It is the 23rd of October 2019

News

19 Facts That Prove Things In America Are Worse Than They Were Six Months Ago

While we all very capable of discerning the 'recovery' facts from the peddled recovery fiction throughout President Obama's reign...

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The Trade Wars Begin: China Retaliates To Steel Tariffs With Global Anti-Dumping Duties

When looking back in history, December 23, 2015 may be the date the global trade wars officially began. On that day, as we reported at the time, the U.S. imposed a 256% tariff on Chinese steel imports.

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The Curious Case Of "Strong" January Durable Goods: It Was All In The Seasonal Adjustment

Two weeks ago, when the strong retail sales report saved the US market from plunging below the critical 1,812 level, we peeked behind the headline of the just reported January retail sales report, and we found that far from the adjusted 3.4% Y/Y increase in retail sales, the actual, unadjusted, number was a paltry 1.4% shown in the chart below...

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