Is the era of cheap money over?

Interest rates are up. Stocks — especially glamour stocks, like Tesla — are down. And the crypto crash has been truly epic. What’s going on? Well, many people I read have been offering an overarching narrative that runs something like this: For the past 10 or maybe even 20 years, […]

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Black Unemployment 94% Higher Than White

The Bureau of Labor Statistics released THE EMPLOYMENT SITUATION — MAY 2022. The key statistic was the economy added 390,000 jobs and unemployment was steady at 3.6% compared to the April numbers. The figures were considered modest compared to months since the recovery from the COVID-19 pandemic battered the economy. […]

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