The Trump Effect: US economy Poised for Strong Growth in Q-3 US economy is expanding at a 4.4% annualized rate in Q-3, the Atlanta Fed’s GDPNow forecast model showed Friday despite retail sales recording their smallest gainer in 6 months in August. Consumers cut back on purchases of motor vehicles and clothing, but upward revisions to […]
The Trump Tax Cut Driving Strong Business Investment Shipments of core capital goods rose 0.9% last month after an upwardly revised 0.9% gainer in June. US economy is growing at a 4.6% annualized rate in the third quarter following the government’s data on new-home sales and costs, the Atlanta Federal Reserve’s GDPNow forecast model showed […]
US Inflation Rate at 2.9% in June, Highest in 6 Years US consumer prices rose in June from a year earlier at the fastest pace in more than s6 years, lifted by more expensive gas, car insurance, and higher rents. Last Thursday, the US Labor Department said that the CPI (consumer price index) ticked up […]
The Humanitarian Hoax: Common Core Education is Rotten Most American parents have no idea what their children are being taught in schools The Humanitarian Hoax is a deliberate and deceitful tactic of presenting a destructive policy as altruistic. The humanitarian huckster presents himself as a compassionate advocate when in fact he is the disguised enemy. Barack […]
US Producer Prices Flat to Unchanged, Services Costs Rise US producer prices were flat to unchanged in May as energy costs recorded their biggest decliner in more than a year, suggesting a moderation in inflation after a rise at the start of the year. Inflation at the factory gate remains supported by sustained increases in […]
Trump Rally Extends on Economic Growth, Consumer Prices Up $DIA, $SPY, $QQQ, $VXX US stock market indexes finish at record highs for 5th day running US consumer prices recorded their biggest increase in nearly 4 years in January as households paid more for gasoline and other goods, suggesting inflation picking up. The US Labor Department said […]
Educated Millennials Are Moving to Metro Areas Millennials is defined as those between the ages of 18 and 34 as of Y 2015. Millennials have become the nation’s largest generation cohort, surpassing Baby Boomers in Y 2016. And because of their unique living and spending habits, so far by passing up many of the features of […]