Category: Global Economics

The GDPNow model is back in its typical pattern of reacting to economic news in a far more volatile manner…

I was quite fond of Necco wafers as a kid. Others compare the candy to chalk or drywall.

The Spanish parliament finally had enough of the corrupt regime of Mariano Rajoy.

Jobs exceeded expectations and the unemployment rate edged lower to 3.8% as the participation rate fell.

The FT says the political crisis is all but over. I suggest otherwise.

Trump has been itching for a global trade war ever since he took office. He just confirmed one.

The Five Star + Lega coalition is back in place. Italy’s president Sergio Mattarella likely has little choice this time.

The BEA reports real disposable income rose 0.2% while real spending rose 0.4%.

Jim Puplava thinks a liquidity crisis is on the horizon. I agree, adding that the problem is global.

Sergio Mattarella’s appointment of an IMF technocrat to head Italy is about to backfire on him miserably.