Economy Archive
Quantitative Easing: 2008 vs. 2020
Since the Great Recession, Quantitative Easing has become an increasingly popular term amongst investors. However, very few investors actually understand what Quantitative Easing, or QE, actually is. Here at ROT, we believe understanding QE is critical to growing your...
Grow Your Wealth By Understanding Inflation
One of the open secrets to growing your wealth is understanding inflation. Yet, most people don't really understand it. We know that things were much cheaper a few decades ago, but we don't always grasp how it erodes our purchasing power over time. Let's Define...
The COVID19 US Economic Recovery Continues
The economic recovery is continuing to show solid progress since the COVID19 pandemic started. Let's take a look at the latest improvements and economic news! Unemployment Improves This past Friday, the Bureau of Labor Statistics reported the...
Consumer Confidence Falls as Stimulus Stalls
Consumer Confidence Falls Before the pandemic, consumer confidence hit its highest levels since early 2000. With the onset of the pandemic and recession, consumer confidence dipped immediately and then started rising again through June. However, with the...
How Do We Pay Back All This Debt After The Pandemic?
Printing money has an eventual consequence: The US is the most powerful nation in the world and the USD is the most powerful currency in the world today. Thus, we’ve been able to print money endlessly recently with minimal short term consequences. However, our...
Housing During The Pandemic
Economy IS THE PANDEMIC REALLY CHANGING THE WAY WE BUY HOMES? We keep hearing this - the pandemic is shifting home buying from urban to suburban centers. This is (mostly) not true! Zillow recently released a report that shows the housing market has been improving in...
Economic Data During COVID19 Makes Our Heads Spin
Economy STR8 UP FACTS: Those of us that read finance news regularly were slammed with doom and gloom headlines suggesting that US GDP plunged by 33% in the 2nd quarter. That is scary, but don't listen to the headlines. The real decline in Q2 2020 is 9.5%. That's...