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 […]

By Robert Romano Don’t look now, but with 7 percent inflation, peak employment and a new Gross Domestic Product reading of 5.7 percent growth in 2021, the U.S. economy appears to be overheating as a key measure of the health of the economy has begun flashing warning […]

By Robert Romano “No, it’s a great asset. More inflation. What a stupid son of a bitch.” That was President Joe Biden’s hot mic description of Fox News’ Peter Doocy on Jan. 24 after he asked “Will you take questions on inflation then? Do you think inflation is a political liability ahead of the midterms?” […]

“The global supply chain crisis underscores the importance of American manufacturing. This bill would bring U.S. manufacturers back home.” Americans for Limited Government President Richard Manning co-signed a letter to Congressman Chip Roy (R-TX) thanking him for introducing a bill to bolster America’s industrial competitiveness. […]