Helping You Survive and Prosper in the Greater Depression
The Federal Reserve Bank of New York has restarted its GDP Nowcast after suspending it during the coronavirus pandemic. Now that the regional central bank relaunched the model, let's take a look at where it expects the third-quarter gross domestic … [Continue reading] about New York Fed restarts GDP Nowcast; forecasts 2.3% Q3 growth
The military-industrial complex is now out in the open and championed by the Washington establishment. Senate Minority Leader Mitch McConnell (R-KY), who has apparently been given the OK to keep leading the Republican Party despite freezing in … [Continue reading] about Mitch McConnell admits war in Ukraine is good for U.S. defense business
What's the deal with revisions this year? The jobs report was revised lower. The second-quarter GDP was revised lower. The quarterly PCE was revised higher. And now, second-quarter labor productivity? You bet! According to the … [Continue reading] about More revisions? BLS revises Q2 labor productivity growth, hours worked lower
This might have been surprising in 2016. In 2023? Not so much. Now that Vivek Ramaswamy is gaining national attention and is outpolling Florida Gov. Ron DeSantis in some pockets of the country, the activist press and Democrats (is … [Continue reading] about LOL: Democrats say Vivek Ramaswamy is a white supremacist
At an event before the press, Senate Minority Leader Mitch McConnell (R-KY) froze again. This is the second time in about a month that the longtime senator has one of these incidents. NOW - U.S. Senator Mitch McConnell appears to freeze … [Continue reading] about WATCH: Mitch McConnell appears to freeze again