Category: US Economy
The analysis published under this category are as follows.
Sunday, May 14, 2017
US Economy End Game On? / Economics / US Economy
By: Andy_Sutton
For many years now, thousands of bloggers, writers, and such have chronicled the debacle that is the USEconomy. It is a joke. That fact has been well-established. We can liken it to a cancer. Not every section is influenced in the same manner or degree of severity, but all areas are affected somehow. This publication has struggled to stay firmly on the economic side of the fence and not delve into politics – especially the personal type of politics where Mr. X is the bad guy, but Mr. Y is the good guy. We have, however, entered the arena of geopolitics or the politics of nation vs. nation on many occasions because this is where the arena of battle happens to be.
Wednesday, April 26, 2017
Buying American, Losing America / Politics / US Economy
By: Dan_Steinbock
Recently, President Trump signed his “Buy American, Hire American” executive order. Ironically, while the stated goal is to put “America First,” the White House may actually subsidize old industries and undermine innovation.
Recently, President Trump traveled to Wisconsin to sign the “Buy American, Hire American” executive order, which seeks to crack down on fraud and abuse of the skilled worker (H-1B) visa program.
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Wednesday, April 05, 2017
Odd, Ominous Economic Trend in the US That Is Not Seen Anywhere Else in the World / Economics / US Economy
By: John_Mauldin
I’ve written about this previously, but there are 10 million American men of prime working age (25 to 54) who have simply dropped out of the workforce. And most of them have not only dropped out of the workforce, they have also dropped out from any commitments or responsibilities to society.
It is not just the labor force they are not participating in; they are not participating in the normal ebb and flow of community life.
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Tuesday, April 04, 2017
The Fake US Economic Recovery May Be Ending / Economics / US Economy
By: Chris_Vermeulen
The “real” Atlanta Fed’s reading of Q1 GDP went off a cliff to less than 1%:
No one has the slightest idea of what is happening as insane levels of debt distort the model’s which economists use to forecast the future economic trends. From here on out, there will be unpleasant surprises all the way around. According to shadow stats, the GDP is in contraction at the rate of -2%.
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Monday, April 03, 2017
Trump's Reflation Trade is Deflating / Economics / US Economy
By: Michael_Pento
The election of the 45th President brought with it great enthusiasm for the U.S. economy to break out of its eight-year growth malaise and to provide it with a huge adrenaline shot of inflation. But the optimism behind Trump's economic agenda took a serious blow with the inability of House Republicans to even get a vote on repealing and replacing Obamacare.
Sunday, April 02, 2017
Maybe The US Economic Recovery Wasn’t Real After All / Economics / US Economy
By: John_Rubino
For a while there it looked like the US and its main trading partners had finally achieved escape velocity. Growth was up, inflation was poking through the Fed’s 2% target, and most measures of consumer sentiment were bordering on euphoric.
Then it all started to evaporate. Lackluster manufacturing and consumer spending reports sent the Atlanta Fed’s reading of Q1 GDP off a cliff to less than 1%:
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Friday, March 24, 2017
Maps That Explain Why North America Economy Will Flourish / Economics / US Economy
By: John_Mauldin
BY GEORGE FRIEDMAN : The world has seen great change since the end of the Cold War. For much of the past two millennia, political, military, and economic strength has been based in Eurasia. And, since the 1500s, mostly in Europe.
This is no longer true.
Since the fall of the Soviet Union, the world’s one top power has been in North America. North America is now the center of the international political system. Mainly because of the power of the United States.
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Monday, March 20, 2017
Small Business Survey Says… Ignore the Hard Data at Your Peril / Economics / US Economy
By: Michael_Pento
Surveys of both consumers and businesses show there is an extreme level of confidence regarding future GDP growth. Consumer confidence is now at its highest level since 2001. Small and medium-sized business owners, the driving force of growth in the economy, appear downright giddy; as the NFIB Small Business Optimism Index recently soared to its highest level since 2004.Read full article... Read full article...
Monday, March 13, 2017
The U.S. Economy, Post-Payrolls & Pre-FOMC / Economics / US Economy
By: Gary_Tanashian
This week’s Notes From the Rabbit Hole included a little Payrolls/Wages related economic discussion before moving on to the usual coverage of stock markets, commodities, precious metals, bonds, currencies and related indicators and market internals. With FOMC on tap there will be more data noise directly ahead, but then I expect markets to smooth out into what is looking like a sensible short and intermediate-term plan.
Friday, February 24, 2017
The Whole US Economy Hangs In The Balance / Economics / US Economy
By: John_Mauldin
I have talked with many of the actors in the tax reform process—both in Congress and in think tanks. These discussions have served as the basis for my recent writing in Thoughts From the Frontline (subscribe here for free).
I’ve seen one point of agreement—the tax system must be massively reformed. That point, sadly, is where agreement ends.
Tax reform ideas usually fail because the status quo gives everybody some kind of perceived benefit. In reality, the benefit may be worth less than people think. But it’s preferable to the uncertainty of a new system.
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Tuesday, February 21, 2017
The Nexus Between Politics and Economics / Politics / US Economy
By: Michael_Pento
President trump made the following crucial statement on February 9th: "We're going to be announcing something I would say over the next 2 or 3 weeks that will be phenomenal in terms of tax." To be sure, the nucleus of the President’s economic plan is the simplification of the tax code. To get this accomplished means everything for the stock market. Without a reduction in tax rates the air compressor that has been blowing up equity prices to near record and unsustainable valuations will explode.
