Robert Genetski, Ph.D., one of the nation’s leading economists and financial advisors, has spent more than 35 years promoting the use of classical economic and investment principles for sound financial decisions. He heads ClassicalPrinciples.
Stocks dropped this week and the markets continue to suffer as negative psychology is overwhelming the stimulating effect of the continuing increase in liquidity.
The Week That Was
Housing activity remains very strong. Housing...
Inflation continues to outstrip wage gains, but sales are up, and the economic fundamentals remain mixed.
The Week That Was
Today’s December retail sales report shows December sales fell 1.9% from November. These data...
Stocks were down from their high this week, interest rates moved sharply higher, but are still lower than the inflation rate. Minutes of the last Fed meeting show some members want to...
Happy New Year!
The Week That Was
Most economic data show business activity continued close to the rates in the third quarter GDP report. Hence, the year ended with spending increases of 8 percent...
Editor’s Note: There are no important economic reports coming out while Robert Genetski is taking a Christmas vacation, he says in his final report for 2021.
The Week That Was
The Fed intends to...
The U.S. Federal Reserve Board (Fed) meets today. Tomorrow it will announce its monetary policy decisions. Chairman Jerome Powell has already indicated the Fed will accelerate its tapering plan to cease buying...
Today's inflation numbers show consumer prices rose at a 10% annual rate in November. After removing the impact of food and energy, inflation was still at a 6% annual rate. The Fed...
Today's unexpectedly low job numbers are consistent with other indicators. They point to real growth in the vicinity of 2 percent to 3 percent as the economy wraps up 2021. The immediate outlook...
Stocks took an early holiday this past week. There were only minor shifts. The S&P500 was typical of a market at rest.
The Week That Was
The flood of economic numbers this past week...
Weekly unemployment numbers continue to trend lower.
The Week That Was
Early November initial weekly unemployment claims were 267,000, down slightly from October’s 287,000. The early November number of people receiving insured unemployment payments...
Robert Genetski, Ph.D., one of the nation’s leading economists and financial advisors, has spent more than 35 years promoting the use of classical economic and investment principles for sound financial decisions. He heads ClassicalPrinciples.
