Could the US Economy Experience a Second Roaring ’20s?

TL/DR - Economists indicate the possibility of a new Roaring '20s era, bolstered by structural shifts in aggregate supply and demand, low debt burdens, and real wage growth. This new era would require a positive supply shock and could be driven by four megatrends: a capital spending boom in the US, a transition to green energy, a focus on…

Judge Denies Trump’s Request to Postpone May Trial in Classified Docs Case

TL/DR - A US federal judge declined Donald Trump's request to delay the trial start date in May regarding a special counsel's classified document case. Though Judge Aileen Cannon did not grant the delay, she left open the possibility of pushing the trial date back during the March 1 scheduling conference. The judge had previously paused pre-trial…

City of Saline’s Insightful Townhall on Water Plant Developments

TL/DR - The City of Saline is hosting a town hall meeting on November 14 to discuss ongoing projects at the water treatment plant and anticipated improvements to the water system. The meeting, which will be hosted by City Manager O’Toole and several other officials, will also address the functioning of the water system and future projects to…

US Bond Market Faces Uncertainty | Barry Eichengreen

TL/DR - The last two years have seen a rapid decline in US Treasury bonds, making 2022 the worst year for bond investors since 1788, with prices set to fall again in 2023. However, with the interest rates on 10-year Treasuries now close to 5%, more than triple the levels of two years ago, many investors are returning to the market in anticipation…