Recession Now or Stagflation Forever

September 13, 2024 The labor market is clearly weakening. But in reality, this is what needs to happen. Short-term pain is needed to reconcile the great imbalances created by decades of free money. The alternative is intractable inflation that renders the middle class...

Powell’s Rate Cuts Won’t Be a Panacea

August 30, 2024 While the long-anticipated recession still lies ahead of us, the fact remains that the US economy is anemic and getting weaker. Therefore, it is imperative to be aware of the reasons why those predicting any sort of economic rebound should be extremely...