Peter St Onge, Ph.D. is one of my favorite X personalities in the finance world. He just posted a great post, and it prompted me to do a little digging. I have also reached out […]
“Final sales to private domestic purchasers” jumped by 3.0%, on strength in the private economy of businesses and consumers. By Wolf Richter for WOLF STREET. A massive spike in imports, by far the worst ever, on tariff-frontrunning subtracted […]
Our Drunken Sailors are back at it, but in moderation, so to speak, their feathers largely unruffled by interest rates. By Wolf Richter for WOLF STREET. GDP, adjusted for inflation (“real GDP”), rose by an annualized rate of […]
By Wolf Richter for WOLF STREET. Tax receipts by the federal government in 2024 are shaping up to be pretty good. In 2023, Q1 and Q2 tax receipts were crappy because capital gains taxes had plunged because 2022 […]
Liabilities held by the public could exceed the country’s annual output as early as next year, according to the Congressional Budget Office US debt held by the public is expected to hit an all-time high […]
The economy is projected to expand much more rapidly this year than previously expected The IMF significantly has raised its growth forecast for the Russian economy in 2024 in its latest World Economic Outlook […]
The German economy faces an uphill challenge as recent economic data has revealed with its health dependent on a few pending factors. Euronews Business takes a look at some of them. Germany’s economy continues to […]
This is actually a very easy article to understand, a-political and non-partisan by any honest measure. Unfortunately, it’s becoming increasingly obvious that there’s a whole bunch of people in our energy-climate discussion that just won’t […]
This week one of the main highlights will take markets through what DB’s Jim Reid calls “a full on Back to the Future and Quantum Leap (his favorite show as a teenager) moment” as the-every-5-years […]
The BRICS economic bloc — comprising Brazil, Russia, India, China and South Africa — ended a three-day summit in South Africa on Thursday. It’s not often that a major international conference of national heads of […]
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