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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Economic News Stays Positive

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...

Rapid Economic Growth Continues

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...

Employment Lags Rest of Economy Due to Government Unemployment Bonus

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...

U.S. Economy: Explosive Increase in Incomes and Spending Is Very Bad News

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...

Biden Tax Increase Proposal Hits Stock Market Hard, Kills Gains

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...

Surprising Drop in Long-Term Interest Rates Leads Strongly Positive Economic News

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...

Surprising Drop in Long-Term Interest Rates Leads Strong Economic News

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...

Economy Roars Back with Massive Job Gains

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...

Growth in First Quarter Falls Short of Expectations

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%...

Economy Continues to Improve Despite Disappointing Reports

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

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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