Producers, Not Consumers, Are the Engine of Economic Growth
• Discern ReportThe same can be said for the economy at large because what drives an economy is not demand but rather the production of goods and services.
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The same can be said for the economy at large because what drives an economy is not demand but rather the production of goods and services.
A rise in bankruptcy filings points to increasing bankruptcies, loan charge-off rates and delinquencies, suggesting credit spreads are not reflective of the underlying credit backdrop.
California Reparations Task Force calls for elimination of child support debt for black residents because nation's laws have torn African American families apart
Every country should pay its sovereign debt. Default, we are told, is not an option.
What exactly is happening to the U.S. dollar?
...boosting stocks. Ballooning debt will force the Federal Reserve to bring back quantitative easing, Michael Howell wrote.
Estimates of United States growth have improved but remain massively below the Federal Reserve projections.
We either make the future or break the future, so choose wisely. There is a make-or-break financial fork in the road ahead for the United States: there are only three options:
The U.S. dollar could someday go the way of all paper-currencies past and be consumed in a hyperinflationary fire.
The managed money, which is basically hedge funds, have gone net-short silver and the swaps have gone net-long silver (in the futures market).
The Great Depression Was One Of The Most Traumatic Events In American History
Since the end of the fake debt ceiling fight on June 2, the Treasury has borrowed an additional $700 billion pushing the national debt over $32 trillion. Looking at the interest rates on this new debt, it becomes clear that the US government has a bi
A lot of the economic data this month looks strong. But when you dig a little deeper, you find that this "strength" is an illusion.
...wouldn't be inflationary
The national debt recently blew past $32 trillion.
Despite so much evidence to the contrary, the Biden administration continues to insist that the U.S. economy is on the right track. But is that really true?
Grocers have pushed private-label brands over national names, keeping prices low and giving retailers more profit
Reaction to Russian turmoil could have been larger, given country's role as key crude and diesel supplier
Amid an ugly slew of manufacturing survey data - from national PMI/ISM to regional Feds - it should be no surprise that analysts expected US Durable Goods Orders to drop 0.9% MoM in May.
Having bounced (unexpectedly) in March (the most recent data), Case-Shiller's 20-City Composite home price index was expected to continue bouncing in April (+0.4% MoM exp) and it did bigly - rising 0.91% MoM - the biggest MoM jump since May 2022...
Walgreens Slashes Earnings Guidance, Blames "Cautious Consumers," Shares Plunge To Decade Low
New home sales have been dramatically outperforming existing- and pending-home sales as unprecedentedly low inventories send buyers into the arms of incentivizing homebuilders.
After filing for bankruptcy protection, electric truck startup Lordstown Motors Corp. shares crashed Tuesday morning in premarket trading in New York.
Everyone wants to make a difference in this world, in one way or another, but many times in America those ways and means get twisted, warped, abused and misused, by the most powerful organizations in the world – corporations that run Big Food, Big
The higher interest rate environment has weighed on merger and acquisition activity in recent quarters.
There are a large number of people waiting for a full-spectrum, apocalyptic crash of the Western system. What I maintain is that it won't happen. And I hope to convince you that I'm right.
What would you do to be completely debt-free?
Home affordability is so out of reach right now that two out of five Americans think they'd need to win the lottery to become homeowners.
Lack of rainfall across the American Midwest is taking the blame for corn, soy and wheat inflation.
Existing home sales unexpectedly rose in May (+0.2% MoM vs -0.7% MoM) with a small upward revision for April's tumble (from -3.4% MoM to -3.2%). That is only the second positive month for existing home sales since Jan '22...