We all love rising wages, but it is rising wages that will cause the next recession and Bear market. Below is a chart of labor costs (red) versus corporate profits (blue).
Pension funds in the US could be close to a collapse. There is an estimated $1.9 trillion shortfall in U.S. state and local pension funds because of low-interest rates and
The ObamaCare lie that health care premiums would fall for hard working Americans is so insidious, I fully expect Democrats and Clinton to lose to Trump in November. Here is Obama
Last week was a big week for trader psychology with multiple economic reports showing the US economy was not in free fall. The Fed Funds Futures market is pricing in
The non-farm payrolls number came in at an incredible 287,000 jobs created in June. The shocking June non-farm payrolls report has some serious problems though that seem to suggest it