With President Trump and many people around him being treated for COVID, it is clear that COVID can and does touch everyone. Even if you are not infected, you are experiencing a new economy and a new world. COVID changes have been challenging. Many of the changes we are experiencing will stay with us for years, I think. Some are unexpected and will have long-term impacts to our society and economy. Here are some predictions of economic and financial changes that will stay, even after we have achieved victory or control over COVID.
#2020, #colleges, #covid-19, #FederalReserve, #insights, #masstransit, #predictions, #realestate, #transit, #tuition, #workfromhome, #zoom, ACT, Amazon, Chairman Powell, Chicago, corporate real estate, covid, COVID predictions, DC, Deflation, delivery, Economic Sciences, economics, featured, GMAT, GRE, Illinois, Leadership, Millennials, post COVID predictions, President Trump, residential real estate, Retail, Risk, SAT, Seattle, Trump, universities, Walmart, WFH, work from home
2020 will be the year we relate to our children and grandchildren, when we discuss overcoming challenges and difficulty. When students looks back, they will remember the online classes and to move to virtual everything. In passing, we will remember more of the good than the bad, as is the case with almost all reflection. […]
#careeradvice, #collegeadvice, #covid-19, #fosterschool, #greatestgeneration, #investment, #Life #Live, #Optimism, #Professor #russellwalker, #sacrifice, #school, #UW, College, featured, Leadership, MBA, Seattle, University
By now, you have probably heard that the yield curve has got flatten and will likely invert in 2019. What does this mean? Specifically, economists and investors look at the yield of the 10 year treasury note and subtract that rate from that of the 2 year treasury note. Rationally, investors want higher rates for […]
As the end of 2018 soon closes, all eyes are turning to the prospects for economic growth in 2019. As seemingly always, growth comes from the US housing market or results in reinvestment in the US housing market. In either case, we see growth in or through the US housing market. People make more and […]
2019 growth, case-shiller index, Cost of Living, economic growth, economics, economoy, featured, Florida, home prices, housing, interest rates, jobs, Midwest, migration, mortgages, New York Real Estate, population growth, prices, real esate prices, San Jose, state taxes, Tax deductions, Tax Reform, West, Zillow
The wave of Spanglish has hit advertisers in recent years. Dos Equis invites its customers to “Keep it Interesante,” while taco fans at Taco Bell “Live Más.” Home Depot and other retailers have adopted a near bilingual policy in stores. Smart move! Hispanic culture is alive an well in the US, and it is an […]
Chile, Christopher Columbus, Columbis, Costa Rica, Cuba, District of Columbia, El Salvaror Guatemala, Espanol, featured, Florida, Hispanic Heritage, Hispanic Heritage month, Hispanics, Home Depot, Honduras, Interesante, Latinos, Latins, LBJ, Lyndon Johnson, Mexico, Nicaragua, Spain, Spanish Speaking, Taco Bell, US Census
Companies often grapple with the challenges of respecting customer privacy. Although most firms do not seek to cause or do harm, data breaches, inadvertent misuse of data, and unauthorized publishing of data seem to ultimately happen. Data on a social media site, on a shopping site, or from your gym membership may seem sensitive. But, […]
Just this week, we heard the good news that median household income grew by 1.8% to $61,372, a new post-recession high. Still, some 39.4 million Americans live in poverty, and that number improved. Unemployment has gone down, and the equity markets are banging on all-time highs. Still, a few things are not working. Not everyone […]
2020 census, Case-Shiller, congressional seats, Economic Sciences, Economy, electoral congress, featured, Florida, GDP, Growth, housing prices, income, Median Income, migration, personal income, Real Estate, Texas
By most conventional measures of the US economy, we are enjoying broad prosperity in the US. Unemployment is down, equity markets are up. However, salary growth is lagging for many. Analysis by the Pew Research Center shows that average real wages are essentially flat over the last 50 years. It shows that prosperity has not reached the middle class and, well, never did.
2020 census, average wages, Cas-Shiller, census, Chicago, congressional seats, DC, Economy, electoral college, featured, Florida, Growth, high speed rail, housing prices, Illinois, income, income tax, local economies, median household income, Miami, middle class, migration, Milwaukee, north, real income, Richmond, south, state taxes, Tampa, taxes, Texas, Trump, us census bureau, wages, Washington, Washington DC, wealth
The Super Bowl is a great opportunity for advertisers to reach a large customer base. We have grown accustomed to seeing many entertaining, emotional, funny, and even inspiring advertisements during the Super Bowl. All, of course, in the name of them convincing us to buy their products. Perhaps no industry has seized on the Super […]
alchohol, alcohol consumption, Anheuser Busch, Asian, Beer, brand maangement, Branding, Bud Light, Dilly Dilly, featured, Gen X, GEN Y, Generations, Hispanic, Latin, Marketing, Millennials, Spirits, Wine
The economists and central bankers of the US Federal Reserve have a perplexing challenge. The US economy has picked up in terms of GDP growth, but inflation is below the Goldilocks target of 2%. How could economic models be wrong? What, if anything, has changed? It has spurred a serious discussion that suggests that US economy operates differently now. I think the answer is obvious – DEFLATION! We have deflation, just not in an absolute form. We have deflation in the economy like you might have bugs in your house. They are not everywhere, just in places. Overall, the house is mostly clean, but there are some bugs.
Automation, Baby boomers, Bots, Brexit, Canada, China, Congress, Deflation, Demographics, Digitization, economic growth, economics, featured, GDP, GDP growth, houshold income, Inflation, interest rates, Irving Fisher, lower taxes, Mexico, Millennials, Milton Friedman, Population, real income, Taxation, taxes, Trade, Unemployment, USA trade, yellen