The United States has created half a million fewer jobs than the government previously reported. The economy had about 501,000 fewer jobs as of March 2019 than the Bureau of Labor Statistics initially calculated in its survey of business establishments.…

All of a sudden, it seems like the mainstream media just can’t stop talking about “the coming recession”.  If you go to Google News and type in the word “recession”, you will literally get dozens of articles from…

We haven’t seen anything like this since the Great Depression of the 1930s.  Leading up to this year, farm incomes had been trending lower for most of the past decade, and meanwhile, farm debt levels have been absolutely…

As the trade deficit continues to widen and President Donald Trump ramps up his rhetoric on China, one thing is for certain: the data points show that the United States is the loser in this trade war. There…

As was warned just days ago, if the Federal Reserve cut interest rates, it was a sing that we are heading into a recession.  On Wednesday, the Fed cut interest rates by 25 basis points to 2.5 percent. …

Things are starting to go downhill rather quickly now.  A day after the Federal Reserve cut interest rates for the first time in more than a decade, we received a whole bunch more bad economic news.  Most Americans don’t…

So there is a lot of buzz that the Federal Reserve is about to cut interest rates – and it might actually happen.  We’ll see.  But if it does happen, it will directly contradict the carefully crafted narrative…

But, but, but you are told by the administration that the economy is booming…. yes, booming with fiat currency, inflation, and more debt on your backs and your children’s and their children’s backs… just like the previous administrations…

The trucking industry is experiencing a “bloodbath.” So far in 2019, at least 2,500 truckers have lost their jobs as companies go bankrupt as a major recession indicator keeps going negative. According to Yahoo, six trucking companies have completely folded in…

Even though everything else seems to be going wrong, the stock market just continues to soar to new record highs.  In fact, the Dow Jones Industrial Average closed above 27,000 for the first time ever on Thursday.  Investors…

In the past year while we experienced a “booming economy”, one-third of Americans have cut their spending. For a country indoctrinated by a system that encourages spending and abhors savings, a survey by CNBC has shown that at least some…

Even though there is a tremendous amount of evidence to the contrary, the Federal Reserve continues to insist that the U.S. economy is in good shape.  On Wednesday, Federal Reserve Chair Jerome Powell told the nation that “the economy has…

Many Americans seem to think the alerting the public to the problems in the economy is “doom and gloom” and meant as “fear porn.” But regardless of your beliefs on the matter, the numbers show that a crash…

We continue to get more indications that U.S. economic conditions are going to deteriorate rapidly during the second half of this year.  Yesterday, I reported on a brand new survey which found that 69 percent of U.S. CFOs believe that a…

If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening.  According to payroll processing firm ADP, the U.S. economy only added…

The global economic slowdown is really starting to accelerate.  Just within the past few days, we have gotten more really awful global manufacturing numbers, the trade war has expanded to more nations, and the Nasdaq has officially entered…

These days, it seems like the “R word” is being thrown around constantly, but at this time last year everyone was celebrating how well the economy was doing. Unfortunately, we have witnessed a dramatic shift in recent months,…