by Michael Snyder Inflation and shortages are the two big stories for the U.S. economy this week. In recent days I have done multiple articles about inflation, and so today I
by confoundedinterest17 To quote Bob Dylan and Rick Danko, “This Wheel’s On Fire!” The Atlanta Fed’s GDPNow Q1 GDP forecast rose to 8.321% QoQ as of April 16. Of course, The Fed
Biden’s Department of Health and Human Services (HHS) is moving illegal alien children to different parts of the U.S., mirroring what Obama did during his time in the White House.
“There’s definitely a risk [that inflation will increase]. It’s not just the position of exporters. It’s everything, from the bottlenecks caused in global shipping to the idea that the stimulus
A Pennsylvania mom is organizing local communities to retake their school boards from teachers’ unions who have blocked kids from returning to school for over a year. Clarice Schillinger started the
twitter.com/hks55/status/1122320155101618176 twitter.com/hks55/status/1122325719890255872 Hello my dear followers and traders interested in #Elliott wave analysis of #SPX. Yes, I have a new wave count and I will continue having new ones as
by WARREN MOSLER Still heading south: In addition to tightening requirements, states have found other means to keep people from receiving benefits: Has the economy made it arder to get
by WARREN MOSLER Rolling over: Also rolling over, and inline with the drop in retail sales: U.S. auto sales are falling as vehicle prices climb, indicating that buyers at
Border Patrol says detention centers are full; Starts releasing migrants… The Border Patrol released 50 recently apprehended migrants here Tuesday, the first of several hundred border-crossers who officials say will
by WARREN MOSLER It will take another few months to know if this is just ‘noise’ or it’s about to go negative. If you average the last two months, for
by WARREN MOSLER The notion behind what is called “Modern Monetary Theory,” or MMT, is that as long as the Fed can keep interest rates low without sparking inflation, the
China real estate bubble could pop much faster than a normal bubble because most of the homes are completely vacant
After months of planning, Stockton is sending debit cards loaded with $500 to a select group of residents starting Friday as part of a closely watched experiment in universal basic income,
by Ron Paul Last week’s bipartisan Senate vote to rebuke President Trump for his decision to remove troops from Syria and Afghanistan unfortunately tells us a lot about what is wrong
Fitch Ratings: Global Bank Rating Out-looks More Negative Than In Mid-2018 t.co/xdYmpqRT3X — LiveSquawk (@LiveSquawk) January 29, 2019 Positive S&P500 price action despite fewer beats, more misses, UBS says: Proportion
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Since the Christmas Eve selloff-low, the S&P 500 has risen 13%, including a 5% jump on December 26. But last week, the rally petered out and