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.
Although today's report shows retail sales were weak at the end of last year, they remain up from both a year ago and from their peak. Despite weakness in several areas, the...
Prices are rising rapidly. For the six months ending in November, consumer prices rose at a 4 percent annual rate. The Fed will correctly point out how this is a makeup for prior declines. However, in December oil prices rose by 4 percent and commodity prices were up 2 percent. The value of the dollar fell by 3 percent.
If the economy continues to soar throughout this coming year, as I expect it will, the upward pressure on prices will continue.
With 98 percent of the vote in, Democrat Jon Ossoff is leading his Georgia Senate race by a net margin of 0.4 percent, with Raphael Warnock having already been declared the winner...
Total wages and salaries in November were slightly above their peak in January. After adjusting for inflation, wages matched their peak. Total personal income and real disposable income were 3 percent above their prior peaks.
In contrast, consumer spending was 2 percent below its peak and spending after inflation was 3 percent below its peak.
With incomes slightly above and spending slightly below peak levels, it appears the overall economy has fully recovered even as pockets of weakness remain.
I have been criticized for commenting on issues surrounding COVID-19 without being an expert on infectious diseases. My comments on the virus involve assessing the different views of those who are medical...
Three days ago, Dr. Pierre Kory, head of an international association of doctors specializing in treating COVID-19 patients, testified before Congress. His group of doctors says they now have a protocol that provides the most effective means of both preventing and treating COVID-19. Dr. Kory says no one has to be infected by COVID-19 any longer, much less die of the disease.
The video of his emotional testimony is here. The protocol uses Ivermectin Oral, a widely used medicine for treating parasites. Dr. Kory’s group says it is safe and inexpensive. The guide to his group and their protocol can be found here.
I have been criticized for claiming there are numerous signs fraud occurred in the 2020 election. I am far from alone in this understanding: a Rasmussen poll shows 47 percent of the...
Employment growth slowed in November. However, business surveys show demand is strong, with employers complaining about a shortage of qualified workers. With rising demand and strong new orders, job numbers should catch up with the rest of the economy.
The latest economic numbers show business activity in the United States soared in November despite the rising concern over COVID. The economy is about to hit new highs. Expect the momentum to continue into next year.
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.
Prices are rising rapidly. For the six months ending in November, consumer prices rose at a 4 percent annual rate. The Fed will correctly point out how this is a makeup for prior declines. However, in December oil prices rose by 4 percent and commodity prices were up 2 percent. The value of the dollar fell by 3 percent.
If the economy continues to soar throughout this coming year, as I expect it will, the upward pressure on prices will continue.
Total wages and salaries in November were slightly above their peak in January. After adjusting for inflation, wages matched their peak. Total personal income and real disposable income were 3 percent above their prior peaks.
In contrast, consumer spending was 2 percent below its peak and spending after inflation was 3 percent below its peak.
With incomes slightly above and spending slightly below peak levels, it appears the overall economy has fully recovered even as pockets of weakness remain.
I have been criticized for commenting on issues surrounding COVID-19 without being an expert on infectious diseases. My comments on the virus involve assessing...
Three days ago, Dr. Pierre Kory, head of an international association of doctors specializing in treating COVID-19 patients, testified before Congress. His group of doctors says they now have a protocol that provides the most effective means of both preventing and treating COVID-19. Dr. Kory says no one has to be infected by COVID-19 any longer, much less die of the disease.
The video of his emotional testimony is here. The protocol uses Ivermectin Oral, a widely used medicine for treating parasites. Dr. Kory’s group says it is safe and inexpensive. The guide to his group and their protocol can be found here.
Employment growth slowed in November. However, business surveys show demand is strong, with employers complaining about a shortage of qualified workers. With rising demand and strong new orders, job numbers should catch up with the rest of the economy.
The latest economic numbers show business activity in the United States soared in November despite the rising concern over COVID. The economy is about to hit new highs. Expect the momentum to continue into next year.
