By Robert Romano Congress is passing plans to provide for long-term paid sick leave and family medical leave to tens of millions of Americans, actively encouraging people to stay home, and essentially telling employers to lay off employees while brick and mortar businesses, schools and government offices […]

By Robert Romano President Donald Trump praised the Federal Reserve for cutting the federal funds rate to a range of 0 percent to 0.25 percent, and restarting quantitative easing with $500 billion of U.S. treasuries purchases and $200 billion of mortgage purchases in response to the Chinese coronavirus global pandemic. “It makes […]

By Robert Romano “Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history.” That was former President Barack […]

By Robert Romano President Donald Trump and the Office of Management and Budget have completed another budget , this time for Fiscal Year 2021, that proposes $4.4 trillion of spending cuts over the next decade and reaching balance within 15 years. Put another way, the Trump administration proposes […]

By Robert Romano What ever happened to that imminent recession the mainstream media was reporting? In August, the sky was falling if you read the headlines. “Bonds continue to signal oncoming recession—5 experts react to the warning,” CNBC reported . “A possible recession? Treasury yields invert, sounding economic alarm […]

By Robert Romano The experts said it couldn’t be done, but here we are. President Donald Trump has signed the implementing legislation for the U.S.-Mexico-Canada Agreement (USMCA) into law, and it’s a done deal, keeping the promise to replace the almost 30-year-old North American Free Trade Agreement […]

By Robert Romano A little more than a year after President Donald Trump promised to withdraw from the North American Free Trade Agreement (NAFTA) if Congress did not adopt the USMCA — on Dec. 1, 2018, he said , “I’ll be terminating it within a relatively short period of time.  We get rid […]

By Robert Romano President Donald Trump has once again done the impossible and secured a phase one trade agreement with China that leaves existing tariffs of 25 percent on $250 billion of goods and another 7.5 percent on the remaining $300 billion of goods. Both of those things […]

By Richard Manning Last year was the best in generations for American workers, but what lies ahead? Can the Trump economy keep roaring through 2020? The undeniable truth is that fewer Americans are unemployed today than at any time since 2000. The impact of America being […]

By Robert Romano With 3.5 percent unemployment , the lowest since 1969 when U.S. involvement the Vietnam War was still at its height, and 6.7 million jobs created since Jan. 2017 — President Donald Trump is presently overseeing the best peacetime labor market conditions in modern history. And it could get even better, the […]