The Smith Anglin Blog

Author: Chris Lott

It’s hard to get nostalgic about the 1970s. We remember what we wore, how we had our hair done up and the stupor-inducing sitcoms we considered appointment TV. And we also remember the way the economy was going. The 1970s’ economy wasn’t bad per se, but it was a disappointment – a ‘’bummer” if you […]

It’s hard to gauge the point at which you’ve entered a recession – two consecutive quarters of negative economic growth. It’s much easier, though, to figure out when you’ve hit a bear market because a financial bear market occurs when the stock market, usually defined as the S&P 500 index, falls 20% from its peak. […]

The good news – and there’s plenty of it – is that the economy is doing very well. The U.S. economy just notched its 121st consecutive month of expansion. That is, it has been more than a decade since America experienced two consecutive quarters of negative gross domestic product (GDP), which is what defines a […]