Economy

“Federal Spending Hits Highest Level Since Bank Bailout and Obama Stimulus”

” The federal government spent $1,822,712,000,000 in the first five months of fiscal 2019, the most it has spent in the first five months of any fiscal year since 2009, which was the fiscal year that outgoing President George W.… Continue Reading…

Economy, Stocks

“The bond market is flashing its biggest recession sign since before the financial crisis”

“Federal Reserve Chairman Jerome Powell‘s assertion this week that the U.S. economy remains strong is facing a stern test from the bond market, which showed a classic recession sign Friday morning. Short-term government fixed income yields are now ahead of… Continue Reading…