By Robert Romano Financial media were quick to report a slowdown in manufacturing, that found the Institute for Supply Management (ISM) dropping below 50 and to its lowest level since Jan. 2016. Anything below 50 indicates a contraction. Looking for the culprit in the slowdown? Some publications attributed the slowdown […]

By Rick Manning Ask yourself if you were President, what would you do if you discovered that a foreign country has been waging an underground war against the nation you are sworn to protect surreptitiously killing tens of thousands of your people every year by pouring a […]

By Robert Romano If you buy into the idea of a business cycle, the economy is a lot like a forest that grows, prospers, becomes large and then, with the right conditions, usually a drought or a lightning strike, is cleansed by a great fire — a […]

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. […]

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 […]

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

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 […]

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 […]

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 […]

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 […]