By This Measure, US Unemployment Is About To Surge

Major inflection points in consumer spending intentions have been a clear leading indicator to what awaits the US unemployment rate, and according to the latest data, Unemployment is set to spike to 5% in the coming months.

  • Oct 14, 2019 4:50 PM

Fed Chair Powell's Inescapable Contradiction

“This feels very sustainable.” – Fed Chair Jerome Powell, Oct 8, 2019

"...troubles in the subprime housing market will be contained." - Fed Chair Ben Bernanke, May 17, 2007.

  • Oct 11, 2019 8:57 AM