Steve Mnuchin Becomes Trump’s Latest Target

With the economy appearing to sour, Treasury Secretary Steve Mnuchin is quickly becoming the President’s latest target of criticism.

The #TrumpShutdown Could Last For Weeks

Christmas is behind us, but don’t expect any progress when it comes to the government shutdown, which is in its fifth day.

Trump Takes Aim At The Federal Reserve Board

President Trump is now apparently on the warpath against the Federal Reserve Board Chairman he appointed only a year ago.

Trump and the Fed

Trump doesn’t understand (nor respect) the role of the Fed.

November Jobs Growth Falls Short Of Expectations

Jobs Growth in November was healthy but fell short of expectations.

Economic Storm Clouds On The Horizon

The economy is in good shape for the moment but there are storm clouds on the horizon.

Sooner Or Later, We Will Have A Recession

The current economic recovery is nearly ten years old. It isn’t going to last forever, though, and that could pose a problem for the GOP in 2020.

Yes, The GOP Lost The Midterms Because Of Trump

The evidence that the GOP lost the midterms because of public repudiation of President Trump is overwhelming. The GOP will either accept this and learn from it, or they will not.

G.D.P. Growth In Third Quarter Was Healthy, But Many Caveats Remain

The economy appears to have grown strongly in the third quarter, but concerns about long-term growth remain.

Federal Budget Deficit Heads Back Up Under Republican Rule

Nearly two years into Republican control of Washington, the budget deficit is headed back up.

Federal Budget Deficit Set To End Fiscal Year Near $1 Trillion, And Continue Growing

The Federal Budget Deficit is set to end the Fiscal Year close to $1 trillion, and to continue growing after that.

Violating Yet Another Norm, Trump Attacks The Federal Reserve

Donald Trump is now attacking his own appointee to head the Federal Reserve Board.

Initial Estimate Shows Economy Grew 4.1% In Second Quarter

The economy grew at an exceptionally strong pace according to the first estimate of GDP growth, but several caveats remain.

Whither the Fiscal Conservative?

Deficits continue to rise.

Trump Threatens To Up The Ante On His Trade War

The President is apparently getting ready to take yet another ill-advised step in his ill-advised, economically illiterate trade war.

June Jobs Growth Slightly Above Expectations, But Not Spectacular

Total nonfarm payroll employment increased by 213,000 in June and the unemployment rate rose to 4.0 percent.

National Debt Passes $21 Trillion Mark As Republican Budget Deficits Begin To Rise

The National Debt has passed $21,000,000,000,000 for the first time in history just as the nation begins its return to the era of trillion dollar budget deficits.

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Federal Government Set To Borrow $1 Trillion This Year

The Federal Government will borrow more than $1 trillion this year for the first time in more than a half-decade.

May Jobs Report Better Than Expected, But Still Not Great

May’s jobs report was stronger than the previous two months, but not entirely great.

Federal Reserve Not Worried About Economy Overheating

The Federal Reserve sees the economy staying relatively the same for the foreseeable future, which is both a good and bad thing.

Economic Growth Beats Expectations, But It’s Hardly Impressive

The first estimate of economic growth in the first three months of 2018 beat expectations slightly, but it doesn’t bode well for the immediate future.

The DJIA and a Potential Trade War

The DJIA (and other markets) are not too happy about all of this trade war talk.

March Jobs Report Falls Short Of Expectations

March’s Jobs Report fell far short of expectations.

A Booming Jobs Market For February

A better than expected jobs report for February, but wage growth slowed for the month.

Trump Announces New Tariffs On Steel And Aluminum

President Trump has announced that he’ll be imposing significant tariffs on steel and aluminum imports. This is an unwise decision.

The GOP Is Now The Party Of Deficits And Debt, But Then It Always Has Been

Republicans spent the eight years of Obama Administration railing against fiscal irresponsibility. Now that they have power, they’re the ones being fiscally irresponsible.

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Senate Reaches Budget Deal That Busts Budget Caps And Massively Increases Spending

Congress seems likely to pass a budget deal today that will massively increase spending, putting to rest once and for all the rank hypocrisy of Republicans when it comes to claims that they are “fiscally conservative.”

Live By The Markets, Die By The Markets

Donald Trump spent much of the past year touting the rising stock market, now he’s getting a lesson in reality.

November’s Jobs Report Is Strong, But There Are Caveats

November’s Jobs Report was stronger than expected, but there are several caveats to keep in mind.

Trump Lies 1,628 Times. The Truth Dies.

Since taking office, President Trump has made an average of 5.5 false claims per day.

Trump Nominates Jerome Powell To Head Federal Reserve Board

President Trump has selected Jerome Powell, a member of the Federal Reserve’s Board of Governors, to replace Janet Yellen as Chairman.

August Jobs Report Disappoints As It Fails To Meet Expectations

August’s Jobs Report came in below expectations.

A Good, But Not Great, Jobs Report For July

July’s jobs report beat expectations, but the underlying numbers aren’t entirely positive either.

Second Quarter Sees Modest Economic Growth In Initial Estimate

According to initial estimates, the economy grew at faster pace in the second quarter than at the beginning of the year, but it was hardly anything to write home about.

A Solid June Jobs Report Signals Bounce Back From Slump In May

The June Jobs Report was significantly better than what we saw in May but on the whole not different from what we’ve seen for the last three years or so.

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Federal Reserve Raises Rates For Third Time Since December

For the third time since December,, the Federal Reserve has raised interest rates.

A Mediocre May Jobs Report

May’s Jobs Report was mediocre, suggesting that the economy may be stagnating.

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First Quarter Economic Growth Better Than Initially Forecast, But Further Slowing Is Forecast

Economic growth in the first quarter wasn’t as bad as first estimated, but it still wasn’t very good. And the future is unclear at best.

Trump’s First Quarter GDP Numbers Aren’t Exactly Impressive

The first scorecard for President Trump’s first economic quarter in office isn’t exactly very good.

So Far, There’s No Sign Of A ‘Trump Bump’ In The Economy

So far, there’s no sign that Donald Trump is having much of an impact on the economy.

Federal Reserve Raises Interest Rates For Third Time In Fifteen Months

For only the third time since the Great Recession ended, the Federal Reserve Board has raised interest rates.

February Jobs Report Is Good, But Hardly Great

The first Jobs Report for the first full month of the Trump Presidency is out, but it’s nothing to write home about.

Janet Yellin Hints At Another Rate Increase This Month

Federal Reserve Board Chair Janet Yellin hinted strongly today that we’re likely to see another interest rate increase this month.

A Strong January Jobs Report, But Signs Of Possible Weakness Ahead

The first Jobs Report of 2017 saw healthy jobs growth in January, but there are signs we may be reaching a point where hiring could slow down.

December Jobs Report Reveals Tepid Jobs Growth

A tepid December jobs report tops off a tepid year.

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Government Reports Strong Economic Growth In Third Quarter, But It’s Unlikely To Last

The economy grew strongly in the third quarter of the year, but it doesn’t seem likely to last.

As Expected, Federal Reserve Raises Interest Rates For Second Time In Ten Years

The Federal Reserve Board raised interest rates for only the second time in a decade, but it still seems like it’s chasing an inflation monster that doesn’t exist.

Solid November Jobs Growth Seems To Guarantee Higher Interest Rates In December

Another month of solid but not spectacular jobs growth seems to guarantee that the Federal Reserve will increase interest rates this month.

September Jobs Report Reveals A Resilient, But Not Strong, Economy

The September Jobs Report continues to show an economy that is growing to some degree, but hardly growing as fast as it should be.