Venezuela is Spiraling Downward Quickly

Have you seen the projected inflation rate in Venezuela? It is expected to increase 481% this year and by a staggering 1,642% next year. That’s right. Those numbers are correct. The report is from new estimates released Tuesday by the International Monetary Fund. It’s a scary time for Venezuela. The IMF…

What We are Watching on the Economic Calendar This Week

  There’s a lot of data out there this coming week and here’s what we are playing close attention too: 1. U.S. retail sales report This wee the Commerce Department will publish data regarding November retail sales at 8:30AM EST Friday. The forecast will show more than likely that retail sales…