If we really have the strongest economy ever, especially if manufacturing is supposedly the engine leading the train, why did the June Richmond Fed Manufacturing Index not only miss exceptions, but tumble to its lowest level in over six years?
Jul 23, 2019
The Democrats Will Win in 2020
Donald Trump won the White House in 2016 by calling out the vast economic problems phony government statists covered up. His solution was less government and tax cuts. The Democrats will win in 2020 with the same message, but a different solution; more government and free stuff!
Jul 15, 2019
Bitcoin, Silver and Gold
Ironically those correctly worried about the failure of our fiat monetary system, who make the mistake of buying Bitcoin, will lose more purchasing power by the time the system fails than those not worried at all who do nothing. If only they were buying gold and silver instead!
Jul 8, 2019
Signs Of A Weak U.S. Economy
If the U.S. Economy is really the strongest in history, why is the service sector growing at its slowest pace in 2 years, factory orders near a 3-year low, and small business employment collapsing at its fastest pace in over 9 years?
Markets: Gold, U.S. Dollar
Gold and the U.S. Dollar are over-reacting to June's jobs number that can easily be revised lower.
The economy is slowing and job losses are typically the caboose not the engine of the recession train. The Federal Reserve will cut interest rates, it will not prevent recession, but it will boost inflation!
Jun 17, 2019
U.S. Economy Keeps Reflecting Weakness
The so-called strongest economy ever keeps setting records that reflect weakness. In addition to records in government spending and borrowing, the June Empire State Manufacturing Index just dropped by a record 26 points to -8.6, its 1st negative reading since Trump was elected.
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