Simmons Insights

Artificial intelligence is sweeping industries at warp speed with developments that could make our current business modus operandi look as archaic as the floppy disk, and in very short order. The use of resources to power such a future will be immense. Given the increasing demand, what will be the fuel that thrusts this technology into the future?

In the U.S., inflation has broken beneath the 3% barrier for the first time in four years, posting an increase of 2.5% in August. Over the last two years, the Federal Reserve has been on a quest...

Taxpayers only have this year and next year to take advantage of the lower tax rates enacted by the Tax Cuts and Jobs Act of 2017 (TCJA). On December 31, 2025, barring an act of Congress, the...

The start of the roaring 1920’s was an age of prosperity in the United States. For the first time ever more people lived in cities than in rural communities. Radios connected people across the...

After the S&P 500 posted a 19% loss in 2022, economists forecast a recession just over the horizon. Yet, the S&P 500 soared 19% during the first seven months of 2023, peaking in July, before...

Twelve months ago, economic forecasters were calling for a recession due to the rapid and dramatic increase in interest rates. Yet, the consumer remains strong. Unemployment is holding steady at...

Perhaps the best way to write an article on artificial intelligence is to have an algorithm write it for me. I told ChatGPT to write me a paragraph about AI. This is what it returned within two...

During the first four months of 2023, the S&P 500 added an impressive $2.2 trillion in market value. This equates to a gain of about 9.2%, slightly more than half of the 18% it lost in all of...

One lesson learned from the COVID-19 pandemic is that decades of outsourcing and globalization has left the U.S. dependent on foreign manufacturing. Amid growing political tensions in 2022, the...

The decline in financial markets this year has impacted the portfolios of millions of Americans, and perhaps dampened plans for retirement. Below is a brief recap of the optimism with which 2022...

Republicans have gained the required seats to take the House, ending the Democrat trifecta and setting the stage for a divided government for the next two years. Are Republicans or Democrats...

Americans are feeling the effects of soaring inflation not seen in forty years. Inflation, as measured by the Consumer Price Index, has surged this year, hitting a high of 9.1% in June and posting...