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Posts Tagged: “soft landing“
ADP Logs Surprise 33,000 Job Drop
Hiring hit the brakes in June, with the ADP National Employment Report showing U.S. private-sector payrolls shrinking by 33,000 positions—the first monthly contraction of 2025. Goods makers managed to eke out modest gains, but service industries bled jobs, and small businesses took the biggest hit. Wages, meanwhile, kept climbing faster than the official inflation gauges, […]
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Inflation Persists As Fed Signals Rate Cuts
The U.S. Bureau of Labor Statistics (BLS) recently released two inflation reports highlighting inflation figures for December 2023. Here’s what they showed:
Fed Rate Cuts Won’t Save the Economy
October CPI coming in cooler than expected ramped up expectations that the Federal Reserve is at the end of its inflation fight. In fact, many analysts now expect the Fed to begin cutting interest rates in 2024. Looking at the bigger picture, inflation’s apparent retreat boosted mainstream belief that the economy will glide to a […]
“Resilient” American Consumers Cutting Back Spending, Running Up More Debt This Holiday Season
Holiday shoppers plan on cutting back on spending and piling on even more debt this year, and nearly a quarter of Americans still haven’t paid off their debt from last year’s holiday spending spree. These were just a few revelations in a recent WalletHub survey that indicates American consumers aren’t quite as “resilient” as pundits […]
Peter Schiff: A Soft Landing Is Impossible
The latest buzzword in the mainstream financial media is “soft landing.” Everybody seems convinced the Fed has beaten inflation, and that it has completely avoided pushing the economy into a recession. According to the mainstream narrative, we may see a bit of an economic slowdown in the months ahead, but a recession is pretty much […]
The Dangerous Myth of a Soft Landing
The Federal Reserve has pushed interest rates to over 5%. At the most recent FOMC meeting, it indicated that it may have to hold rates higher for longer. But the mainstream remains unconcerned. The narrative is that the Fed has successfully raised rates to fight inflation and is now guiding the economy to a “soft […]