Debt Explodes Under Alternative Scenarios

Debt Explodes Under Alternative Scenarios

The Congressional Budget Office’s (CBO) new ten-year budget projections estimate that debt will reach a...

Sound Money Legislation Rapidly Gaining Traction in Many US States

As the US Federal Government and Federal Reserve head ever more into the abyss of...

Pending Home Sales Disappoints In April As Mortgage Rates Top 7.00%

Existing home sales slumped in April while new home sales soared (thanks to heavy incentives...

Chile Central Bank Tightens Credit Conditions, Citing Higher Global Risk

Chile’s central bank raised capital requirements on financial institutions, tightening credit conditions amid concern over...

Trader Bets on June Fed Rate Hike Mount Despite Debt-Limit Paralysis

Bond traders stepped up wagers on an interest-rate increase by the Federal Reserve by July...

Singapore Dollar at Record High Versus Ringgit on China Worries

The Singaporean dollar surged to the strongest level on record against the Malaysian ringgit, with...

Bank of Japan’s Ueda Warns of Policy Risks as Prices and Wages Rise

“The risk of getting [our inflation forecast] wrong is not zero,” Ueda said in his...

Biden Administration Paying Americans Thousands of Dollars to Upgrade Their Homes

On Aug. 16, President Joe Biden signed the Inflation Reduction Act into law, directing billions...

Chief Economist Thinks a Recession Is Coming. It Could Be a Long One: Barron's

Torsten Sløk, chief economist at Apollo Global Management, sees a hard economic landing fueled by...

The Fed Isn’t Done Breaking Things: FT

You can imagine how this ends badly. Inflation stays stubborn but the financial system is...

Initial Jobless Claims Rise After Massachusetts Fraud Revisions

Initial jobless claims ‘confused’ last week, printing 229k (well below the 245k exp and the...

Q1 GDP Revised Higher As Core PCE Comes In Hotter Than Expected

In the second estimate of Q1 GDP, the BLS reported a that the US economy...

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