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By Kevin Chambers

Anyone else think of the 1982 song “Should I Stay or Should I Go” by the Clash? Although the traditional American Dream is to own a home, sometimes it makes more financial sense to keep your landlord and stay in a rental. But how do you know?

It's that time again.

By Kevin Chambers

Recently the financial news has been dominated by Elon Musk and Tesla. One of Musk’s biggest gripes about his company is the number of investors who are shorting it. Tesla is the most shorted stock in the history of the US Stock Exchange. So, I thought it would be a good time to remind all of us what a short sale is and how it works.

By Kevin Chambers

In Part One of Why Economists Hate Tariffs, we explained how the economic theory of comparative advantage skews an economist's opinion of tariffs simply because tariffs make international trade more expensive for all countries. Today, let's explore why economists believe that tariffs have a larger impact on international trade in today's global economy.

By Kevin Chambers

The University of Chicago Booth School of Business is regarded as one of the most prestigious business institutions in the country. About once a month they send a statement to around 50 of our country’s leading economist. Topics range from statements about Bitcoin, employment, taxes, refugees, to even considering paying NCAA athletes. Often the distributions are pretty spread. For example, in December they asked the economist’s opinion on the following statement: “Right now the US economy is operating at below maximum sustainable employment.”

By Kevin Chambers

One of the big news items this week was the announcement that General Electric, one of America’s most famous companies, was being taken out of the Dow Jones Industrial Average. Although this made a lot of headlines, it doesn't really matter. And here is why.

The Dow Jones is one

By Kevin Chambers

The BLS announced earlier this month that the unemployment rate in the US dropped to 3.9%. This is the lowest rate since the Clinton administration. One would think that

By Kevin Chambers

At your local bank, there are many different types of accounts you can open: checking, savings, CDs, or money market. In your brokerage account, for example at Fidelity Investment, cash is invested in a money market fund. While each of these types of accounts have advantages and disadvantages, let’s look at

By Kevin Chambers

President Trump just signed into law a new 25% tariff on steel and 10% on aluminum. This has spurred a number of media stories warning of a coming trade war. We thought this would be an opportune time to understand what a trade war is and give a few historical examples.

What is a Trade War?

By Kevin Chambers