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.
Employment fell 310,000 in May, unemployment increased 400,000, or from 3.3 percent to 3.7 percent, signaling economic weakness.
The Week That Was
On a positive note, Friday's strong May payroll employment report shows private...
Consumer spending and personal income remain steady, suggesting the Fed will continue to worry more about inflation than recession.
The Week That Was
Friday's report on April spending and income did not indicate either a...
There is widespread confusion over the strength or weakness in the economy. We continue to expect weakness to develop.
The Week That Was
Retail sales in April rebounded slightly from March, but they still...
Financial markets remained stable last week amid the lack of any significant economic developments.
The Week That Was
The most reliable short-term inflation measure is the core consumer price index (CPI), which remained at...
Stocks continue to meander up and down without a meaningful trend. There is widespread expectation the Fed will pause its interest rate hikes at its next meeting and cut rates this summer.
Don't...
After nine months of monetary restraint, economic reports in April have provided the first signs the economy is slowing.
The stock market, which often looks three to six months ahead, peaked at the...
Stocks continue to meander up and down without a meaningful trend. There is widespread expectation the Fed will pause its interest rate hikes at its next meeting and cut rates this summer.
Don't...
There is a lot of new data on the economy, but unfortunately the numbers provide little clarity on key issues.
The Week That Was
Friday’s report on March spending and incomes showed a slowdown...
There is a lot of new data on the economy, but unfortunately the numbers provide little clarity on key issues.
The Week That Was
Friday’s report on March spending and incomes showed a slowdown...
As often happens, the economy is giving mixed signals. Friday's April S&P survey showed economic output and inflation moving higher. Other factors, however, show significant weakness in the economy after ten months...
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.
