By Rick Manning The latest job numbers are in and they’re great news for America, showing that the American economy remains robust with 312,000 jobs created, and average job gains for the past three months totaling an incredible 254,000. The left-wing media has been desperately trying to talk down the Trump […]

By Robert Romano The Federal Reserve has dumped an eye-popping $343 billion of U.S. treasuries and mortgage-backed securities since it began its policy normalization program in Sept. 2017 . $116 billion of that, or more than a third, has been since Sept. 2018 as the nation’s central bank has begun to accelerate its program. At the same time, the Fed […]

  By Robert Romano To hear the financial media tell the story, one of the only factors to consider in the stock market’s recent turbulence is President Donald Trump and his trade agenda. “Dow plunges 799 points on trade, slowdown fears,” CNN Business reported last week. “Trump’s Tariff Tweets Help Create Turmoil In The Markets,” declared Forbes.com. “’Tariff Man’ Trump’s China Tweets, Recession Fears, Push Dow Down 800 Points,” Yahoo! Finance suggested. As if the U.S. […]

By Natalia Castro While some have been critical of President Donald Trump’s use of tariffs to win the trade war with China, one analyst is arguing these tariffs have been one of many tools used by the Trump administration to push China to comply with […]

By Robert Romano President Donald Trump is giving China three months to change its act on trade and treat America fairly, or the current 10 percent tariffs on $200 billion of goods will rise to 25 percent. That would come atop another 25 percent tariff on $50 […]

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By Robert Romano The conference committee for H.R. 2, the farm bill, has stripped out its additional work requirements as a condition for collecting food stamps from the Supplemental Nutrition Assistance Program (SNAP). The provision would have required able-bodied adults to work a minimum of 20 hours a week starting in 2021 […]

By Robert Romano Are we nearing the end of the business cycle? The third quarter Gross Domestic Product remained unchanged at an inflation-adjusted, annualized 3.5 percent growth in the latest estimate from the Bureau of Economic Analysis . And although growth may be slowing down — the second quarter had 4.2 percent growth — the economy […]

By Robert Romano The Joint Select Committee on Solvency of Multiemployer Plans is set to deliver its recommendations to Congress by Nov. 30 on how to address 114 of the nation’s 1,400 multiemployer pension plans covering 1.3 million workers being underfunded by $36.4 billion . Of the $36.4 billion in unfunded liabilities, half of it or $17.2 billion is for […]

By Rick Manning The 2018 election got its closing argument from an unusual place on November 2: The U.S. Labor Department’s Bureau of Labor Statistics. Jobs versus mobs has become a popular slogan in the last month of the mid-term election campaign, but with the October employment […]