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.
Upcoming economic news for the nation should be mostly positive.
The Week That Was
Weekly employment data continue to improve. Initial weekly unemployment claims fell to 444,000 in the second week of May. This...
Friday's retail sales report showed no gain following the explosive increase in March. The economy continues to grow at a very rapid rate.
The Week That Was
Friday’s retail sales report showed sales in...
Today's employment numbers show jobs growing at only about a 2 percent annual rate. While most measures of the economy are booming, jobs are lagging because of attractive government payments for not...
Economic data shows an explosive increase in incomes and spending. The Fed confirms it intends to keep purchasing federal debt to keep the party going. The hangover will be awful.
The Week That...
President Joe Biden's proposal for tax increases halted the strong upward move in stock prices this week. The progressive economic agenda has always had predictable consequences, and none of them are good.
The...
Strong economic news and a surprising drop in longer-term interest rates add fuel to the bull market.
The Week That Was
This week’s economic reports confirm a sharp acceleration in business activity. The most...
Strong economic news and a surprising drop in longer-term interest rates add fuel to the bull market.
The Week That Was
This week’s economic reports confirm a sharp
acceleration in business activity. The most
dramatic sign...
Friday's jobs report shows the economy roared back in March with a massive gain of 780,000 private sector jobs. With new orders soaring, expect further gains in the months ahead.
The Week That...
The Week That Was
Today’s report on consumer spending and incomes in February show spending up at a 7% annual rate from the fourth quarter. Wages and salaries were up at a 5%...
Although the economic news this past week appeared disappointing, the economy continues to move ahead at a rapid pace.
The Week That Was
Last week I was expecting good economic news. With retail sales...
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.
