U.S. jobless claims are even lower than the headlines reveal. But there is some bad news: There are too many people working.
On September 15, 2008, Lehman Brothers declared bankruptcy, unleashing the scariest economic storm in American history since the Great Depression.
Federal Reserve officials watch hundreds of data series. Among the most important is this one. Fed Chairman Jerome Powell even spoke about it recently.
Fundamentals point to more gains in stocks. It’s rare to see the S&P 500 reaching new highs while it’s undervalued. But’s that’s where we are today.
With rising interest rates, corporate debt is a time bomb that will bankrupt firms, destroy jobs … and send the stock market crashing.
Twenty years ago, current Fed policies would have sunk stocks. Now, other central banks around the world are offsetting the bearish influence of the Fed.
There’s an indicator I watch to determine whether or not the U.S. economy has turned the corner. And so far in the latest quarter, it’s trending higher.
The Federal Reserve meets this week. Traders believe it will raise short-term interest rates. Higher rates slow economic growth, and the Fed believes it needs to slow growth.
Many talented citizens of France, the U.K., the EU and other welfare states are going where they and their capital are treated best. But exit tax reform should start here in America.