White House Vacant – Biden Absent 40% of Presidency
The average American will never take a 16-day consecutive vacation from work. Why did President Joe Biden take off for nearly half of August? RNC Research reported that Biden has [...]
Trump Tax Reform Passes – This Will be The Greatest Boost to Small Business in more than 30 years
The House just passed the tax bill in a final vote after a procedural hiccup relegated the bill back to the floor for a second vote. The Senate passed the bill early Wednesday morning along party lines. The tax bill is on its way to President Trump’s desk now, slating the tax overhaul package to take effect in the new year. This sets up the GOP for its first major legislative win in Trump’s first year as president. They never accomplished anything before even when they had the power.
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Stagflation Begins
Nine of the 12 Federal Reserve districts reported a decline in economic activity in August, up five districts from the July Beige Book report. Our system has warned that we [...]
Forecasting Recessions
https://www.armstrongeconomics.com/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4 COMMENT: Mr. Armstrong, I find it incorrigible that everyone now claims recession when they have never predicted a recession before. That was clear from the video you had [...]
Market Talk – September 9, 2024
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 175.72 points or -0.48% to 36,215.75 • Shanghai decreased 29.32 points or -1.06% to 2,736.49 [...]
