By Robert Romano After Covid, the employment population ratio of 16- to 64-year-old working age adults — the percentage of people legally eligible to work who are working — has declined 1.9 percent, from a peak of 71.4 percent in 2019 to 69.4 percent in 2021, according […]

Cryptocurrencies were once thought of as the wild west of digital transactions. At crypto’s birth, there was little to no oversight or regulation. It was only a matter of time before governments worldwide would start reacting to this new technology — and regulating it. For the U.S., that happened on March 9 […]

By Robert Romano Inflation has hit 7.9 percent over the past twelve months, according to the Bureau of Labor Statistics , amid more than $6 trillion of new spending and borrowing by Congress to fight Covid, compounded by the supply chain crisis that was also caused by Covid as oil has surged to well over $100 a barrel . And, even with inflation […]

By Robert Romano “With inflation well above 2 percent and a strong labor market, we expect it will be appropriate to raise the target range for the federal funds rate at our meeting later this month.” That was Federal Reserve chairman Jerome Powell on March 2 at the House Financial Services Committee , forecasting that the Federal Reserve will indeed begin hiking interest […]

By Robert Romano “With all the bright spots in our economy, record job growth, higher wages, too many families are struggling to keep up with their bills. Inflation is robbing them of the gains they thought otherwise they would be able to feel. I get it… One […]

By David Potter Blockchain is an emerging technology with frequent developments and innovations. Thus, blockchain-based cryptocurrencies may not yet be present in their final form. In 20 years from now, it is uncertain whether cryptocurrencies will decentralize power away from government and corporations or add to their […]

By Catherine Mortensen Half of Americans alive today have never experienced the kind of runaway inflation that Joe Biden’s out-of-control spending has unleashed on the country. That’s because they weren’t even born until Jimmy Carter’s inflation was well under control in Ronald Reagan’s second term. Because I […]

By Robert Romano The Bureau of Labor Statistics is reporting 7.5 percent annualized inflation in the month of January , the highest reading since Feb. 1982, as recession warning lights continue to flash red, with the spread between 10-year and 2-year treasuries continuing to collapse to 0.47 percent as of this writing. Coming on the heels of a 5.7 percent Gross Domestic Product growth in 2021 , plus two consecutive strong jobs reports — nearly 1 million jobs have been created in the establishment survey in Dec. and Jan. 2022 combined — and at 4 percent unemployment , labor markets are […]

Feb. 4, 2022, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement on the latest jobs numbers : “Over the past two months, the BLS establishment survey has shown gains of 1 million new jobs, but it is coming at the same time as red-hot 7 percent inflation, a collapsing 10-year, 2-year yield , 5.7 percent […]

By Robert Romano The Atlanta Federal Reserve is downgrading U.S. growth expectations, with its GDPNow metric projecting first quarter 2022 growth , annualized, will be just 0.1 percent, after 6.9 percent annualized growth in the fourth quarter. That’s pretty bad, and it confirms other flashing warning lights that can found in other data. For […]