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Economics

Consumer Sentiment Not Indicative of Consumer Spending

Consumer sentiment remained elevated for the second consecutive month but remains worse than in December 2024, according to the University of Michigan’s Surveys...

Why US GDP Rose 3% Q2 2025

Data from the Commerce Department shows that the US gross domestic product rose 3% in Q2 on a seasonally inflation-adjusted basis. The figure may have surpassed...

US Inflation Rises in June

Core inflation’s mild “only” 2.9% annualized rise is not cause for relief. Government agencies, central banks, and regulators all react to data. The Fed,...

Will Mass Deporation Harm US GDP?

The Federal Reserve Bank of Dallas believes that mass deportation efforts will negatively impact US GDP. Projections speculate that GDP could decline by nearly a...

June Minutes Report Decoded

The Minutes Report by the Federal Reserve indicates that the central bank is unlikely to cut rates at the next Federal Open Market Committee meeting on July 29-30....

Inflationary Pressures Began After 2015 – Tariffs are a Distraction

The Federal Reserve’s Survey of Consumer Expectations foresees inflation returning to “pre-tariff” levels. As I have mentioned, the rising costs were a mere...

PRIVATE BLOG – Trump’s Big Beautiful Bill

PRIVATE BLOG – Trump’s Big Beautiful Bill Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

Dollar – Debt- War & Crypto

Bloomberg and the other Fake News outlets that hate Trump and want more EQUALITY, following the very same philosophies as Stalin imposed in Russia. All we hear is...

Powell Blames Trump Tariffs for Coming Inflation

I repeatedly warned that the headlines would blame Trump tariffs for the incoming inflationary wave. Jerome Powell stated that “uncertainty is unusually...

May CPI – Vance Angered by Powell

The consumer price index rose by 0.1% in May, bringing the annual rate of inflation to 2.4%. Excluding food and energy, the core CPI came in respectively at 0.1%...