In the previous post, I covered the first set of data - Continued Unemployment Claims (https://trueeconomics.blogspot.com/2021/02/4221-us-labor-markets-americas-scariest.html) - that highlights the plight of American economy in the...
The global outbreak of the novel coronavirus has disrupted the very fabric of every part of humanity. No industry was left untouched by the devastating effects...
Updating my series of America's Scariest Charts, here is the latest reported data (through the week of January 23rd) on continued unemployment claims:In absolute terms, official...
Read The Details Of Biden's Plan For $1,400 (Not $2,000) Stimulus Checks Details of the latest stimulus proposal from President Biden and Democratic lawmakers have finally...
The US dollar is strengthening against its currency peers on Thursday as the number of Americans filing for unemployment benefits fell below 800,000. The greenback is finding support on positive economic data as the broader financial...
The COVID-19 recession that began in March 2020 has had a disparate effect on workers depending on many factors: industry, occupation, level of education, parental status,...
Vaccine hesitancy will not go away fast. In fact, there are parallels in the physical world to how quickly or slowly an object returns to its...
CNBC transcript: The Council of Economic Advisers member Jared Bernstein speaks with Kayla Tausche live during CNBC’s Capital Exchange today Q4 2020 hedge fund letters, conferences...
S&P Global Ratings has today published its “ESG Overview: Global Sovereigns.” The report discusses environmental, social, and governance (ESG) credit factors that inform our analysis of...
Ten Senate Republicans recently proposed a $618 billion COVID relief package. In this piece, we provide an analysis of that package and update our analysis of...
A recession is generally defined as two consecutive quarters of a drop in GDP. A more modern definition of a recession is a significant drop in...
Watch Out Bezos, Washington State Mulling 'Billionaire Tax' At some point in the near future, Texas and Florida may be the only US states with billionaires...
The New Zealand dollar is almost unchanged in the Tuesday session. Currently, NZD/USD is trading at 0.7151, down 0.08% on the day. Will job data wake...
Here Comes "Budget Reconciliation": What Happens Next On Monday, congressional Democrats released a budget resolution for FY2021 that, when passed, will give them the option to...
Alpine Capital Research commentary for the fourth quarter ended December 31, 2020, titled, “A Triumph of Science.” Q4 2020 hedge fund letters, conferences and more Our...
President Joe Biden wants to give stimulus checks of $1,400 to Americans. Republicans, on the other hand, in their counter offer proposed stimulus checks of $1,000....
Overview: The recovery from last week's equity slide continues today. In Asia Pacific region, Taiwan and India led with more than 2% gans. Stepped fiscal efforts,...
The unbacked paper money system is an economically and socially destructive system—with far-reaching and harmful economic and social consequences beyond what most people would imagine. Fiat...
The unbacked paper money system is an economically and socially destructive system—with far-reaching and harmful economic and social consequences beyond what most people would imagine. Fiat...
The Biden administration is working on getting support for the $1.9 trillion stimulus package, which includes $1,400 stimulus checks. This plan was expected to face opposition...
There seems to be more room for gains here by the US dollar from a technical point of view. Moving... The post Weekly forex data: central...
Key Events In The Coming Action-Packed Week: Payrolls, PMIs, Politics And Tons Of Earnings It’s another big week for earnings and data, with the PMIs for...
In recent years, a heterodox model called “Modern Monetary Theory” (MMT) has gained adherents. For those who follow the policy debate in the media, this theory...
In a blowout comedy for the ages, finance pirates, we call Hedge Funds, take it up the clacker...
U.S. stocks experienced higher volatility this past week and the broader market averages fell about 3%. Energy and Materials names led the way lower. The Dow...
COVID Lockdowns Spark Biggest Cigarette Sales Spike In Years During the first months of quarantine, when nobody really had any idea whether they'd be seeing their...
By Thomas Cooley and Peter Rupert GDP The BEA announced that the advance estimate for Q4 real GDP increased 4.01% on an annual basis. Final Q3...
Markets wobble amid retail backlash The last week in the markets has been extremely interesting and highly unusual, to say the least. We’ve long talked about...
Rickards On The Resurgence Of Silver Authored by Jim Rickards via The Daily Reckoning, Most investors who focus on precious metals and commodities know that gold...
Crescat Capital commentary for the fourth quarter ended December 31, 2020, discussing that gold and silver mining companies now trade with a higher free cash flow...