By A.F. Branco Click here for a higher level resolution version.

By Robert Romano Inflation continued to run hot into September, with consumer inflation still up 8.2 percent annualized and producer inflation at 8.5 percent annualized, according to the latest data by the Bureau of Labor Statistics, as the post-Covid supply crunch continues and the economy overheats, now with demand on the […]

By Robert Romano Job openings fell another 1.1 million in August to 10.1 million according to the latest data from the Bureau of Labor Statistics. Generally, in a recession once jobs openings in the household survey collapse, the unemployment rate will tend to rise as well over […]

By Robert Romano Consumer price inflation and the sagging U.S. economy are weighing heavily on the minds of voters ahead of the U.S. Congressional midterm elections, the latest results of the Economist/YouGov poll show, with 24 percent rating inflation as the top issue and another 11 percent saying jobs and […]

By Robert Romano “Our expectation has been we would begin to see inflation come down, largely because of supply side healing.  We haven’t. We have seen some supply side healing but inflation has not really come down.” That was Federal Reserve Chairman Jerome Powell on Sept. 21, […]

By A.F. Branco Click here for a higher level resolution version.

By Rick Manning Social Security has long been called the third rail of politics, so any mention of reforming the program in the halls of Congress often sends elected members scurrying for cover. However, right now our nation has a labor crisis.  A crisis that is at […]

By Robert Romano The nominal broad U.S. Dollar Index reported by the Federal Reserve is showing its strongest readings since the height of the Covid pandemic in April 2020 when the global economy was shutting down and 25 million jobs were lost in the blink of an eye. The latest reading of 123.9 […]

By Rick Manning Shock. The Railroad strike has been settled at the last possible moment after heroic phone calls by President Joe Biden.  Who actually buys this garbage? The potential strike was the culmination of ten years of negotiations replete with numerous lawful federal government interventions to […]

By David Potter The U.S. stock market plunged yesterday nearly 1,300 points resulting in its worst day since June 2020. The market’s expectation of reduced inflation was not met. Fearing an increase in interest rates from the Federal Reserve to cool the economy, uncertain investors panicked. Matt […]