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Category: Economy

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Fed’s interest rate hikes have only destroyed $398 billion of the $6 trillion it printed for Covid so far
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Fed’s interest rate hikes have only destroyed $398 billion of the $6 trillion it printed for Covid so far

By Robert Romano “Our expectation has been we would begin to see inflation come down,…

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Posted on 23SepSeptember 12, 2023
If interest rates won’t tame inflation, then the recession will
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If interest rates won’t tame inflation, then the recession will

By Robert Romano On Sept. 13, the Bureau of Labor Statistics will release a fresh…

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Posted on 12SepSeptember 12, 2023
National debt will hit $100 trillion by 2036 at current growth rate
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National debt will hit $100 trillion by 2036 at current growth rate

By Robert Romano Since 1980, when the national debt was $907 billion and just 31.7…

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Posted on 26AugSeptember 12, 2023
U.S. recessions help cool off inflation as Biden touts ‘zero inflation’ for July
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U.S. recessions help cool off inflation as Biden touts ‘zero inflation’ for July

By Robert Romano Consumer inflation cooled a bit in July down to 8.5 percent from…

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Posted on 12AugSeptember 12, 2023
Job openings have crashed 1.1 million since March in yet another recession signal
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Job openings have crashed 1.1 million since March in yet another recession signal

By Robert Romano Job openings have crashed by more than 1.1 million since March to…

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Posted on 04AugSeptember 12, 2023
U.S. falls into recession after GDP contracts another 0.9 percent in second quarter
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U.S. falls into recession after GDP contracts another 0.9 percent in second quarter

By Robert Romano The U.S. economy contracted another 0.9 percent in the second quarter of…

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Posted on 28JulSeptember 12, 2023
Unemployment continuing claims climbed 122,000 on a net basis to 1.4 million in a week as recession signals flash red everywhere
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Unemployment continuing claims climbed 122,000 on a net basis to 1.4 million in a week as recession signals flash red everywhere

By Robert Romano Unemployment insurance continuing claims increased by 122,000 on a non-seasonally adjusted basis…

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Posted on 22JulSeptember 12, 2023
Happy Talk: The Biden White House is still clinging to hope there is no recession. We’ll find out July 28.
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Happy Talk: The Biden White House is still clinging to hope there is no recession. We’ll find out July 28.

By Robert Romano “It is very hard to conclude that we are in a recession…

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Posted on 19JulSeptember 12, 2023
Inflation cracks 9.1 percent, highest since 1981, as imminent recession looms
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Inflation cracks 9.1 percent, highest since 1981, as imminent recession looms

By Robert Romano Consumer inflation reported by the Bureau of Labor Statistics ticked up to…

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Posted on 14JulSeptember 12, 2023
How bad will Biden’s recession be?
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How bad will Biden’s recession be?

By Robert Romano The spread between 10-year and 2-year treasuries, a reliable recession indicator that…

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Posted on 12JulSeptember 12, 2023

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