DOGE is Careless in Operation and Reckless in Reporting
Tyler Mitchell Let’s discuss viral nonsense on alleged Social Security fraud and a simple explanation. 86 million people views Musk’s…
The CPI Is Deeply Flawed and the Fed Feeds those Flaws
The Fed makes horrendous policy decisions because it does not understand inflation. CPI and wage data from the…
DOGE Makes Huge Mistake Firing Nuclear Workers, Now Seeks to Rehire Them
When you fire people without understanding what they even do, you make big mistakes. Oops, We Didn’t Mean…
Five Republican Senators Caution Trump about Pain from Tariffs
Senators warn Trump, but Trump won’t listen. Republican Senators Try to Curb Tariffs Color it hopeless, but Republican…
Producer Price Index (PPI) Soars Led by a Surge of Positive Revisions
The PPI was hotter than expected, and that was on top of huge positive revisions. But long-term bond…
Trump Fails to Pull the Trigger on Reciprocal Tariffs, Will Study the Issue
Despite a miserable PPI report, bonds rallied with long-term yield dropping significantly. Tariff postponement is the likely reason.…
German Elections Feb 23 – Only One Coalition Makes Sense (But No One Wants It)
All of the other parties have ruled out working with AfD. But no other coalition makes any sense.…
Industrial Production Jumps 0.5 Percent But Details Are Ugly
A cold snap boosted utilities by a whopping 7.2 percent. Industrial production data from the Fed, chart by…
Poor Retail Sales Reduced GDP Estimate for 2025 Q1 by 0.75 PP
The GDPnow Nowcast for the first quarter took a dive on February 14. Weather-related utility production lessened the…
Vance Shocks Europe by Supporting AfD and Blasting EU’s Lack of Free Speech
Vice President J.D. Vance took off the gloves in Europe. Many European leaders are shocked. Good! Vance Shocks…