In the 21st Century, Credit Growth = Economic Growth In the United States, when Total Credit grows by less than 2% (adjusted for inflation), the country goes into recession. That happened nine times between 1952 and 2009. Therefore, it is very important to monitor and forecast Credit Growth. During the first quarter of this year, […]
In the 21st Century, Credit Growth = Economic Growth Read More »
Fed leaves rates unchanged. The Federal Reserve held interest rates steady in a decision announced Wednesday that came along with a tepid outlook on the coronavirus-plagued economy. In a move widely expected, the central bank kept its benchmark overnight lending rate anchored near zero, where it has been since March 15 in the early days
Fed leaves rates unchanged. Read More »
Gold sets record high Gold prices have soared to a record high, with investors rushing to find safe places to park their money as concerns grow about a resurgence in the coronavirus and the impact that could have on the global economy. Gold hit $1,944 per ounce earlier on Monday, beating its previous record of
Gold sets record high Read More »
According to the U.S. Debt Clock, the federal debt has now grown to more than $26 trillion. As US debt increases, the US Dollar continues to slide, down -3.17 YTD.
U.S. Debt Climbs, Dollar Falls. Read More »
