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Robert Hughes

Consumer Sentiment Remained Weak in November

“Consumer sentiment fell in November and remains at recessionary levels. Inflation expectations ticked down, and long-run expectations remain well anchored.” ~ Robert Hughes

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Robert Hughes

Weekly Initial Claims Hit a Fourteen-Week High

“Weekly initial claims rose to the highest level since August, and job cut announcements rose in October. Rapid price increases and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes

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Robert Hughes

New Home Sales Rose in October, But the Outlook Remains Cautious

“New-home sales rose in October, but so did prices and inventory. High prices, bloated inventory, and elevated mortgage rates suggest a poor outlook.” ~ Robert Hughes

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Robert Hughes

Nominal Durable-Goods Orders Posted a Strong, Broad-based Gain in October

“Durable-goods orders rose in October though growth in real durable-goods orders remains modest.” ~ Robert Hughes

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Doug Bandow

The Wages of Washington’s Economic War on China Are Not Cheap

“To make up lost revenue, the US industry may become more dependent on government largesse and ultimately less vibrant and dominating. Ultimately, making policy more like China risks turning US industry into something more like China’s.” ~ Doug Bandow

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Peter C. Earle

Bob Chapek, Patient Zero in the Shareholder Backlash Against Wokentainment?

“The firing of Disney CEO Bob Chapek is the first major backlash against years of wasteful, stakeholder-driven management. Hopefully, this is the first of many more such battles between woke corporate managers and shareholders.” ~ Peter C. Earle

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George Leef

Time to Rethink University Accreditation

“Even though some accreditors might be better than others, there is no reason to keep any of them as gatekeepers for student aid.” ~ George Leef

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