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.
Today's retail sales report shows sales up at a 9 percent annual rate in September. By most measures, the economy continues to grow rapidly as we enter the fourth quarter.
The Week That...
Today's employment report shows the U.S. economy remained strong last month. Private sector payrolls, hours worked, and weekly earnings were all strong. A sharp decline in government jobs (good news) substantially reduced...
Stocks suffered their worst weekly losses this year. Although futures markets point to rebound, the correction in the market may still have a way to go.
The Week That Was
Today’s report on August...
Yesterday's business survey points to a moderate slowing in business activity in September due to supply-side problems. The Fed's latest report indicates the central bank is convinced monetary inflation is transitory even...
With little by way of significant economic news, the stock market has drifted moderately lower. Monetary policy remains expansive. As long as the Fed reaffirms its commitment to low interest rates, the...
Today's report shows wholesale prices continued to increase at close to a 9 percent annual rate in August. This is well above what the Fed anticipated. The Fed is almost certain to...
Today's employment report shows job gains in August were much slower than in the previous two months. Businesses somehow continue to produce more in spite of the severe shortage of available workers.
The...
Today's report on spending in July shows the economy continued to grow at a rapid pace, with inflation at 4 percent to 5 percent. Data this coming week are likely to show...
Stocks have moved lower as concerns over a spike in Covid and other problems emerge. None of these concerns are justified. Although the downward move in stock prices can continue, I expect...
The Fed continues to pump more money into the economy while the stock market, business activity, and inflation all move higher. Conditions are fairly stable at present, but there are warning signs...
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.
