Easy Econ

Unemployment falls to 42-year low

        The 1970’s was a time of radical change for the United States.   In 1973, U.S. troops were withdrawn from Vietnam. The World Trade Center was finished, becoming the tallest building in New York City.   Secretariat won the Triple Crown and Nixon stood on trial for the Watergate Scandal.   The…

McLovin’

    When determining which stocks to invest in, there are several commodities and companies that are safe bets. However, one company that most people overlook when choosing stock is McDonald’s. Some refuse to invest in the company because their views are not aligned with the company’s actions (This is not surprising once you find…

The problem with raising the minimum wage

  A minimum wage in the United States was established in 1938 at $0.25 per hour. When adjusted for inflation, this would be $4.23. The minimum wage now has increased substantially to $7.25. In California, the plan is to raise the minimum wage to $15 by the year 2022. The has been talk of doing…

How to navigate the stock market

    When trying to determine how the overall health of the stock market, it is important to look at the right indicators. Certain stocks are very influential on the market, and others are not so important.   Many people fear a stock market crash, but don’t follow the market to have any way of…

Is the U.S. headed for a bear market?

After a poor economic start to the beginning of the year, many U.S. economists are speculating that stocks will crash within the first half of the year, and the country will spiral into a recession.   This surprises me greatly because the end of 2015 seemed to forecast success with no end in sight. It…

Why now is the best time to study abroad

    There has been a lot of talk lately in the news about interest rates, fiscal and monetary policy in the United States. The FOMC will be increasing the Federal Funds Rate this year.   The new year has ushered in new waves of legislation that are arguably good or bad, depending on who…

Are we ready for an interest rate hike?

  As many of you may know, the Federal Open Trade Committee made a landmark decision to raise interest rates back in December.   For the last eight years, the United States has seen nearly nonexistent interest rates, and therefore inflation.   However, now the FOMC plans to raise interest rates to about 5.5 percent…