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...
Economic Commentary
Federally Subsidized Smartphones Contain Chinese Spyware
Smartphones being given by the federal government to low-income people have Chinese spyware installed,...
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...
Strong Jobs Report Quashes Recession Fears
Friday’s jobs report from the Bureau of Labor Statistics confirmed that the U.S. economy...
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...
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...
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...
Kudlow, Wall Street, and Economy Calling for Interest-rate Cut
The Fed is now hinting that it might reverse its recent interest-rate hike. ...
Economy Surprises to the Upside: 224,000 New Jobs in June; 335,000 Re-enter the Workforce
This economy has legs. It's now into its 11th year of expansion, the longest...
U.S. Economy Settling in for the Long Haul, Say Two Reports
The U.S. economy remains the envy of the world. Two reports confirm it. ...
Former Fed Chair Yellen Doesn’t Appreciate Trump’s Criticism of the Nation’s Central Bank
Former Fed chair Janet Yellen seized an opportunity to declare that Trump’s criticism of...
CBO: National Debt to Nearly Double by 2029
The United States is going to have to print lots of money to pay...
“Modern Monetary Theory” Will Pay for AOC’s Green New Deal
Modern Monetary Theory — governments can just print money to spend as much as...
GOP-controlled House Added Nearly $8 Trillion to National Debt
The Republican-controlled House of Representatives oversaw a nearly $8 trillion increase in the national...
U.S. Government Ran $100 Billion Deficit in October
The Treasury reported total government receipts of $253 billion for the month of October,...