New Inflation Developments Are Rattling Markets and Economists: NYT

New Inflation Developments Are Rattling Markets and Economists: NYT

t is becoming more likely “that it won’t be possible to wring inflation out of...

US Industrial Production Unexpectedly Dropped In August

This is the 3rd monthly drop in 4 months as utilities fell 2.3% in August...

Philly Fed Business Outlook Plunges -10% In September As Fed Tightens Rates

On a related note, the share of total net worth held by the bottom 50%...

The Fed Is Wrong To Make Policies Based Upon the Phillips Curve

n his Jackson Hole speech, Jerome Powell declared that the Fed must continue to raise...

Redfin Predicts Sharpest Turn in Housing Market Since 2008 Crash

This is the sharpest turn in the housing market since the housing market crash in...

‘The Economy Is Braking Hard’ and CEO Confidence Is Miserable

The economy is on the brink of a serious downturn if the Fed doesn’t pump...

Non-Seasonally-Adjusted Initial Jobless Claims Crash To 53-Year-Lows

When even Obama’s former top economist warns that the unemployment picture will turn hellish as...

US National Debt Nears $31T: What It Means and Why It’s a Concern

With “persistently rising” debt, investors could lose confidence in the federal government’s ability to pay...

Fed Interest Rate Hikes Poised To Make the US National Debt Even More Expensive

Interest payments on the national debt are already projected to be the fastest-growing part of...

Some Things Never Change: US Government Runs Another Big Deficit in August

Some things never change — such as the federal government spending more money than it...

Stock Futures Waver Ahead of Economic Data

U.S. stock futures struggled for direction Thursday morning ahead of several economic releases....

Ray Dalio Does the Math: Rates at 4.5% Would Sink Stocks by 20%

Ray Dalio came out with a gloomy prediction for stocks and the economy after a...

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