The US Congressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending....
Treasury Secretary Scott Bessent continually denies that tariffs will become a tax on consumers. When asked if the Trump administration was comfortable with the...
American businesses are losing confidence in the US economy under Trump due to the tariff wars. CNBC’s CFO Council quarterly survey for Q1 2025 learned that...
President Donald Trump is urging the Fed to cut interest rates to offset the inflation that will be caused by tariffs. “The Fed would be MUCH better off CUTTING...
Fed Chair Jerome Powell said he expects inflation to be “transitory,” a word reminiscent of America’s situation three years ago when the Fed repeatedly urged...
PRIVATE BLOG – MAGA version of the Shell Game Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...
Jerome Powell kept rates unchanged as our computer was projecting. However, he did weigh in on the state of the US economy, pointing out that Donald Trump’s...
COMMENT: Marty, it looks like Trump is aware of the ECM. The markets crashed right on cue with Socrates, and he refused to rule out a recession. What is most...
QUESTION: The criticism of your Economic Confidence Model has been that it oversimplifies complex economies, ignoring variables like policy changes or technological...
The insanity over the U.S. inflation data illustrates just how braindead analysis has become. The price of eggs grabbed a lot of headlines – up 15%. But supply...
