Consumer sentiment in October beat forecasters expectations and sets the stage for Trump's reelection next year.
Commentary from establishment economists such as Moody’s Mark Zandi may be safely ignored by those seeking an accurate picture of the U.S. economy: steady, performing at a high level, and likely to continue to do so.
The claim that since million-dollar homes in Aspen are taking up to three years to sell means that a recession is coming is ludicrous. Looking at where the rest of us spend our money, things continue to be rosy.
A weaker dollar could awaken bond investors from their decades-long slumber. They would be forced to conclude that the U.S. government is not the AAA-rated credit risk they think it is.
Former Fed chair Janet Yellen seized an opportunity to declare that Trump’s criticism of the central bank might damage its reputation and disrupt its mission.
Modern Monetary Theory — governments can just print money to spend as much as they want, since they control the currency — is being touted as the way to pay for the Green New Deal.