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Dollar Bolstered by Highest US ISM Manufacturing Figure Since 2004

Daily FX, Released on 9/4/18 August’s manufacturing index reading is the highest figure since May 2004 and the 112th month of consecutive growth for the U.S. economy. Continue……

Italy on collision course with EU over budget deficit

Reuters, Released on 9/3/18 Key Politicians in the Italian coalition government said they will seek leeway from the EU to increase 2019’s budget deficit Continue……

Real Estate So High People Living in their Cars in California

Armstrong Economics, Released on 9/2/18 A very interesting issue has emerged in California. The price of real estate rose so high that the median price for a home reached Continue……

More Emerging Market Chaos – How Long Before It Spreads To The Developed World?

Dollar Collapse, Released on 8/30/18 Emerging market chaos is now front page news. Let’s start with Argentina, where the peso has resumed its plunge: It’s hard for developed world readers…

Almost half of Americans can’t pay for their basic needs

CBS News, Released on 8/28/18 Wages aren’t rising fast enough to offset rising household costs and that’s leading many to struggle financially Continue……

US consumer confidence rises to 18-year high

AP News, Released on 8/28/18 Consumer confidence in August rose to the highest level in almost 18 years as consumers views of current conditions improved further and their expectations Continue……

Small Business Ownership Among Black Americans Jumps 400% Since Trump’s Election

Zero Hedge, Released on 8/15/18 The number of black-owned small businesses in America rose by 400% in a year-over-year time period from 2017 to 2018. Continue……

Chicago’s New Idea to Fix Its Pension Deficit: Take On More Debt

Wall Street Journal, Released on 8/23/18 Chicago’s proposed $10 billion bond would be largest pension obligation bond ever issued by a city in the United States. Continue……