+ May Be Facing Long-Term Production Cuts
- Center for American Progress: Project 2025’s Tax Plan Would Raise Taxes on the Middle Class and Cut Taxes for the Wealthy
Book Love
- John Kenneth Galbraith: The Affluent Society
UNFTR Quick Links