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Inflation Fears Send Consumer Sentiment Plunging to a Record Low in Early June
“Consumer sentiment plunged to a record low in early June and is consistent with prior recessions. Inflation is a driver of weakening consumer attitudes and contributing to elevated risks. The outlook is highly uncertain.” ~ Robert Hughes
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Review: Scott Atlas’s A Plague Upon Our House
“Dr. Atlas’ analysis of the US’s COVID-19 response is masterful. This book offers great explanations and evidence to clarify COVID-related misunderstandings and falsehoods. His accounts of working in DC are shocking and enlightening for readers skeptical about federal suggestions on combating the pandemic.” ~ Raymond J. March
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AIER’s Everyday Price Index Rises a Record 12.8 Percent Over the Last 12 Months
“AIER’s Everyday Price Index rose 2.1 in May led by energy prices, pushing the 12-month gain to a record high. Sustained price pressures, a new Fed tightening cycle, the Russian invasion of Ukraine, and lockdowns in China remain threats to the economic outlook.” ~ Robert Hughes
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CEOs like the Late Jack Welch Embody the Endless Possibilities of Capitalism
“Gelles wrote of how Welch’s career was ‘defined by devotion to maximizing short-term profits at any cost.’ Where have we heard that one before? If you’re looking for originality, this is the wrong book.” ~ John Tamny
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Making Sense of Monetary Policy and the Future of Inflation
“The expansion of circulating currency has diminished to rates comparable to pre-pandemic lows. These factors and the current state of business inventories suggest that inflationary pressures are likely near their limit.” ~ James L. Caton
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