Recession? Where? Not here in America. During the five-day period between Thanksgiving and Cyber Monday 196.7 million Americans shopped until they dropped, the largest number since the National Retail Federation started gathering such data in 2017. The economy grew at an annual…
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Ho, Ho or Oh, Woe, depending on which Americans you talk to now that the holiday season is upon us. Some 55 million Americans gave up the peace and…
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There are times when anecdotes trump data, make things clearer than abstract statistics can. This is one such time. The boss of a company that is losing…
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Republicans have a problem. Donald John Trump intends to run in 2024 for what he calls his third term after causing an electoral disaster for…
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The Federal Reserve Board’s monetary policy committee announced last week the fourth consecutive 0.75% increase in its benchmark interest rate, bringing…
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Cognitive dissonance, the ability of have inconsistent beliefs, seems to go with the job of running a major US financial institution. As you read this…
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This is not your grandfathers’ trade war. Trade wars of old broke out when one nation, say America, was importing too many shoes from China at prices so…
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Last week more numbers relating to the US job market and inflation descended on us. They were picked over, and those that suited some preconception were…
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Irwin Stelzer- This Week in Economics, and Next