If every voter were an economist (ghastly thought), elections would be easy to forecast. The performance of the economy would reliably predict consumer sentiment, which in turn would predict approval ratings for the incumbent president, which in turn would predict the outcome of the election in the Electoral College. It …
Read More »How Is the Economy for Black Voters? A Complex Question Takes Center Stage.
The 2024 election could be won or lost on the strength of the Black vote, which could in turn be won or lost based on the strength of the American economy. So it is no surprise that candidates are paying a lot of attention — and lip service — to …
Read More »Wall St. Profits Surge Despite Questions About the Economy
What corporate earnings say about the economy Earnings season is underway, with Wall Street giants flying out of the gate this on Friday. JPMorgan Chase, Wells Fargo and BlackRock have each reported results that soundly beat analysts estimates, lifting shares in premarket trading. Quarterly financial reports in general should deliver …
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