economics


GDP Report Continues To Defy Recession Forecasts

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Despite the Fed’s intervention, several risks to economic growth remain. The Q2 GDP report, while positive, revealed certain vulnerabilities that could threaten future growth, even with lower rates...


UK To Unveil "Most Significant Package Of Employment Reforms In A Generation"

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It is yet another sign that economies are making a huge departure from the old paradigm, where workers in developed countries saw their middle-class status eroded by decades of neoliberal policies...

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German Sour Grapes

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Despite Germany’s grapes being sour, it was Germany that voted against the levy of tariffs on EV’s imported from China...


David Stockman On Why Biden-Harris Could Not Print, Borrow, Or Spend Their Way To A Strong Economy

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...there is nothing organic, natural, sustainable or strong about the GDP numbers currently being posted... notwithstanding all the Biden-Harris boasting to the contrary.


Goldman Finds Inconvenient Truth About Bidenomics Just Weeks Before Presidential Election

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We've become a nation of Walmart shoppers...


"Something Went Totally Nuts" At BLS But Labor Market Indicator Still Strongly Suggests Recession

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...the September jobs report is more than a bit screwy...


China Is Successfully Driving A Wedge Between European Politicians

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What if European politicians secretly agreed to vote in such a way that a) the tariffs would be passed; and b) those countries with a big reliance on exports to China can vote against, so that any retaliation will focus on less-vulnerable sectors?


"The 40-Year Bull Market In Bonds Ended": Exclusive ZH Debate With Fleckenstein, Rosenberg, Bianco

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"The long-term economic cycle turned in 2020..."


Poland Now Has More Gold Reserves Than The UK

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NBP head Glapiński made sure to note Poland's credibility and solvency, even with a war going on next door...


Behind Today's Stunning Jobs Report: A Record Surge In Government Workers

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Dig deep enough and you will always find the buried bodies.


"Guns And Butter" Is Back

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...a complicit Fed and Treasury make both not only possible, but the norm...


EU Slaps Up To 45% Tariff On Chinese-Made EVs As "Economic Cold War" Risks Soar 

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"Today, the European Commission's proposal to impose definitive countervailing duties..." 


Biden Scolds Ocean Carriers For Not Paying Dockworkers "Fair" Wages

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President Joe Biden broke his silence on the labor dispute between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) by accusing employers of hoarding profits...


Panic-Buying Already Spreading As Dockworker Strike Gets Underway

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As union dockworkers began striking against employers at East and Gulf Coast ports early Tuesday morning, reports of panic-buying at supermarkets almost immediately started spreading across social media...


ADP Employment Report Shows Strong Rebound In Jobs

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...not exactly a 50bps-rate-cut-inspiring print!


Job Openings Unexpectedly Jump Over 8 Million On Record Surge In Construction Job Openings

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The bullshit from the Biden labor department just won't end.


US Manufacturing Surveys Signal Stagnation, Employment Weak

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"Factories reported the largest monthly drop in production for 15 months in response to a slump in new orders, in turn driving further reductions in employment..."


This Is A Slow-Motion Nationalization Of The Economy

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"Many of you may believe that bad policies and careless government spending are to blame, but I think this is intentional..."


The Democrats' "Kudzu Economy"

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The left's Kudzu economy perversely denigrates increasing prosperity and promotes scarcity in the name of collective virtue...


Port Employers Seek NLRB Injunction Against Longshore Union

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USMX in NLRB filing charges ILA with unfair labor practices