GDP vs GDI Why the Huge Discrepancy and Which Is the Better Measure of the Economy?
Tyler Mitchell Gross Domestic Product (GDP) and Gross Domestic Income (GDI) are two measures of the same thing. But the…
Forward Guidance: The Fed Sounds Like a Wizard Reading Chicken Bones
Stanley Druckenmiller says the Fed should get rid of forward guidance and just do their job. I totally…
Tesla Rebounds On Musk Promises With No Details, It Won’t Stick
Elon Musk delivered a terrible quarter and tries to appease Tesla (TSLA) investors with more hype. I offer…
Biden Wants the Wealthy to Pay Their “Fair Share”, What Percentage Is That?
What percentage of all income tax collection should the top 1 percent pay? Top 10 percent? Data from…
Manufacturing ISM Moves Back Into Contraction, New Orders Decline
The ISM manufacturing index is back in contraction after a one month reprieve, but prices expand sharply. It’s…
A Gold Smackdown Reversal on Friday, Rebound Today, What’s Going On?
I saw a lot of charges of manipulation by shorts on Friday. Let’s look at the claims and…
A Big Deflationary Push From China But Will Biden or Trump Allow That?
Jamie Roberts China keeps returning to a well that has run dry, using exports as a means for growth. China…
What is the Best Way to Help Israel and Ukraine?
House Speaker Mike Johnson has turned into a do whatever it takes to spend more money on warmongering…
Discretionary Spending Tumbles at Target, Shares Drop 10 Percent
Target CEO Brian Cornell said the results show “continued soft trends in discretionary categories.” Target chart courtesy of…
Initial Unemployment Claims Jump the Most Since August 2023
Continued claims also show rising economic weakness. Some say it’s just California. Let’s investigate. More signs of economic…