Robert Genetski

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.
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Genetski: Economic Fundamentals Are Mixed

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...

Genetski: Fed Minutes Cause a Stir, with Tightening in View

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...

Genetski: Year Closes with Inflation, Stocks, and Employment Up

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...

Genetski: The Fed Will Begin Tightening in the Spring

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...

Fed to Announce Monetary Policy Changes Tomorrow: Too Little, Too Late

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...

Genetski: Inflation Is Not Under Control

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...

Low Job Growth, Higher Prices Mark Sharp Economic Downturn

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...

Economic Numbers Confirm Weakness in Real Growth

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...

U.S. Economy Continues Upward Climb

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...

As Inflation Hits 30-Year High, Chinese Economic Problems Could Hammer U.S. Economy

The Fed's highly expansive monetary policy is driving the demand for everything, including stocks. The Week That Was Inflation soared higher in October. Producer prices for finished goods were up 1½ percent. Oil prices were...

Robert Genetski

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.

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