Tag Archives: Trump

Where is the Inflation?

Financial FAQs “When I took office, inflation was the worst in 48 years, and some would say in the history of our country. President Donald Trump FREDcpi No, just a cursory look at the St. Louis Fed’s above graph of the … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , | Leave a comment

Where Are the Jobs?

Financial FAQs “Total nonfarm payroll employment changed little in November (+64,000) and has shown little net change since April, the U.S. Bureau of Labor Statistics reported today. In November, the unemployment rate, at 4.6 percent, was little changed from September. … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , , , | Leave a comment

Trump Copies Putinism

Popular Economics Weekly “Russian mathematician and Putin critic Andrey Piontkovsky characterized Putinism as “the highest and final stage of bandit capitalism in Russia; and also as a war, ‘consolidation’ of the nation on the ground of hatred against some ethnic group, … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

What is Worrying Consumers?

Financial FAQs “Consumer confidence tumbled in November to its second lowest level since April after moving sideways for several months,” said Dana M Peterson, Chief Economist, The Conference Board. “All five components of the overall index flagged or remained weak.” Conference … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Who Won the Shutdown?

Financial FAQs “What if conservatives succeeded in repealing Obamacare? “Republicans’ Obamacare repeal bill would leave 17 million more people uninsured next year, and 32 million more in 2026, the Congressional Budget Office said in an estimate Wednesday. It also said premiums would … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , , , , , | Leave a comment

U.S. Economy Is Freezing!

Popular Economics Weekly “…while the economy is growing thanks to AI spending, it’s a K-shaped expansion: People who were already affluent are becoming more so, but the less well-off are under severe pressure. For example, there are clear signs that … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , | Leave a comment

Why Make America Weak?

Financial FAQs “This great Nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself—nameless, unreasoning, unjustified terror … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , , | Leave a comment

Are We Flying Blind?

Popular Economics Weekly “The United States economy is like a poker game where the chips have become concentrated in fewer and fewer hands, and where the other fellows can stay in the game only by borrowing. When their credit runs … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , , | 1 Comment

Will Fed Give Up the Inflation Fight?

Financial FAQs “Consumers continue to express frustration over the persistence of high prices, with 44% spontaneously mentioning that high prices are eroding their personal finances, the highest reading in a year.” University of Michigan Sentiment Survey FREDcpi Federal Reserve Chair … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

The Truth About High Tariff’s

Popular Economics Weekly “High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars. Then the worst happens: markets shrink and collapse, businesses and industries shut down, and millions of people lose their jobs.” President … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , , , , , , , | Leave a comment