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 […]

By Robert Romano Personal incomes grew 0.4 in August and have grown 5.1 percent the past twelve months, according to the latest data compiled by the Bureau of Economic Research . That’s great news, because right now, consumer inflation is only growing at 2.9 percent the past twelve months. Politically, that’s about all you need to know. Why? Regardless of current […]

By Robert Romano After three interest rate cuts at the end of 2024 amid weakening labor markets, the Federal Reserve resumed cutting the federal funds rate on Sept. 17, this time to 4 percent to 4.25 percent. The federal funds rate had peaked at 5.25 percent to […]

By Robert Romano China has a quiet ally in its quest for global domination: Europe. China is Europe’s third-largest trading partner . Chinese direct investment in Europe nearly doubled between 2023 and 2024. And 29 European countries have signed agreements with China as part of the latter’s Belt and Road Initiative to expand Chinese influence […]

By Robert Romano The U.S. economy was in much worse shape than previously thought during the 2024 election between President Donald Trump and former Vice President Kamala Harris, revised labor markets data from the Bureau of Labor Statistics shows, with a downward revision of almost 1 million from jobs from the establishment survey of employers as jobs figures published to the American people […]

By Robert Romano “[S]uccessive interventions by the Fed during and after the financial crisis created what amounted to a de facto backstop for asset owners. This led to a harmful cycle whereby asset owners came to control an ever-larger portion of national wealth. And within the class […]

By Robert Romano The unemployment level reached 7.38 million in August, 1.6 million above its January 2023 low and its highest point since October 2021, according to the latest data from the Bureau of Labor Statistics, continuing a steady uptrend for more almost three years. The unemployment rate rose to 4.3 […]

By Robert Romano Recently, Treasury Secretary Scott Bessent was touting that the U.S. is expected to haul in some $500 billion of additional tariff revenue a year or more , stating, “I think we could be on our way well over half a trillion, maybe towards a trillion-dollar number. This administration, your administration, has made a meaningful dent in the budget deficit.” All thanks to […]