Election 2020

REMEMBER, JUST LAST WEEK “ECONOMISTS” & PUNDITS WERE ACTUALLY TELLING US THAT RECESSION "WASN’T A FOREGONE CONCLUSION"

If sentiment is the leading indicator and if unemployment is set to soar to 14%, we are about to have a monster recession on out hands.

Powell was asked if the war in Ukraine is the primary driver of inflation in the US.

The study graded states by comparing COVID-19 outcomes based on the number of deaths, the economy and impact on education.

Teams will now be required to interview at least one woman for head coaching vacancies

If we keep going down this path, soon we won’t have much of a “middle class” at all.

Consumer sentiment collapsed 13.5% since July, the third biggest fall on record next to October 2008 and April 2020.

A vast majority of Americans are still bearing the heat of federal student loan debts even after 20+ years of graduating. Read this report.

July's PPI soared to a new record +7.8% YoY (up 1.0% MoM)...

"Wholesale prices in the U.S. increased at their fastest annual rate ever in May, as soaring inflation threatens to derail any recovery.

CPI soared 5.0% YoY (hotter than the +4.7% expected). That is the highest level of inflatuion since Aug 2008.

The latest Headline PCE price index was up 0.61% month-over-month (MoM) and is up 3.58% year-over-year (YoY). Core PCE is now at 3.06%

US Incomes sank 13.1% in the absence of any further federal support. Thats the largest decrease on record. The mainstream media ignored it.

53% of Canadians are on the verge of insolvency and are $200 or less away from not being able to pay their monthly bills and obligations

That isn’t what a “recession” looks like. The truth is that we are in an economic depression, and there is no end in sight.

Supermarket retailer Kroger will close two of its stores in Long Beach, California after the city council mandated a $4/hr wage increase

China’s Yangtze River News reported yesterday that the US has officially announced a recession only eight days after Biden coming to power.

In the first week of the new Administration the markets got killed. The markets took a bashing as the Biden gang overreached.