I did not anticipate an addition to Part 1 so quickly, which covered plunging consumer sentiment, declining consumption, scarcity inflation, and waning GDP. Unfortunately, recession signals are popping up so fast and furious that it’s best to ink them before they...
On the campaign trail for the 2016 presidential election, then-candidate Donald Trump routinely blasted the “fake news” media. One of his favorite topics was the Obama administration; specifically, that the former President had only improved the economy on paper. But...
It’s one of the great contradictions of the real economy. Despite soaring job growth and surprisingly robust sentiment, the retail market continues to underperform. Even more bizarre, U.S. consumer sentiment hit multi-year record highs recently. In fact, this...