The Blog at ​​​Wiegand Financial

How bad is $1 trillion of credit card debt?

Growth of US credit card debt lags behind that of GDP and personal income
US credit card debt is approaching a big milestone. But the real question is how much it has increased compared to other things. Read more
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How to get not-terrible gas prices

Perhaps it’s sad to get excited for three dollars a gallon... but hey, it’s better than five dollars a gallon. But will this downward trend continue? Read more
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Turns out inflation might be *your* fault

At the end of the day, businesses will keep raising prices if they think consumers will keep paying them. And so far, consumers are still paying. Read more
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Big-box retail and the bullwhip effect

Walmart's share price dropped drastically in after-hours trading on July 25, 2022.
Early this week, Walmart had one of its worst stock market days in decades. How did that happen? Read more
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A Macro Smackdown: The Fed vs Inflation

inflation is affected by factors like monetary supply, wealth distribution and productivity
Inflation is a very complex phenomenon, so it's hard to say if the Fed's recent rate increases will do the trick against it. Read more
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Is another housing crash on the way?

Home inventory has fallen well behind the rate of population growth over the last decade.
A drop in prices is definitely plausible - but that's hardly the same as a full-blown housing crash. Read more
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Let’s be honest: things are scary

In contrast to its gangbuster performance in 2021, the market in 2022 has left everyone rattled. What's going on, and what can you do about it? Read more
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Is a “New World Order” on the way?

According to Ray Dalio, our recent spike in spending and inflation could mean big changes ahead
A look at Ray Dalio's forecast of a "new world order," and what it could mean for us today. Read more
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Stagflation: when everything goes wrong all at once

stagflation refers to an economic condition of concurrent inflation and recession
A mashup of “stagnation” and “inflation,” stagflation occurs when inflation accompanies a recession – the worst of both worlds. Read more
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Who’s afraid of the Big Bad Fed?

Last week the Bureau of Labor Statistics released the inflation numbers for January 2022. At an eye-popping 7.5% (annualized), last month’s inflation rate is the highest in 40 years. Ouch.

So now everyone’s talking even more about the prospect Read more

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