ValueSide: Recent Episodes
David Reavill
Our mission is to provide you with a unique insight into the trends and events that move our financial markets. We're sometimes controversial, sometimes not. But there are no products to be sold here, nor commissions to be made. Our only hope is that we may provide you with a new perspective on our Global Financial World.
This morning I had quite a shock when I opened my trash bill. Now, for nearly 20 years I've hauled my trash bin down to the curb, where the trash truck picks it up. And for all those 20 years, the bill has remained pretty close to the same. Oh, there've been some slight increases here and there, but nothing like I saw today.
It's been 10 months since "Liberation Day." The Day that President Donald Trump issued tariffs on the world. Today, Friday, February 20, 2026, the United States Supreme Court issued its ruling striking down Trump's use of the "International Emergency Economic Powers Act (IEEPA) as an authority reserved for Congress.
The Pentagon likely instructed the President to curtail all additional Russian-supplied arms to Venezuela, because there is one weapon that is of utmost concern for the US Military. That weapon is the growing number of hypersonic missiles Russia has developed. Among those, Hypersonic is the sea-based Zircon, as well as the seven-year-old, battle-tested Kinzhal.
Imagine a situation where nearly four cents of every dollar you earn is taken away, charged as a tax, yet contributes nothing. As a citizen, this charge provides no services, no schools, no national defense, no social services; in the words of economist Lacy Hunt, it is simply a "dead weight loss."
Perhaps the most regrettable aspect of our debates on public policies is our tendency to over-simplify. After all, much of the debate occurs in the media or on the internet, where brevity is prized. Does it fit into a 30-second soundbite? Or a 180-charter tweet?
Perhaps the most regrettable aspect of our debates on public policies is our tendency to over-simplify. After all, much of the debate occurs in the media or on the internet, where brevity is prized. Does it fit into a 30-second soundbite? Or a 180-charter tweet?
Perhaps the most regrettable aspect of our debates on public policies is our tendency to over-simplify. After all, much of the debate occurs in the media or on the internet, where brevity is prized. Does it fit into a 30-second soundbite? Or a 180-charter tweet?
Perhaps the most regrettable aspect of our debates on public policies is our tendency to over-simplify. After all, much of the debate occurs in the media or on the internet, where brevity is prized. Does it fit into a 30 second soundbite? Or a 180 charter tweet?
Since the end of World War II, America has been on the "warpath," a series of regional wars stretching around the globe: first the Korean Police Action, then Vietnam, more recently the Iraq incursion, and this past weekend, the bombing of Iran. These are just the highlights of what has become a steadily growing list of direct and indirect (Ukraine) military incursions into the affairs of opposing sovereign nations.
Since the end of World War II, America has been on the "warpath," a series of regional wars stretching around the globe: first the Korean Police Action, then Vietnam, more recently the Iraq incursion, and this past weekend, the bombing of Iran. These are just the highlights of what has become a steadily growing list of direct and indirect (Ukraine) military incursions into the affairs of opposing sovereign nations.
Since the end of World War II, America has been on the "warpath," a series of regional wars stretching around the globe: first the Korean Police Action, then Vietnam, more recently the Iraq incursion, and this past weekend, the bombing of Iran. These are just the highlights of what has become a steadily growing list of direct and indirect (Ukraine) military incursions into the affairs of opposing sovereign nations.
Since the end of World War II, America has been on the "warpath," a series of regional wars stretching around the globe: first the Korean Police Action, then Vietnam, more recently the Iraq incursion, and this past weekend, the bombing of Iran. These are just the highlights of what has become a steadily growing list of direct and indirect (Ukraine) military incursions into the affairs of opposing sovereign nations.
The answer to that question will be readily apparent to those of a certain age, but a total enigma to our younger fellows. During the entire period of the Cold War, which lasted for more than 40 years from the post-war years until the fall of the Soviet Union in 1992, the overwhelming threat was from a Soviet Nuclear Bomb.
