ECONOMICS

Submitted by Dhaval Joshi via BCAResearch.com,

President Trump is hosting Prime Minister Starmer in the White House today. Yet the most pressing issue that they will likely not discuss is that both the US and the UK are staring down the barrel of what I have called a ‘mini-stagflation’ – a period of inflation stuck well above 2 percent combined with slowing growth. 

Meanwhile, in the euro area and Japan, the pre-pandemic era of ‘too low’ inflation is well and truly over (more…)

Submitted by Jim Bovard

High inflation spurred Donald Trump’s defeat of Kamala Harris last November. The economy was the top issue for most voters, and inflation was the top economic issue. As Biden’s partner in economic crime, Harris could not escape the blame for the torpedoing of the dollar’s value in recent years.

Inflation occurs when the government prints excessive currency, resulting in more money chasing the same amount of goods and services. Nobel Laureate economist  (more…)

A recession is imminent…

The Atlanta Fed's GDPNOW model  – forecasting US economic growth – just downgraded its estimate of Q1 2025 GDP growth (or lack of it) from +2.3% to -1.5%…

After recent releases from the US Bureau of Economic Analysis and the US Census Bureau, the nowcast of the contribution of net exports to first-quarter real GDP growth fell from -0.41 percentage points to -3.70 percentage points while the nowcast of first-quarter real personal consumption (more…)