As a Matter of INTEREST, Talk of Inflation Fear, the Fed’s Perfect Unwind, Concern about Wages is ALL Economic Denial

by David Haggith The Federal Reserve is now hacking its own zombie recovery to death and eating it by reversing the actions it employed to create this artificially supported recovery. Each time the Fed unwinds its balance sheet, 10-year bond rates … Read more

Retail Sales, Inflation Add Fuel to Fed’s Rate-Hike Trajectory, Treasuries Dive as Yields Surge

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But something funny happened on the way to the headlines. In describing the retail-sales data released today, words like “slumps” and “declines” kept cropping up in the headlines. This referred to the seasonally adjusted month-over-month data, … Read more

Feds Run Surplus in 1st Month of Trump Tax Cut… Americans Expect Biggest Pay Jump in Years

Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January (CNSNews.com) – The federal government this January ran a surplus while collecting record total tax revenues for that month of the year, according to the Monthly Treasury Statement released today. … Read more