08.29.2019

By Robert Romano Former New York Federal Reserve President Bill Dudley wrote an oped on Bloomberg saying that “the election itself falls within the Fed’s purview,” and that the central bank ought to do whatever it takes to make certain President Donald Trump loses the 2020 presidential election. […]
08.28.2019

By Rick Manning China and the United States traded punches last week in the ongoing trade dispute, after China announced tariff increases on $75 billion of U.S. agricultural and other goods. The Trump administration responded by ending a delay in the imposition of U.S. tariffs on $300 […]
08.23.2019

By Robert Romano President Donald Trump stepped up the pressure on China last week by leveling sanctions against Beijing for its role in shipping tons of fentanyl to the U.S. that has killed more Americans than the Lusitania and Sept. 11, 2001 combined, plus a new round […]
08.23.2019

By Robert Romano Treasury yields flashed warning signs again with intraday inversions of the 10-year and 2-year treasuries as President Donald Trump blasted the Federal Reserve once again for acting too slowly to lower interest rates. “Germany sells 30 year bonds offering negative yields. Germany competes with the USA. Our Federal Reserve […]
08.23.2019

By Rick Manning You might have noticed some alarmist reporting from Marketwatch and the Drudge Report implying the economy lost 500,000 jobs last year. “JOB GROWTH REDUCED BY 501,000,” reported Drudge, linking to a Marketwatch report that was headlined, “U.S. created 500,000 fewer jobs since 2018 than previously reported, new figures […]
08.22.2019

By Richard Manning To cut the payroll tax, or not to cut the payroll tax? That is the question facing President Trump. The president said Tuesday he was considering asking Congress to cut the payroll tax for individuals, but then on Wednesday told reporters that […]
08.21.2019

By Robert Romano “Somebody had to take China on… This is something that had to be done. The only difference is I am doing it.” That was President Donald Trump talking to reporters during a visit by Romanian President Klaus Iohannis to the White House on Aug. 20, making the […]
08.20.2019

By Rick Manning Magically and mystically, this minute the favorite “R” word of the Democrats has shifted from Russia to racist to recession in the blink of an eye — all falsehoods — as they desperately hope that the normal economic cycle turns prior to the Nov. […]
08.19.2019

By Robert Romano Right at the outset, let me say, you can’t talk down the economy. It’s either doing well, or it’s not, and by every measure, the Trump economy is doing just fine. Certainly, the numbers are better than in 2012 when former President Barack Obama […]