How Much Has the Chinese Economy Grown?

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According to The South China Morning Post, the Chinese economy grew at 6.2% in the second quarter of 2019 on a year over year basis. That was the lowest growth…

What’s Happened to U.S. Trade?

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According to the Commerce Department, U.S. manufacturers have moved some of their supply chains away from China in 2019, increasing imports from Taiwan that are up 22%, and India, which…

How Do We Measure Inflation?

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The government measures inflation in eight major categories, and then weights them to produce an overall CPI index, or consumer price index.  The consumer price index is a measure of…

Are Home Prices Really Rising?

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According to the National Association of Realtors, the median sales price of existing homes sold in the United States, in June of 2019, was $285,700, which was a record price.…

Who Are Our Foreign Investors?

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According to the Treasury Department, foreign investors held $6.55 trillion of US Treasuries at the end of May of 2019, which is the highest level ever. Japan replace China as…

Can There Be Growth Despite a Lowered Debt Rating?

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It was approximately eight years ago, on August 5th, 2011, when I was in Chicago's O'Hare Airport when it was announced, that the Standard & Poor's had downgraded the US…

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