Why a V-shaped Economic Recovery is Fantasy, not Reality
The International Monetary Fund forecasts a V-shaped recovery of the global economy after the COVID shutdown. It predicts 5.8% world GDP growth in 2021, following […]
Market News
COVID, Narrowing Black-White Unemployment but Widening Deaths
COVID-19 is a strange bedfellow. When it comes to black to white unemployment, it is narrowing the gap. But when it comes to black-white death, […]
Small Business is Key to a Vigorous Recovery
Everyday there are stories about the unfairness small businesses encounter in pursuing access to COVID-19 economic rescue dollars. Under the guise of supporting small businesses, […]
GDP declines 4.8% while US COVID Strategy is a Hope, not a Plan
The Bureau of Economic Analysis just released the initial estimate of economic activity for the first quarter of 2020. The gross domestic product or GDP […]
Economic Situation after COVID: 100 Black Men of America Webinar
Comments presented to the 100 Black Men of America Economic Empowerment Town Hall Webinar. By economist Dr. Danny Boston, 4/23/20. First, I trust everyone is […]
May 2020 Unemployment Outlook is Gloomy for Economy and Blacks
The country will be fortunate if it can escape having 15% unemployment and 20% Black unemployment when the Labor Department releases the Jobs Report on […]
Growing Uncertainty Drives Stock Market Pullback!
The Dow lost 8% of its value over the last two sessions. Analysts are scrambling for an explanation. Some say it’s because the S&P fell […]
To Close the Employment Gap We Must Develop Minority Firms of All Sizes
The 2014 Census Bureau’s Annual Survey of Employers (ASE) provides valuable insights on the progress of minority-owned employer-based companies. It showed that minorities owned 18.4% […]
Like It or Not, we are in a New Stock Market Bubble
A common sign of a bubble is when investors sit around the table and brag about their huge returns, without being able to explain why, […]
Economy Is Progressing Nicely – along a Financial Tight Rope
General Overview The economy is improving nicely, even though it is walking a financial tight rope. The length of the current economic recovery defies historical […]