Dr. Rasmus identifies weakening retail sales and business inventories as sources of US GDP sharply slowing later this year. Trump’s tariffs as only opening skirmish…
Federal Reserve Bank of New York
Dr. Rasmus continues the review of the Federal Reserve Bank, showing how the private banks today control the Fed more than ever in recent decades.…
The critics of Obamacare have been proven right. The Obama administration promised that health insurance premiums would go down. Instead, they have absolutely skyrocketed. The…
When it comes to collecting on student loans, the U.S. Department of Education treats college dropouts the same as Ivy League graduates: They just want…
You don’t have to be a math wizard to understand the Obama administration’s just announced $4.15 trillion budget proposal for the 2017 fiscal year, but…
Much has been written and broadcast over the past few weeks in the financial media and the business pages of general-interest newspapers debating the wisdom…
Jack Rasmus discusses the US Federal Reserve’s decision to keep interest rates near zero and keep free money to banks and speculators flowing. Jack explains…
America has experienced "gush-up" rather than "trickle-down." The shame is on the adherents of unregulated free-market capitalism, who have assaulted us with the message of…
If you live outside of New York City, you’ve never heard of the Partnership for New York City. Even if you live inside New York…
Live by central bank liquidity; die by central bank liquidity. That could well become the mantra for a bond market that, after years of support…
Surging student-loan debt represents a key risk to the economy’s expansion because wage gains are failing to keep up, according to Beth Ann Bovino, U.S.…
What in the world are the elite up to? In recent days, we have learned that the New York Fed is moving a lot of…