By Robert Romano The cornerstone of President Donald Trump’s plan to defeat the Chinese coronavirus and save potentially millions of lives, and to salvage what can be of the U.S. economy, is a massive expansion of the Treasury’s Exchange Rate Stabilization Fund from about $93 billion to $500 billion. […]

By Robert Romano Senate Democrats are holding the U.S. economy hostage after blocking legislation to protect small businesses, guarantee payroll and expand unemployment relief to tens of millions of workers. The vote failed 47 to 47, with 60 needed to advance the bill. The fate of 30 million […]

By A.F. Branco Click here for a  higher level resolution version.

By Rick Manning President Donald Trump has made ending overly paternalistic or downright economically damaging regulations one of the bulwarks of his administration with a success record second to none in rolling back the expanded administrative state. Yet, in spite of this administration emphasis, the Securities and […]

By Robert Romano In order to meet payroll for every small business and nonprofit in America up to 500 employees for the next month or so during the Chinese coronavirus outbreak, President Donald Trump and Senate Majority Leader Mitch McConnell (R-Ky.) are proposing $300 billion of forgivable emergency […]

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 […]