COMMENT: Mr. Armstrong, I’m blown away by your computer. How did it know about July and September of this year, which you told us about long ago!? We got...
Nine of the 12 Federal Reserve districts reported a decline in economic activity in August, up five districts from the July Beige Book report. Our system has warned...
COMMENT: Mr. Armstrong, I find it incorrigible that everyone now claims recession when they have never predicted a recession before. That was clear from the...
The Bureau of Labor and Statistics released its report for July, indicating a slight uptick in employment. It is difficult to trust BLS data after their latest data...
The U.S. economy added fewer-than-expected new jobs last month because most economists still refuse to comprehend that there is such a thing as the business cycle....
The Bank of Canada voted to cut rates by 25 bps to 4.25%, marking the third consecutive rate cut. Inflation has allegedly slowed to 2.5% as of July, and Governor...
QUESTION: What do you think of RFK’s sister? I can’t imagine her as a family member. GH ANSWER: Let me explain something that shocked me when I was a...
Before the evolution of the Industrial Revolution, Social Mobility truly did not exist. More often, one tended to follow in the footsteps of their family. Farmers...
The Bureau of Labor and Statistics has always been crafty with releasing data. The BLS consistently revises data from its monthly survey as it prefers to release...
Vice President Kamala Harris unveiled her first economic agenda – price controls. Reminiscent of the Soviet Union, Harris believes that the government should...
