Sep 27, 2024 | Economy
It’s been 16 years since the last major economic downturn – the banking crisis that started in 2007 and was in full impact mode from 2008 through 2010. During that period, the U.S. economy shed over 8.7 million jobs, and the unemployment rate peaked at 10% in...
Mar 14, 2024 | Economy
As we embark on the new year, there’s been a renewed interest in a potential black swan event on the horizon. Historically speaking, the term gets its derivation from a Latin expression; its oldest known occurrence is from the 2nd-century Roman poet Juvenal’s...
Feb 8, 2024 | Economy
Opinions on the economy seem to be like the weather report – somewhat correct and somewhat missing the mark. What is true is that bankruptcies are up and there is more risk in the economy than we have seen in the past several years. CRF was fortunate to have Ryo...