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Michael Busler

Michael Busler



May 23, 2022
Michael Busler: Target and Walmart Poor Earnings Signal Recession Ahead
Last week, both Target and Walmart, two of the nation's largest retailers, released their financial data for their first quarter. Both had large decreases in profit, even though sales increased.


May 13, 2022
Michael Busler: Inflation Pauses - But Will Get Even Hotter This Summer
The Bureau of Labor Statistics released the inflation report for the month of April on its Consumer Price Index (CPI), showing it increased by 0.3%. That means the inflation rate for the prior 12 months dropped from 8.5% to 8.3%. Unfortunately, this pause is temporary.The...


May 5, 2022
Michael Busler: Fed Action, Once Again, Way Too Little & Way Too Late
At its May 4 meeting, the Fed decided to raise the Federal Funds rate by half a percentage point, or 50 basis points (BPS). That's the largest single rate hike in 22 years.


Apr 28, 2022
Michael Busler: Welcome to the Biden Stagflation
The Bureau of Economic Analysis just released its estimate for GDP growth in the first quarter of 2022. Real GDP declined at an annual rate of 1.4%. Since inflation is running at an 8.5% annual rate, the US has entered a period of stagflation.


Apr 18, 2022
Michael Busler: Price Gouging Is a Myth
President Biden as well as other Democrats in Congress say that the increase in the price of gasoline is due to oil companies "price gouging."


Apr 12, 2022
Michael Busler: Inflation Soars in March. Even Higher Inflation Coming.
The Bureau of Labor Statistics just released the monthly change in the Consumer Price Index (CPI) for March. The CPI increased by a whopping 1.2%. That raises the inflation rate for the last 12 months to 8.5%.


Apr 4, 2022
Michael Buser: Biden's Gas Policy? Right Idea, Wrong Action
President Biden announced that he will release one million barrels of oil form the strategic reserve each day for the next 180 days in order to increase the supply.


Mar 28, 2022
Michael Busler: Billionaire Tax is Wrong, Unfair and Counter-Productive
President Biden has just released his proposal for the Federal government's budget for fiscal year 2023. In spite of an overheated, highly inflationary economy, Biden proposes a budget with a more than $1 trillion deficit and calls for a wealth tax on the very wealthy.

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