The U.S. economy contracted by 0.5 percent in January through March, not the 0.2 percent originally estimated, the Commerce Department reported.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – Jul 1 2025
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ECONOMIC UPDATE—MARKET OVERVIEW
We said it before and we will say it again. Never in our 45 years of trend forecasting have we forecast a year of a Wild Card. Day-by-day, hour-by-hour, minute-by-minute the Wild Cards are being played.
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TRUMP’S MASSIVE TAX CUTS ENRICH THE RICH
The theory goes like this: massive tax cuts on businesses and the rich will unleash such a flood of investment, spending, and productivity that the cuts will not only pay for themselves but render budget surpluses as far into the future as the eye can see.