by Lance Roberts Last week, John Coumarianos penned an interesting piece discussing the surge in home prices over the last few months. To wit: “The psychological factors are harder to assess. People aren’t flipping condos for sport the way they were …
By Michael Snyder If the U.S. economy continues to surge under President Trump, I may need to change the name of my website. In December 2009 I started “The Economic Collapse”, and it was quite an appropriate title at the time. …
https://www.youtube.com/watch?v=yZRXsS4iU0o China has lowered it’s corporate tax rate even lower than its already reduced level in direct reaction to President Trump’s move to cut the American tax rate and bring factories back to the US.
by Umar Farooq The official poverty measure was developed in U.S. in the 1960s in conjunction with President Lyndon Johnson’s War on Poverty. Each September the U.S. Census Bureau releases an update of the national poverty rate for the prior year. …
by John Rubino For a while there it looked like the US and its main trading partners had finally achieved escape velocity. Growth was up, inflation was poking through the Fed’s 2% target, and most measures of consumer sentiment were …
by Umar Farooq There is a talk at the FED about the unwinding of its grand monetary policy experiment. The knock-on effects of this experiment in the bond market could pose a threat to the U.S. housing recovery. A number …