Expect Favorable CPI and PCE Inflation Reports for Two More Months
Tyler Mitchell The BLS published CPI numbers for July . PCE, the Fed’s preferred measure of inflation, won’t be published…
Nord Stream Pipeline Blowback: Germany to Stop All New Aid to Ukraine
We now have an answer that I long suspected. Ukraine blew up the Nord Stream natural gas pipeline…
Debunking the Martin Armstrong and Seymour Hersh Nord Stream Story
Absurd conspiracy theories never go away. People believe BS because BS is sexy or more exciting or whatever.…
Is Consumer Spending or Services Really Two-Thirds of the Economy?
Despite popular myth (and reporting), the answer is no. Let’s discuss how people arrive at these numbers and…
Massive Overcapacity in Steel, What Will China Do With It?
Demand for steel is collapsing, but China keeps producing it. Already high trade tensions will increase. Too Much…
Housing Disaster: Single-Family Starts Crash 14.1 Percent in July
Total housing starts declined 6.8 percent in July, on top of a 1.8 percentage point negative revision. The…
The Election Is in the Hands Young Voters and Blacks, Especially Generation Z
Since President Biden stepped down from the election, the candidate names for have changed, but the issues haven’t.…
Kamala Harris and Her Free Money, More Inflation Now Proposals (MIN)
Does anyone still have their Whip Inflation Now (WIN) buttons? If so, toss them in favor of MIN…
A Dramatic Two-Day Change in GDPNow Forecast, Here Are the Details
A slew of economic reports on Thursday plus a residential construction disaster on Friday caused a huge decline…
Kamala Harris Has Peaked, Expect the Polls to Tighten Further
Perhaps there is one more Democrat convention upswing, but it appears euphoria over Harris is fading. What’s going…