The U.S. economy weakened in the first quarter, continuing its slowdown trend. According to the Bureau of Economic Analysis (BEA), the first-quarter GDP growth rate was just 1.1 percent, down from 2.6 percent in the fourth quarter. This also came … [Continue reading] about Ouch: US economy weakens in first quarter, continues slowdown trend
Atlanta Fed Bank GDPNow Q1 model estimate downgraded to 1.1%
One day before the Bureau of Economic Analysis (BEA) releases the first-quarter GDP growth rate, a regional central bank downgraded its forecast for Q1. The Federal Reserve Bank of Atlanta's widely watched GDPNow model estimate was lowered to 1.1 … [Continue reading] about Atlanta Fed Bank GDPNow Q1 model estimate downgraded to 1.1%
#BREAKING: Tucker Carlson issues video statement, stays quiet on Fox News departure
Former Fox News Tucker Carlson has finally broken his silence, issuing a video statement for the first time since it was announced that he and the network agreed to part ways. Despite everyone wanting the juicy details, Carlson took a two-minute … [Continue reading] about #BREAKING: Tucker Carlson issues video statement, stays quiet on Fox News departure
Argentina ditches U.S. dollar, will pay for Chinese imports in yuan
The de-dollarization push continues. Argentina announced on Wednesday that it will begin to pay for Chinese imports in yuan instead of dollars. In response to the nation's declining dollar reserves, Argentina will aim to pay approximately $1 … [Continue reading] about Argentina ditches U.S. dollar, will pay for Chinese imports in yuan
Federal Reserve money supply crashes 4%, fourth straight monthly drop
The Federal Reserve money supply is crashing like President Joe Biden's approval ratings. In March, the M2 money supply contracted by 4.05 percent, down from 2.29 percent in February. This is the fastest decline in the money supply since the … [Continue reading] about Federal Reserve money supply crashes 4%, fourth straight monthly drop