Interest Payments on the National Debt up 13% Year-over-year with Still 3 Months to Go
With a trimester left of the 2026 fiscal year, the US Treasury has already borrowed more money than in…
Tag: US Economy
‘What Are You Waiting For?’ Is the Collective Market Response to Kevin Warsh, FOMC Decision
Future data releases notwithstanding, the response from Wall Street to the Federal Reserve Open Market Committee’s decision not to…
Record Debt Levels are Everywhere – Auto Loans, Credit Cards, Public Finance, Private Credit
Debt of all kinds in the US is reaching levels that seem impossible to manage to any normal set…
Will Trump’s Pick of Warsh for Fed Chairman Curtail or Accelerate the ‘Sell America’ Trade?
This is part 2 of a 2-part series on the so-called Sell America trade. You can read part 1…
What Is the ‘Sell America’ Trade, and What Does it Mean for Trump’s Econ Agenda?
This is Part 1 of a 2-part series on the so-called Sell America Trade. When President Donald Trump…
Kevin Hassett Poised for Next Fed Chairman, Raising Concerns of Independence and Interest Rates
In recent comments, President Trump said he had narrowed his shortlist for the next Federal Reserve Chairman “down to…
Tariffs or ‘Shrinkflation’ Affecting Thanksgiving Meals in America
Tariffs will affect traditional food staples at a typical Thanksgiving meal this holiday season. According to an analysis by…
Newly-Appointed Governor’s First Actions Massively Call into Question Fed Independence During FOMC
Following the recent September Federal Open Market Committee (FOMC) meeting, a commentary by Euro Pacific Asset Management suggests that…
July Tariff Revenues Generate a Meager One-Fourth of Deficit Spending Increase
Despite year-over-year revenue from import duties growing 252% compared to July of last year, government inlays were dwarfed by…
Huge Jump in Producer Prices Point to Tariffs Beginning to Weigh on American Businesses
The July Producer Price Index (PPI) report printed an eye-catching 0.9% month-over-month increase, the largest such increase recorded in…
04/09 End of the Empire: Economic Madness Descends on Washington
End of the Empire is a once-monthly feature on all news relating to the transition from the unipolar world of…
Do Any Economists Believe Trump’s Tariffs Will Improve the American Economy?
Story at a glance… President Trump announced a new tariff regime that has placed at least a 10% tax…
‘Abjectly terrifying’ Report Finds 50+ Members of Congress Hold Military Stocks Worth in Excess of $10 Mil.
Is it a conflict of interest for lawmakers required to determine and approve funding for the largest military in…
US Debt Per Citizen Grows 10% Faster Than the Population Since 2008
Financial analysts have looked at the growth rate in the share of the national debt per citizen and found…
Record-High GDP Print Disguises Sorry State of US Economy as a Half-Dozen Recession Indicators Continue Flashing
News reports hailed the recent third-quarter advance estimate for GDP of 4.9% as a sign of the “resilience” of…