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Armstrong Economics 101

Retail Sales Falling in the US – a Softer Tone

Retail sales in the US fell short of expectations this month, according to data compiled by the Commerce Department. Retail spending decreased 0.6% from April to...

Powell Pessimistic After Q1

Powell reiterated this week that he does not see any short-term need to lower interest rates. The Fed remains delicate in its speech to the public. They knew that...

American Households Hold Record Debt Q1 2024

The New York Federal Reserve reported that American households set a new record after plummeting into $17.69 trillion of debt, a 1.1% ($184 billion) increase from...

PRIVATE BLOG – May 7th Continues

PRIVATE BLOG – May 7th Continues Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please...

PRIVATE BLOG – The May 7th Turning Point Review

PRIVATE BLOG – The May 7th Turning Point Review Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

PRIVATE BLOG – Moving into May 7th

PRIVATE BLOG – Moving into May 7th Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please...

Jerome Powell on Stagflation

“I don’t see the ‘stag’ or the ‘-flation’,” Fed Chairman Jerome Powell said during his Wednesday address. Powell believed inflation would be...

PRIVATE BLOG – The May 7th ECM Target

PRIVATE BLOG – The May 7th ECM Target Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please...

The President Overtaking the Federal Reserve – BAD IDEA

I do not agree with Donald Trump’s view of the Federal Reserve. I speak on behalf of sound economic policies that benefit the people. I do not blindly support a...