Before I continue with the remainder of the Economics for Beginners sequence, I think it’s essential that I take some time to elucidate what Economics actually is, since there appears to be a great deal of confusion each right here on HubPages, and on the Internet basically.

In truth, outside of the oil patch, the economic system grew an anemic 0.3 p.c within the first quarter. And with OPEC dropping control of the energy markets amid a persistent world oversupply and stepped up U.S. shale exercise, crude oil has slid back beneath the $50-a-barrel threshold. As a result, the second quarter is unlikely to enjoy the identical elevate.

No surprise that the 10-12 months Treasury yield dropped to 2.15 {2cf304be0761793b393d98bf145f880db6a34cd1b12baf3b34e7bbc256a3fb71} and is down 0.5 p.c from the publish-election peak. This is the bond market saying loud and clear that each inflation and GDP development are set to sluggish. You have … Read more