More Negative Data For The U.S.!

Good day… And a Tom Terrific Tuesday to you! Well, I was wrong… (Mark that down!) I thought we would be up and running with the email version of the Pfennig yesterday… But there’s more “tweaking” that has to be completed first, so… This remains the only way to view...

The Most Important Invention From Every U.S. State

In almost 250 years of history, the U.S. has been responsible for many inventions that have made a considerable impact on the world. Everyone knows about the big ones, like the internet, the airplane, or the credit card, but there are literally thousands of other...

A new tool for gauging the U.S. economic cycle

We have argued before that structural forces have fostered a low-growth and low interest rate environment in the post-crisis period. Yet lower potential growth doesn’t imply the current U.S. economic expansion, one of the longest in the post-war period, is fragile or...