Michael Carr

Jul 2, 2015
Yes, someone will always have more than the average person but the average American is far better off than the average citizen in any other country.

Jul 1, 2015
Economists using data to forecast economic growth might want to focus some attention on the White House instead. Based on the pursuit of fairness rather than data, the Obama Administration decided 5 million workers deserve a raise.

Jun 28, 2015
There are many ways to measure inflation and there are problems with all of them. While there will never be a perfect inflation gauge, a broad-based look at commodities is probably the best available measure of inflation.

Jun 26, 2015
Greece and Detroit have much in common. Both have honored places in history. Among other notable achievements, Greece was the birthplace of democracy and Detroit was the birthplace of the mass-produced automobile.

Jun 19, 2015
We often forget that markets move in one of three different directions. We usually think of markets as moving in up or down trends. But prices can also move sideways.

Jun 17, 2015
Bubbles are frequently spotted in financial markets but in reality they rarely occur.

Jun 12, 2015
Unemployment data is probably the most widely followed economic news. Every month, traders react to news about changes in the unemployment rate.

Jun 10, 2015
Based on the fundamentals, the current stock market is overvalued. Short-term technical indicators say a decline is likely to begin soon. Now is likely not the best time to be buying stocks.

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