ASIA: Chinese President Xi Jinping made a rare statement Wednesday about his country’s aims to achieve its economic goals for the year. Investment analysts have cut their forecasts for China’s...

https://www.armstrongeconomics.com/wp-content/uploads/2022/06/DeSantis-on-Vaccines.mp4   My computer had forecast that Florida would be the best state to migrate to 6 years ago. I ran the studies on hurricanes. Everything came up roses. We...

Jerome Powell recently admitted that combating inflation will lead to rising unemployment. Powell admitted that to establish price stability, the labor market will need to take a hit. “I would...

Powell addressed Congress on Wednesday to curb inflation fears. The Fed is stuck between a rock and hard place right now as some must lose in order for the situation...

ASIA: Some Bank of Japan board members were concerned that excessive currency volatility could disrupt corporate business plans, minutes of the bank’s April meeting showed, highlighting the challenge for policymakers...

Kamala Harris has done nothing to improve the lives of Americans during her time as vice president. It comes as no surprise that her approval rating is between 39% and...

Sales of new single-family homes rose in May, rising 10.7 percent to 696,000 at a seasonally-adjusted annual rate from a 629,000 pace in April. The May gain follows a 12.0...

The final June results from the University of Michigan Surveys of Consumers show overall consumer sentiment plunged to a new record low (see first chart). The composite consumer sentiment decreased...

I had never even heard of HBO’s The Wire until it was already off the air, available only on DVDs. I quickly acclimated to its documentary-like style, and devoured all...

John Maynard Keynes with Kingsley Martin As news headlines have reported, the US economy today suffers its worst inflation in two generations. Not coincidentally, US public debt is also at...