The Fed may create policy, but it is ultimately dictated by the markets. Powell came out and reaffirmed the central bank’s fears of a hiring slowdown. Soon, the...
The condition of America’s workforce remains undetermined, as the Bureau of Labor Statistics is currently not operational. The non-farm payrolls report will be...
QUESTION: The Economist said that Britain is not in a recession and everything is fantastic, because Labour is in power. Socrates showed high volatility in UK GDP...
US GDP grew at a 3.8% annualized pace in Q2, surpassing estimates of 3.3%, leading the press to cheer a strong and robust economy. By design, the GDP calculation...
The Federal Reserve should operate independently of Washington. It does not. Stephan Miran was appointed to the Federal Reserve Board of Governors by Donald Trump....
The Federal Open Market Committee voted to lower rates by 25 bps at the September meeting, citing “that downside risks to employment have risen.” I reported in...
QUESTION: I asked GOK who thinks the stock market will crash. It gave a list of people all expecting a crash. It also noted that Buffet was bearish and J.P. Morgan...
The U.S. economy did post a headline-grabbing 3.3% gain in Q2, but that figure is misleading. It’s driven largely by the collapse in imports—not by true...
PRIVATE BLOG – UK & France in Need of IMF Bailouts – Here We Go Private blog posts are exclusively available to Socrates subscribers. To sign-up for...
QUESTION: Your model has projected a recession into 2028. ZeroHedge publishes “If everything is going to be just fine, why are thousands of stores closing all...
