As I explained in my last article, the wonderful Bidenonomic economy has been dominated by inflation that was first historical and now simply persistent. Since his swearing in, our purchasing power has officially decrease of about 19%. The cost of living has risen even more… Data from the Department of Labor confirms that housing, energy … Read more
The latest figure was a 35 percent increase over the 646 recorded last May. It was also the highest monthly figure since April 2022, when 930 bankruptcy filings were filed. In the first five months of the year, 3,797 bankruptcies were registered, an increase of 25 percent compared to 3,031 registered in the same period … Read more
The release of June Purchasing Managers’ Index (PMI) data shows signs of economic acceleration, with a reading of 54.6 beating economists’ expectations of 53.5. JPMorgan Asset Management Global Market Strategist Jack Manley joins Catalysts to discuss his (^DJI, ^IXIC, ^GSPC) market outlook in light of this data. Manley expressed frustration with the market’s prevailing “good … Read more