Commodities Forex News & Analysis

Obama’s Amnesty Further Fractures America

President Obama’s decision to ignore the law by granting de facto amnesty to millions of illegal immigrants brought to America as children and those who are parents of children with legal status was a terribly foolish act. It will only serve to exacerbate racial tensions. Polls indicate the overwhelming majority of whites view illegal immigration [...]

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Bull Market Has a Lot More Room to Run

Stocks are trading at record levels. Still the bull market could easily run equities up another 25 percent-even against the backdrop of slower economic growth abroad. The sagging fortunes of other advanced economies are mostly caused by structural problems that are unlikely to abate-in the European Union the rigidities imposed by a single currency, in [...]

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Obama’s Peculiar View of Economics and Law

President Obama has a peculiar approach to public policy. Listen to what the radical left wants, or political expediency requires, then make up the facts, twist economics and rewrite the law to suit. Here are four examples. 1. Obamacare

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Forecasts for the Weeks of November 17 and 24

Here are the forecasts for upcoming economic data.

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Obama Continues to Sell Out American Workers for Political Gain

The mid-term elections made clear American voters want Washington to better address high unemployment and stagnant wages. Yet, on issues ranging from energy to immigration to trade, President Obama continues to put politics ahead of strengthening American families.

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How GOP Congress Could Accommodate Obama’s Agenda

Getting elected is tough but for the new Republican majority in Congress, working with President Obama could prove downright daunting. After the drubbing Democrats took in the mid-term elections, the president oddly pronounced if the GOP has some ideas to fund more infrastructure investment, advance early childhood education or improve Obamacare, he is open to [...]

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Forecasts for the Weeks of November 10 and 17

Here are the forecasts for upcoming economic data.

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Lackluster Jobs Growth Continues

The economy added 214, 000 jobs in October. The pace has picked up over the last year, but it is still far short of the 400,000 per month needed to bring unemployment down to acceptable levels. The official jobless rate is 5.8 percent, down from its recession peak of 10 percent, but that has been [...]

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Growth, Jobs and the GOP

Having won control of Congress, the GOP must now put forward a clear program to create jobs and govern reasonably, lest it give Democrats the upper hand for the 2016 presidential election. In recent months, the economic growth has accelerated, but most economists don’t see the pace picking up enough to solve the nation’s shortage [...]

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GOP Congress Should Defend Economic Freedom to Restore Prosperity

With control of congress, Republicans could push to lower taxes and repeal the Affordable Care Act, but President Obama has the veto. Instead, a new GOP majority could launch an all-out assault on federal abuses of regulatory powers to defend economic freedom and restore prosperity. The American economy always had plenty of government meddling. However, [...]

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