economics


Trump Effect? US Leading Economic Indicators Positive For First Time Since Feb 2022

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With November’s gain, the LEI no longer signals an impending recession...


So, What Country Wants To Be Like Germany Now?

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The collapse of Germany shocks many. But ... this was inevitable for over a decade...


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Just weeks before President Trump’s inauguration, California Governor Gavin Newsom (D) is declaring a State of Emergency in response to the bird flu

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Biden Lied About Everything: Philly Fed Finds All Jobs "Created" In Q2 Were Fake

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In retrospect, it will turn out that the only thing the BIden administration "created" was lies.


Key Events This Week: This Is The Way 2024 Ends, With A Central Bank Bang

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A whirlwind of events, we get the Fed, the BoJ and BoE meetings, as well as US retail sales, global PMIs and inflation prints.


"Dire Situation" - Chinese Bond Yields Hit Record Low On Retail Sales "Big Disappointment"

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“The Japanification of China bonds may be inevitable at some point...”


Moody's Cuts France In Surprise Downgrade Amid Mounting Political Chaos

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“There is now very low probability that the next government will sustainably reduce the size of fiscal deficits beyond next year.”


Bill Ackman: Here's Why I'm 'Very Bullish On America'

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"I would say everyone is incredibly enthusiastic..."


Which Countries Are Putting Tariffs On China's Tech?

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Tariffs have gained renewed focus ahead of President-elect Donald Trump’s second term, and his pro-tariff agenda. The Biden administration hasn’t shied away from trade measures against China either...


Chicago Mayor Proposes 11 Tax- And Fee-Hikes As Part Of 2025 Budget

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...$233.9 million in tax hikes including rideshare prices and streaming services. It has already passed a key committee in the city council...


Government Spending Shock: US Budget Deficit Soars In Worst Start To Year On Record

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Sorry Elon, there is no stopping this train...


Germany Is An Economic Model For What Not To Do

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...self-appointed “saviors of the world” believed that if Germany led the way, others would soon follow.. But it would now seem that Germany has become more of an anti-role model than a role model...


There Is No Right To A Minimum Wage

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Arguments for minimum wages rest on economic fallacies...


CPI Preview: Only A Red-Hot Print Will Stop The Fed From Cutting

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"The December FOMC may well end up determining how equities end up finishing the year. Tomorrow’s CPI is the last major data point ahead that flows into that."


Trump's Tariffs Could Spark Supply Chain Disruptions, Experts Say

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New import tariffs on Canada, Mexico and China could come into force Jan. 20...


Household Expectations For Improving Financial Conditions Surge To Five Year High After Trump Election

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The latest NY Consumer survey found prevailing financial optimism thanks to Trump's election, even as inflation expectations rose modestly higher.


The Average Age Of Cars Keeps Rising But People Can't Afford Maintenance

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The good news is cars last longer, assuming you take care of them. But eventually, maintenance gets expensive.


Paul Krugman Rides Into The Sunset

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25 years too late, if one wishes to be honest...


In "Last Hurrah", Credit Card Debt Explodes Higher Despite Record High APRs As Savings Rate Craters

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Everyone is bracing for the moment when the US economy suddenly grinds to a halt and collapses under the weight of its own debt.


Which Jobs Will Be Most Impacted By Trump's Mass Deportation Of Illegal Aliens

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Illegal aliens account for about 4.4% of the US workforce, but the share is much higher in some industries: 20% in landscaping and private household services, 17% in crop production, 15% in food processing manufacturing, and 13% in construction.


Make France Governable Again

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While Trump continues to assemble his team to Make America Great Again, Emmanuel Macron is now faced with the difficult task of finding a new PM to make France governable again