Economics Archives

Best Places to Invest in Real Estate: Factors to Consider

Where are the best places to invest in real estate? How does a neighborhood’s class affect property value? There are a few things to consider when choosing a rental property’s location. The Book on Rental Property Investing by Brandon Turner claims that a neighborhood’s socioeconomic features, educational options, and accessibility are important features to consider. To figure out where you should buy your first investment property, keep reading.

The Problem With America’s Huge Cars: Car Bloat Explained

What is car bloat? Why do Americans tend to prefer huge cars? What are the negative consequences? Car bloat—a trend toward ever-larger vehicles—is taking over US roads, and it shows no signs of slowing. The trend of Americans buying bigger, heavier vehicles is amping up car prices and damaging the environment, public health, and roads. Let’s take a look at what led to car bloat and why it’s a problem.

10 of the Best Michael Lewis Books to Add to Your Shelf

What are the best Michael Lewis books to read? What does Lewis typically write about in his best-selling books? Known for his investigative nonfiction work on important events in financial history, Michael Lewis is the critically acclaimed author of multiple books. Lewis has even expanded beyond financial work by exploring inspirational figures and how they rose to success. Keep reading for the top 10 Michael Lewis books to get your hands on.

13 Books on Stock Trading Every Investor Should Read

Are you interested in buying and selling stocks? What are essential must-have books on stock trading? Stock trading involves buying and selling shares in various companies. To avoid potential risks, stock traders need to have a certain level of understanding of the financial market so they don’t end up losing money. We’ve compiled a list of the best books on stock trading to help you get started.

Fitch’s Credit Rating for the US Went Down—What It Means

What is a government credit rating? What does Fitch’s credit rating mean for the United States? Fitch Ratings, one of the major financial institutions that assign credit ratings to national governments, recently lowered the United States’ credit rating from AAA to AA+. In principle, the lower rating could make it harder for both the US government and US corporations to raise money. Here’s a background on sovereign credit ratings and the impact of the lowered rating.

Why Does Poverty Exist? The 5 Biggest Causes

Why does poverty exist? What geological and political factors increase people’s chances of living in poverty? For many people, once they live in poverty, it’s hard to escape it. While others might blame them for their position in society, there are external factors that prevent people from becoming financially stable. Let’s look at the five reasons why poverty exists, and why it’s not easy to solve.

Is the United States Housing Market Improving in 2023?

What’s happened to the housing market in recent years? What do experts predict for it in the remainder of 2023? How can homebuyers and sellers make the most of market conditions in the months ahead? The United States housing market is on the road to recovery after being disrupted by the Covid-19 pandemic and the collapse of Silicon Valley Bank. Experts predict that over the remainder of 2023, home price growth will slow, inventory will remain low, and demand for homes will stay high. Continue reading for an overview of the current housing market.

Liar’s Poker: Book Overview (Michael Lewis)

What is Liar’s Poker by Michael Lewis about? How did the Salomon Brothers fall from grace on Wall Street? The cynical view of the financial world says that Wall Street is run by a special breed of traders who exploit investors’ collective fear and greed to enrich themselves. In Liar’s Poker, Michael Lewis backs up this opinion with a first-hand account of the pursuit of ill-gotten riches at the Salomon Brothers investment firm during the 1980s. Read below for a brief Liar’s Poker book overview.

Wall Street in the 1980s: Bond Market & Salomon Brothers

What was Wall Street like in the 1980s? How did the Salomon Brothers make their fortune during this time? In the 1980s, Wall Street managed to recover from the high unemployment and inflation rates from the previous decade. This led to the rise of the bond market that the Salomon Brothers investment firm took advantage of. Let’s look at how the Salomon Brothers successfully navigated the bond market during this time.

Michael Lewis & Salomon Brothers: A Firsthand Account

How does Michael Lewis know so much about the Salomon Brothers? What did Lewis witness while working at the firm? In Liar’s Poker by Michael Lewis, the Salomon Brothers are written about extensively with firsthand knowledge. Fresh out of college in the mid-1980s, Lewis joined the Salomon team, was trained in their philosophy of investing, and then became part of its culture. Get the inside scoop on what it was like working at Salomon Brothers in the 1980s.