By Robert Romano President Donald Trump says the phone is ringing off the hook with trade partners anxious to make reciprocal trade deals after the President raised tariffs across the board among trade partners on April 2, before April 9 when the tariffs are due to take effect. For example, on April 4 Trump strongly […]

By Robert Romano Commodities prices and interest rates collapsed across the board following President Donald Trump’s April 2 announcement of reciprocal tariffs on U.S. trade partners despite Congressional Democrats’ predictions that inflation would increase as a result of the tariffs. Crude oil went from $72.22 prior to the announcement down to $66.12 per barrel as of this writing, […]

By Robert Romano Today, as the political world looks at special elections and the future, near-term potential composition of Congress following the 2026 midterm elections, the Bureau of Labor Statistics released its latest data on job openings for the month of March showing 7.56 million job openings nationwide. That’s more than the number of people unemployed , […]

By Robert Romano President Donald Trump has expanded his tariffs to include new 25 percent tariffs on all trucks and cars and automobile parts being imported into the U.S. in a March 26 proclamation , citing national security concerns with outsourced automobile production, stating, “automobiles and certain automobile parts are being imported […]

By Robert Romano Inflation remains the top issue for voters as President Donald Trump enters his third month in office, according to the latest data in a Fox News poll showing 27 percent saying inflation and prices are definitely still the top issue, a consistent result that was also seen in the 2024 election. That cuts across […]

By Robert Romano Inflation slowed down in February to 0.2 percent monthly, or a 2.8 percent annual increase, according to the latest data by the Bureau of Labor Statistics , defying predictions by President Donald Trump’s political opponents that President’s tariff policies taking effect would immediately cause inflation to speed up. On just March 2, Senate Minority Leader Chuck Schumer (D-N.Y.) boldly predicted , “President Trump’s […]

By Robert Romano Bad news. Unemployment increased in the U.S. by 203,000 in February as 588,000 fewer people reported having jobs, according to the latest data by the U.S. Bureau of Labor Statistics’ (BLS) household survey . That means the economy is slowing down, as has been expected after overheating from high inflation for four years as a result of global production […]

By Robert Romano The Atlanta Federal Reserve on March 3 has again issued its GDP Now projection , finding the U.S. economy could be contracting at an inflation-adjusted, annualized 2.8 percent rate for the first quarter of 2025. That is down further from its Feb. 28 projection of negative 1.5 […]

By Robert Romano Don’t look now, but the Atlanta Federal Reserve’s GPDNow estimate for the first quarter of 2025 shows the U.S. economy potentially contracting 1.5 percent annualized. Coupled with initial jobless claims peaking up to 242,000 the past week, a good question to ask is whether President Donald Trump inherited a recession from the […]

By Robert Romano President Donald Trump in a Feb. 21 proclamation entitled “America First Investment Policy” that seeks to assert American dominance particularly in advanced technology sectors including artificial intelligence (AI), by incentivizing investment in the U.S., restricting it from the People’s Republic China (PRC) and restricting investment by China and […]