Buzz on Business

From Solar Panels to Soybeans: The True Impact of U.S. Tariffs 

William Walsh
Tariffs, and protectionism more broadly, are always promoted as advancing the interests of US companies and US jobs. These are stated as axiomatic, as...

Why Tariffs and Price Controls Are Economic Pitfalls: A Financial Animal's Perspective

William Walsh
Last week, we spent some time on this podcast looking at and disagreeing with Vice President Kamala Harris’ economic plan, specifically, her plan to...

The Economics of Price Controls and Subsidies: A Proven Recipe for Higher Costs

William Walsh
If you place a ceiling on the price of a good or service, below the clearing price, you get a shortage of that good or service. A shortage results in ...

 The Buzz on Business: Jerome Powell's Key Economic Warnings

William Walsh
The Buzz on Business for July 16th, 2024 In one of the best political-slash-economic presentations we have ever seen, Federal Reserve Board Chairman J...

We Blame Salesforce! The Financial Animal Gets it Wrong. Again!

William Walsh
While we didn’t come right out and say it, we implied and indeed believed, that if yesterday’s Core PCE came in, even one tick, below expectations...

From Rugrat to Big-Shot Lawyer: A Father-Son Story and the Dow at 40,000

William Walsh
The Dow Jones Industrial Average closed above 40,000 for the first time ever on Friday. Quite the milestone and quite a tribute to American business a...

Is Stagflation Lurking? The Buzz on Business Examines Friday's Jobs Report

William Walsh
Friday’s employment report came in well below expectations. We’ll get into the details in just a minute but the stock and bond markets celebrated ...

Bullish Reversal After Fed Meeting: Stocks Surge Higher

William Walsh
Given the small but not insignificant policy change from the Federal Reserve Open Market Committee at the conclusion of their meeting on Wednesday and...

Bullish Reversal After Fed Meeting: Stocks Surge Higher

William Walsh
Given the small but not insignificant policy change from the Federal Reserve Open Market Committee at the conclusion of their meeting on Wednesday and...

S&P 500 and NASDAQ Hit New Highs, but Labor Market Report on Tap

William Walsh
A new all-time high for the Standard and Poor's 500 index. A new all-time high for the NASDAQ Composite. But volume was down, and the labor market rep...

Market Searching for Direction: But No News This Week

William Walsh
On Monday, stocks were down, not a whole lot, but it was a down day. Interestingly, the semiconductors were up. Yesterday, stocks were up, not a whole...

Market Jitters After Powell Speech, But Earnings Season Could Spark Rally

William Walsh
Like the rock star he is, Federal Reserve Chairman Jerome Powell went on 60 Minutes on Sunday night and put the kibosh on the possibility of a rate cu...

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