The Blog at Wiegand Financial
How bad is $1 trillion of credit card debt?
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
Read More
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
Read More
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
Read More
Big-box retail and the bullwhip effect
Early this week, Walmart had one of its worst stock market days in decades. How did that happen? Read more
Read More
A Macro Smackdown: The Fed vs Inflation
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
Read More
Is another housing crash on the way?
A drop in prices is definitely plausible - but that's hardly the same as a full-blown housing crash. Read more
Read More
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
Read More
Is a “New World Order” on the way?
A look at Ray Dalio's forecast of a "new world order," and what it could mean for us today. Read more
Read More
Stagflation: when everything goes wrong all at once
A mashup of “stagnation” and “inflation,” stagflation occurs when inflation accompanies a recession – the worst of both worlds. Read more
Read More
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