By Robert Romano Consumer inflation increased another 8.3 percent annualized in April, according to the…
The U.S. economy lost 353,000 jobs in the household survey last month. Is Biden better off if the recession happens now?
By Robert Romano The U.S. economy shed 353,000 jobs in April in the household survey…
Has the Fed already lost the war on inflation?
By Robert Romano The Federal Reserve on May 4 has increased its key interest rate,…
Mortgage rates shoot up to 5 percent amid high inflation. So, how long will high inflation last?
By Robert Romano 30-year mortgage interest rates shot up to 5 percent on April 14…
The Freddie Mac Home Price Index skyrocketed by a record 17.8 percent in 2021. Are we in another housing bubble?
By Robert Romano Home values went up an astonishing 17.8 percent in 2021, according to…
A Biden recession is virtually guaranteed after 10-year, 2-year treasuries spread inverts as economy overheats from rampant inflation
By Robert Romano The spread between 10-year treasuries and 2-year treasuries, a leading recession indicator…
Biden is right. The Ukraine war could cause food shortages, but high fuel prices could make it difficult to increase production.
By Robert Romano “With regard to food shortage, yes, we did talk about food shortages. …
Fed hikes key interest rate too little, too late to combat 7.9 percent consumer inflation, 10 percent producer inflation
By Robert Romano The Federal Reserve on March 16 has hiked the Federal Funds interest…
After Covid, 16-64-year-old working age adults have not fully reentered the labor force as inflation-induced recession looms
By Robert Romano After Covid, the employment population ratio of 16- to 64-year-old working age…
With inflation on fire at 7.9 percent, Congress pours on more gasoline with another $1.5 trillion omnibus spending bill
By Robert Romano Inflation has hit 7.9 percent over the past twelve months, according to…