Fed Chair Jerome Powell said he expects inflation to be “transitory,” a word reminiscent of America’s situation three years ago when the Fed repeatedly urged...
PRIVATE BLOG – MAGA version of the Shell Game Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...
Jerome Powell kept rates unchanged as our computer was projecting. However, he did weigh in on the state of the US economy, pointing out that Donald Trump’s...
COMMENT: Marty, it looks like Trump is aware of the ECM. The markets crashed right on cue with Socrates, and he refused to rule out a recession. What is most...
QUESTION: The criticism of your Economic Confidence Model has been that it oversimplifies complex economies, ignoring variables like policy changes or technological...
The insanity over the U.S. inflation data illustrates just how braindead analysis has become. The price of eggs grabbed a lot of headlines – up 15%. But supply...
COMMENT: You support Trump. He had no power to create some new DOGE entity. This is undermining the government. You claim to know the law. Tell the truth. This is...
Another aspect of Trump’s tariffs that he and his advisers fail to understand is clearly related to his concepts of how the world economy functions, which...
Medical insurance and pharmaceutical companies are predatory. The number one cause of bankruptcy in the United States is health care. This is a growing concern as...
Total global debt has peaked to 326% of global GDP, adding an additional $12 trillion of debt in the last three quarters of 2024, according to the Institute of...
