By Robert Romano On Oct. 1, Senate Democrats refused to approve a continuing resolution to keep the government open and then set the record for the longest government shutdown in history of 43 days when it ended on Nov. 12. The entire time, President Donald Trump, Treasury Secretary Scott Bessent and other administration officials were warning […]

By Robert Romano The Bureau of Labor Statistics finally got around to publishing the September unemployment report following the government shutdown, with the unemployment level once again increasing by 219,000 to 7.6 million, an increase of 1.85 million since January 2023. The  unemployment rate  rose to 4.4 percent, its highest level since November 2021. This […]

By Robert Romano President Donald Trump on Nov. 14 put forth a promised executive order to reduce tariffs on certain foods from overseas that the U.S. does not produce or just does not produce enough of as the White House and Republicans continue to refocus their efforts on ending the inflation […]

By Robert Romano Good news for Vice President J.D. Vance, or whosoever runs as the Republican nominee in 2028: Only twice in American history has the White House incumbent party lost three elections in a row, and those years were 1844 , 1848 and 1852 , and then again in […]

By Robert Romano It’s a sad thing, but when the Baby Boomers, those born between 1946 and 1964, pass away, millions of homes are going to hit the market all at once simultaneously year after year, wave after wave, and home prices will be impacted. All told, […]

By Robert Romano “It’s tough to do a lot of specific things but… you’re going to see some substantial announcements over the next couple of days in terms of things we don’t grow here in the United States: coffee being one of them, bananas, other fruits, things […]

By Robert Romano One bright spot of the economic data the past year has been that home prices have cooled as home sales have dropped amid higher interest rates and continued sales of mortgage-backed securities by the Federal Reserve, with the Freddie Mac Home Price Index almost frozen at about $300,000 nationally in […]

By Robert Romano “And I tell Republicans, you want to win elections, you got to talk about these facts. You know, it’s really easy to win elections when you talk about the facts.” That was President Donald Trump reacting on Nov. 5 to the results of the Virginia, New Jersey and New York City […]

By Robert Romano The U.S. Federal Reserve on Oct. 29 once again voted to cut the federal funds rate — from a range of 4.25 percent to 4 percent, to a range of 3.75 percent to 4 percent — as the central bank cited ongoing labor market concerns despite no official unemployment data for […]

By Robert Romano The Bureau of Labor Statistics finally managed to get out what could be the last inflation report for a very long time, with September inflation coming in at 0.3 percent, or 3 percent annually —a pleasant surprise — it was supposed to come out Oct. 15 before the Democrat-led government shutdown ground non-essential services to […]