A tsunami retail store closings is headed our way courtesy of the weak US economy and pathetic 2% GDP growth. I thought Democrats did such a good job with the economy… NOT!
The CEO of EBAY just got done saying on CNBC, “I’m not sure all retailers will make it to the next holiday season.”
Bring Insight makes the argument that anyone currently invested in the Stock Market is Dancing with the Devil.
Bright Insight said, “The Stock Market closed at its HIGHEST LEVELS EVER! This is actually not a good thing, as the bubble is going to pop sooner rather than later – and crash incredibly hard. It is (Read More….)
Both the Fed and Wall Street analysts are forecasting a 3% GDP growth rate for Q3. After yesterday’s release of many economic reports, I would put the GDP growth rate for Q3 at 1.5% at most. Let’s look at yesterday’s economic releases on the charts.
The NY Empire manufacturing index came in at -2%. That (Read More….)
Donald Trump has correctly criticized the Federal Reserve for keeping interest rates low for Democrats. Yellen’s allegiance to Democrats is something I’ve been talking about for more than a year now.
Janet Yellen herself is a Democrat who was appointed by Obama. Remember how Yellen was questioned about why she was meeting with Democrats more (Read More….)
Across the country, the minimum wage is being raised. In 15 cities, across five different states, minimum wage increases went into effect on July 1, 2016.
Minimum wage increases are bad for the economy because they will result in fewer people having jobs.
In August of 2015, I did an economic video lesson on what (Read More….)