Economic Green Shoots Appearing; Trump Moves to Water Them Via Regulatory Relief
Green shoots are appearing as the economy is starting to rebound from the COVID-19 shutdown. ...
Economic Commentary
Consumer, Producer Prices Plunge in April
The average American household is holding its breath, financially speaking, not spending money until they feel it's safe to do so. ...
Consumer Prices in March Fall by the Most in Five Years
Though the Consumer Price Index shows prices dropping now, mainly because of the low price of gasoline, the growth in the money supply is explosive, portending higher and then much higher...
Government’s Coronavirus Stimulus Program Will Massively Increase National Debt
The coronavirus stimulus programs will massively increase the national debt, and the Keynesian economists in Washington don’t see any problem with that. ...
What Will the Economic Recovery Look Like?
The U.S. economy was pushed off a cliff. It's going to take awhile for it to climb back up. ...
March Car Sales Down 36 Percent; Prepare for the worst
There is simply no way to sugar-coat the numbers coming this week and next: They will be awful, ugly, frightening, “unprecedented,” “unparalleled,” and historical. ...
Trump: Ending Shutdown on Easter Sunday To Be a “Beautiful Thing”; Pushback Immediate
President Trump said that he would love to announce the end of the economic shutdown in time for Easter Sunday. ...
In One Month, Wall Street Has Taken Back All of Trump’s Gains
On January 19, 2017, the day before President Trump was inaugurated, the Dow closed at $19,804. On February 12, 2020 the Dow closed at $29,551. One month later, on March 18,...
Federally Subsidized Smartphones Contain Chinese Spyware
Smartphones being given by the federal government to low-income people have Chinese spyware installed, spyware that can’t be removed and that gives agents of Beijing considerable control over those subsidized phones....
Rise in Consumer Sentiment Bodes Well for Trump’s Reelection
Consumer sentiment in October beat forecasters expectations and sets the stage for Trump's reelection next year. ...
Strong Jobs Report Quashes Recession Fears
Friday’s jobs report from the Bureau of Labor Statistics confirmed that the U.S. economy remains strong and robust, employing record numbers of Americans and paying them more than ever. ...
Don’t Listen to Establishment Economists on September Jobs Numbers
Commentary from establishment economists such as Moody’s Mark Zandi may be safely ignored by those seeking an accurate picture of the U.S. economy: steady, performing at a high level, and likely...
Million-dollar Homes in Aspen Aren’t Selling. Recession Ahead?
The claim that since million-dollar homes in Aspen are taking up to three years to sell means that a recession is coming is ludicrous. Looking at where the rest of us...
Trump Wants a Weaker Dollar. Is That a Good Thing?
A weaker dollar could awaken bond investors from their decades-long slumber. They would be forced to conclude that the U.S. government is not the AAA-rated credit risk they think it is....
Kudlow, Wall Street, and Economy Calling for Interest-rate Cut
The Fed is now hinting that it might reverse its recent interest-rate hike. ...