The United States “dethroned” Hong Kong this week to take the top spot as the World’s most competitive economy; further signaling a robust US recovery under President Trump and the recently passed GOP tax cuts. “The U.S. dethroned Hong Kong to retake first place among the world’s most competitive economies, thanks to faster economic growth […]
Janet Yellen Explains Why She Hiked In A 0.9% GDP Quarter…
It appears that, the worse the economy was doing, the higher the odds of a rate hike. Putting the Federal Reserve’s third rate hike in 11 years into context, if the Atlanta Fed’s forecast is accurate, 0.9% GDP would mark the weakest quarter since 1980 in which rates were raised (according to Bloomberg data)…
Stronger Economic Growth? Over My Dead Body, Says Janet Yellen…
The U.S. economy is weak. Very weak. But the Federal Reserve is planning to raise interest rates anyway. Why? Here’s what’s going on: According to the Atlanta Fed the US economy is expected to grow at a respectable 2.8 percent for the first quarter of 2017 That’s not bad considering that, for the entire year […]
Treasury Secretary Mnuchin on Economic Growth, Tax Policy…
Treasury Secretary Mnuchin covers budget, budgetary priorities, regulatory reform, tax simplification, middle class tax cuts, financial reform, the federal reserve and a ton more. Well worth your time to watch…
G20: Revamping Global Economic Governance…
When the Group of 20 (G20) leaders gather in China seeking a remedy for sluggish global economic growth, something equally consequential will also be on the table: revamping global economic governance…