President Joe Biden, administration officials, and prominent mainstream media figures say it is the Fourth...
Business News
APEC Summit – An Economic Opportunity for Biden
President Joe Biden and Chinese leader Xi Jinping held their first face-to-face meeting in a year during the APEC...
Drowning in the Deficit Swamp – Swamponomics
The US government’s fiscal year 2023 calendar just ended, and new Treasury data show that Washington ran a...
South Korea: Eat My Shorts – Swamponomics
How bad are the financial markets when a government needs to impose a ban on short selling? Well, this is what...
US Household Debt Hits Fresh Record High
Pandemic-era savings have been wiped out, inflation remains above trend, and interest rates are the highest they...
America’s Manufacturing Sector Is Struggling – Swamponomics
The US manufacturing sector is struggling to grow. Despite President Joe Biden and the Democrats injecting...
Federal Reserve and the License to Pause
Well, that was an uneventful Federal Reserve policy meeting. The Federal Open Market Committee (FOMC) completed...
Bidenomics: A Government Love Story – Swamponomics
A 4.9% gross domestic product (GDP) growth rate. Millions of new jobs this year and a 3.8% unemployment figure....
October Jobs Report Points to Looming Recession
For economists anticipating a soft landing, it might be time to revise their forecasts (again) and pencil in a...