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The latest PCE inflation report confirmed exactly what I have warned. Inflation was never “transitory,” and the Federal Reserve has completely lost control of the narrative. The Fe...
Politicians continue insisting that mass migration carries no economic consequences. Anyone who questions the policy is immediately accused of being anti-immigrant. That has always...
WARREN, Ohio – Despite geopolitical conflicts, inflation concerns and market uncertainty, the U.S. economy remains resilient as consumer spending, business investment and a stable...
Europe is now openly admitting it faces a stagflation shock, but this crisis did not suddenly appear because of the Iran war. The war merely accelerated a collapse that was already...
Christopher Chidzik is the principal economist at AMT, the Association for Manufacturing Technology.
CEA Chair (Acting) Pierre Yared (NYT): … consumer prices would “go back down” once the war ended. That, he added, would relax pressure on families, who would see wages continue to...
April existing home sales in the U.S. came in at an annualized pace of just 4.02 million units, barely rising 0.2% from March and missing expectations yet again. We are now looking...
Consumer sentiment has fallen to the lowest level ever recorded since the University of Michigan began tracking the data in 1952. The index declined to 44.8 in May as Americans inc...
On Monday, in the wake of a disastrous jobs report released late last week, economic analyst and former Treasury official Steve Rattner noted that a … Source
A new model that incorporates more real world factors than standard approaches finds that tariffs can do more damage than previously thought.
A new Gallup poll shows that 55% of Americans now believe their financial situation is getting worse, the highest level recorded since Gallup began tracking the data in 2001. Even...
According to the latest IMF updated projections for economic growth, the United States is lapping the Europeans. All their talk about international rules-based blah blah blah and o...
by Edward Mermelstein, Chairman at Global NYCContinue reading on Medium »
When a superpower’s economy lags, hegemony becomes unsustainable. In June 1897, Great Britain, at the apex of empire, organized an elaborate pageant celebrating Queen Victoria’s 60...
The Richard J Murphy YouTube Channel DEBATE AMMUNITION Are We Still on for a Crash? The Real Risk Is in US Equity Markets Funding the Future Read the full article...
If there is one job that no Austrian Economist will take up at this juncture, it would be that of the Federal Reserve Chair. The road ahead seems to be set in stone, and in a socie...
NFP underwhelms and prior months revised downward, civilian employment and civilian employment adjusted to NFP concept moving downward. Figure 1: NFP employment (bold blue), civili...
An important test of economic policy is the ability of an economy to withstand a negative shock. This spring, the U.S. economy passed the test with honors. The post Breitbart Busin...
About a month ago, I began a series of posts that drew on my previous work to summarise my opinions on a range of economic Read the full article...
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