Economic Commentary
Trump Touts Deregulation; Economy’s Rebound Shows it
In his stump speech on Thurday the president had a lot to celebrate. ...
Stock Market Rallies Despite Negative News
The small-cap Nasdaq 100 Index has rallied more than 43 percent since its low set on March 23. The S&P 500 Index has...
Read moreEconomic 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. ...
Read moreConsumer, 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. ...
Read moreConsumer 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...
Read moreGovernment’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. ...
Read moreWhat 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. ...
Read moreMarch 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...
Read moreTrump: 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. ...
Read moreIn 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...
Read moreFederally 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...
Read moreRise 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. ...
Read moreStrong 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...
Read moreDon’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:...
Read moreMillion-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...
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