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📉 The Recession is Here: Atlanta Fed Announces GDP for Second Quarter at Minus 2.1%
REMEMBER, JUST LAST WEEK “ECONOMISTS” & PUNDITS WERE ACTUALLY TELLING US THAT RECESSION "WASN’T A FOREGONE CONCLUSION"
Jul 5, 20221 min read
"When Not If..." - Monster Of A Recession On Deck 📉
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.
Jun 26, 20221 min read
🎥 ‘No, Inflation Was High Before the War in Ukraine Broke Out’ – Fed Chair Fact Checks Biden Lies
Powell was asked if the war in Ukraine is the primary driver of inflation in the US.
Jun 22, 20221 min read
Jersey Rated Worst in Handling of COVID With NY, CA Close - Florida Was Among Best - Study Shows
The study graded states by comparing COVID-19 outcomes based on the number of deaths, the economy and impact on education.
Apr 14, 20222 min read
NFL Expands Controversial ‘Rooney Rule’ - Teams Must Now Interview 1 Female For Head Coach Jobs
Teams will now be required to interview at least one woman for head coaching vacancies
Mar 30, 20221 min read
Goodbye Middle Class: 50% Of All US Workers Made $34,612.04 Or Less Last Year
If we keep going down this path, soon we won’t have much of a “middle class” at all.
Oct 20, 20211 min read
Consumer Sentiment Is Collapsing Because Of Inflation, Not Pandemic Fears
Consumer sentiment collapsed 13.5% since July, the third biggest fall on record next to October 2008 and April 2020.
Aug 19, 20216 min read
Average Americans Still Struggling To Pay Off Their Student Loan Debt After 20+ Years Of Graduating
A vast majority of Americans are still bearing the heat of federal student loan debts even after 20+ years of graduating. Read this report.
Aug 13, 20212 min read
📉 Producer Prices Explode At New Record 7.8% Pace In July, Margins Crushed
July's PPI soared to a new record +7.8% YoY (up 1.0% MoM)...
Aug 12, 20212 min read
Inflation in Wholesale Prices Increases to 6.6% – The Largest Increase on Record
"Wholesale prices in the U.S. increased at their fastest annual rate ever in May, as soaring inflation threatens to derail any recovery.
Jun 16, 20211 min read
Biden Economy Sees Goods Prices Increase 6.5% Since Last Year – The Highest Increase since 1982
CPI soared 5.0% YoY (hotter than the +4.7% expected). That is the highest level of inflatuion since Aug 2008.
Jun 10, 20211 min read
US Personal Expenditures Index Up 3.9% In April Report
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%
Jun 1, 20212 min read
US Personal Income Crashes Down 13.1% - Largest Decrease on Record 📉 The Media Ignores It
US Incomes sank 13.1% in the absence of any further federal support.
Thats the largest decrease on record. The mainstream media ignored it.
Jun 1, 20212 min read
Think it's Just US? Bloomberg Shows 53% Of Canadians On Brink Of Insolvency
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
Apr 12, 20212 min read
If You Believe Life Will "Return To Normal", You Have A Fundamental Misunderstanding Of The Times
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.
Feb 24, 20215 min read
Kroger to Close Stores in SoCal City After City Council Mandates $4/hr Wage Increase
Supermarket retailer Kroger will close two of its stores in Long Beach, California after the city council mandated a $4/hr wage increase
Feb 3, 20212 min read
Chinese Media Proclaims: "The United States Has Officially Announced a Recession!”
China’s Yangtze River News reported yesterday that the US has officially announced a recession only eight days after Biden coming to power.
Feb 3, 20212 min read
In Biden’s First Full Week 📉 The S&P 500 Records Its Worst Week Since October
In the first week of the new Administration the markets got killed.
The markets took a bashing as the Biden gang overreached.
Jan 31, 20212 min read
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