Nine of the 12 Federal Reserve districts reported a decline in economic activity in August, up five districts from the July Beige Book report. Our system has warned...
QUESTION: Mr. Armstrong, Socrates correctly picked March as the Directional Change, and it looks like there will be a sharp decline into June. Are you expecting a...
Let me explain about labor statistics. Back in the ’90s, one staff member was in charge of verifying all government statistics worldwide. That project...
They will never learn. Federal Reserve Chairman Jerome Powell apologized for calling inflation “transitory” when all data pointed to it rising. The White House...
Governments have a way with words. Namely, they can change the definition of a word at the stroke of a pen. The definition of “vaccine” changed under the...
The Federal Open Market Committee plans to taper its asset purchasing program by $30 billion per month. Starting in January, the central bank will begin buying $60...