Monday, February 06, 2017
A Non-Existent US Economic Recovery! / Economics / US Economy
By: Chris_Vermeulen
Where is this economic boom that Former President Obama and his administration had taken so much credit for?
The Obama Administration, with the assistance of the Federal Reserve and Company, deliberately kept the U.S. economy from creating any growth at all. The money that flowed from the Federal Reserve, over the last 8 years, had a direct pipeline that flowed only into Wall Street Investment Banks. The American people were sold this false bill of sale that “Quantitative Easing” was going to make lending money to “Main Street America” easier to access. They promised that there would be a boost in hiring which would, in turn, increase aggregate demand and thereby reflect a newly stimulated economic growth!
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Friday, January 27, 2017
BEA Estimates US 4th Quarter 2016 GDP at 1.87% / Economics / US Economy
By: CMI
In their first (preliminary) estimate of the US GDP for the fourth quarter of 2016, the Bureau of Economic Analysis (BEA) reported that the US economic growth rate was +1.87%, down by nearly half (-1.66%) from the prior quarter.
The quarter to quarter decline in the headline growth rate came from a number of sources: the growth of consumer spending on services was more than halved (down -0.68%), exports went into contraction (off a dramatic -1.69%) and imports were down yet another -0.86%. Partially offsetting those declines were upticks in consumer spending on goods (up +0.34%), and increases in the growth rate for commercial fixed investment (+0.65%) and inventories (+0.51%).
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Monday, January 16, 2017
The US Economy Could Turn Around in 2017—Or Crash / Economics / US Economy
By: John_Mauldin
Markets have rallied since November on the expectation that Trump and the Republicans will quickly enact a growth-oriented economic agenda—including tax cuts, regulatory relief, and targeted economic stimulus projects.
As I talk to people involved in the transition, I am gaining more confidence that a good part of that agenda will actually be realized. It’s clear to me that the right people want it to happen, at least.
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Wednesday, January 11, 2017
10 Potential Black Swans and Opportunities for the US Economy in 2017 / Economics / US Economy
By: John_Mauldin
We’ve reached that wonderful time of year when financial pundits pull out their forecaster hats and take a crack at the future. This time the exercise is particularly interesting because we’re at several turning points. Any one of them could remake the entire year overnight.
I should probably say up front that I am actually somewhat optimistic about 2017—optimistic, meaning I think we will Muddle Through—but that’s a lot better outcome than I was expecting five months ago. However, midcourse corrections may be warranted.
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Thursday, December 08, 2016
Our Future Economy, Jobs, Banking, And Governance – Part2 / Economics / US Economy
By: Raymond_Matison
One Possible Outcome - Future demographic impact on the global economy
Developing or emerging nations are still growing in population, are at a much younger average age, and are eager to own more goods. They do not yet have the long life span seen in advanced nations, and hence a larger proportion of their population remains as consuming spenders. Their spending patterns will promote the kind of consumer economic model that had existed in the more developed world of Europe and North America in the last century. Accordingly, consumer spending of emerging nations can be projected to rise for decades.
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Monday, December 05, 2016
Here’s How We Can Avoid a Horrific Economic Future / Economics / US Economy
By: John_Mauldin
We have to face up to our economic reality.
If we don’t bring the budget deficit beneath the nominal growth rate of GDP (which is unlikely to go above 4% in the near future), our debt will explode during recessions; and we will ultimately face a debt crisis.
Those never end well. The choices we will have at that point will be far fewer and even more stark.
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Monday, December 05, 2016
Our Future Economy, Jobs, Banking, And Governance / Economics / US Economy
By: Raymond_Matison
Part 1. Our Past and Present Experience
World leaders, central bankers, leading politicians, and economists are all clamoring for increased economic growth. If growth falls below a perceived minimum rate, financial or fiscal stimulus programs are initiated and maintained in order to accelerate it. The concept for necessity of continued growth is so engrained in our society, that few question under what kind of conditions, when, why, and for whom it is necessary or beneficial. The populace has been brainwashed for decades to believe if economic growth slows that it will have meaningful negative consequences for our quality of life. Contrariwise, we have been falsely led to believe that if the economy grows rapidly, everyone benefits.
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Thursday, December 01, 2016
Burn the Flags, Can Trump Salvage The Sinking US Economic Ship? / Economics / US Economy
By: Jeff_Berwick
When Nobel Peace Prize winner, Barack O’Bomber, was sworn into office on January 20, 2009, the national debt was $10.62 trillion.
The United States currently has a national debt total of over $19.9 Trillion according to the US national debt clock as of the writing of this blog. That’s an astonishing 87% increase in less than an 8 year period.
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Thursday, December 01, 2016
US Economic Data - These Were Supposed To Be Hillary’s Numbers! / Economics / US Economy
By: John_Rubino
Good headlines just keep coming. The Chicago PMI index of Midwest economic activity jumps to its highest level in two years. The ADP employment report shows 216,000 new jobs added in November. US Q2 GDP growth is upgraded to a completely acceptable rate of 3.2%.
Very nice numbers all. And – had the election gone a different way – a big help in easing the transition from one Democrat administration to another. Success breeding success.
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