The Dow is On Track to Post Its Best June Since 1938

Over the weekend, Donald Trump tweeted about news that the stock market has seen its best June in decades. “Thank you Mr. President!” ended the note. Indeed, the S&P 500 has so far seen a 7.3% month-over-month jump as of June 21, the highest percentage gain over that time period since 1955. The Dow Jones […]

The Famous “Phillips Curve” to Predict Inflation Isn’t Working Like it Should

Cookies and milk. Keith and Nicole. Jay-Z and Beyonc?. There are certain relationships that just seem to last. In the world of economics, it’s unemployment and inflation. Way back in 1958, economist William Phillips made an interesting observation. It seemed as though when unemployment went down, inflation went up. The inverse relationship became known as […]