The answer to that question will be readily apparent to those of a certain age, but a total enigma to our younger fellows. During the entire period of the Cold War, which lasted for more than 40 years from the post-war years until the fall of the Soviet Union in 1992, the overwhelming threat was from a Soviet Nuclear Bomb.
The answer to that question will be readily apparent to those of a certain age, but a total enigma to our younger fellows. During the entire period of the Cold War, which lasted for more than 40 years from the post-war years until the fall of the Soviet Union in 1992, the overwhelming threat was from a Soviet Nuclear Bomb.
The answer to that question will be readily apparent to those of a certain age, but a total enigma to our younger fellows. During the entire period of the Cold War, which lasted for more than 40 years from the post-war years until the fall of the Soviet Union in 1992, the overwhelming threat was from a Soviet Nuclear Bomb.
One such market does exist. It's the Foreign Exchange Market (FOREX). On this market, the US Dollar trades against all the other currencies in the world. The St. Louis Federal Reserve tracks the Weekly movements of the US Dollar Index (Nominal), which is available to everyone.
One such market does exist. It's the Foreign Exchange Market (FOREX). On this market, the US Dollar trades against all the other currencies in the world. The St. Louis Federal Reserve tracks the Weekly movements of the US Dollar Index (Nominal), which is available to everyone.
One such market does exist. It's the Foreign Exchange Market (FOREX). On this market, the US Dollar trades against all the other currencies in the world. The St. Louis Federal Reserve tracks the Weekly movements of the US Dollar Index (Nominal), which is available to everyone.
One such market does exist. It's the Foreign Exchange Market (FOREX). On this market, the US Dollar trades against all the other currencies in the world. The St. Louis Federal Reserve tracks the Weekly movements of the US Dollar Index (Nominal), which is available to everyone.
On Friday, June 13 (remember the Jewish day begins at sundown), Israel attacked Iran. In an audacious move, the IDF managed to hit selected nuclear enrichment facilities, as well as assassinate several Iranian military leaders and atomic scientists.
The back-and-forth volley of ballistic and hypersonic missiles, as well as drones and fighter jets, continues, with both sides indicating that this will be a long war lasting many days and perhaps weeks.
On Friday, June 13 (remember the Jewish day begins at sundown), Israel attacked Iran. In an audacious move, the IDF managed to hit selected nuclear enrichment facilities, as well as assassinate several Iranian military leaders and atomic scientists.
The back-and-forth volley of ballistic and hypersonic missiles, as well as drones and fighter jets, continues, with both sides indicating that this will be a long war lasting many days and perhaps weeks.
On Friday, June 13 (remember the Jewish day begins at sundown), Israel attacked Iran. In an audacious move, the IDF managed to hit selected nuclear enrichment facilities, as well as assassinate several Iranian military leaders and atomic scientists.
The back-and-forth volley of ballistic and hypersonic missiles, as well as drones and fighter jets, continues, with both sides indicating that this will be a long war lasting many days and perhaps weeks.
On Friday, June 13 (remember the Jewish day begins at sundown), Israel attacked Iran. In an audacious move, the IDF managed to hit selected nuclear enrichment facilities, as well as assassinate several Iranian military leaders and atomic scientists.
The back-and-forth volley of ballistic and hypersonic missiles, as well as drones and fighter jets, continues, with both sides indicating that this will be a long war lasting many days and perhaps weeks.
Today, we’ll take a bird’s-eye view of the economy to gain perspective on President Trump’s Economic Policies in light of the Administration’s Budget Proposal, the “Big, Beautiful Bill, now being debated in the US Senate.
Today, we’ll take a bird’s-eye view of the economy to gain perspective on President Trump’s Economic Policies in light of the Administration’s Budget Proposal, the “Big, Beautiful Bill, now being debated in the US Senate.
Today, we’ll take a bird’s-eye view of the economy to gain perspective on President Trump’s Economic Policies in light of the Administration’s Budget Proposal, the “Big, Beautiful Bill, now being debated in the US Senate.
Today, we’ll take a bird’s-eye view of the economy to gain perspective on President Trump’s Economic Policies in light of the Administration’s Budget Proposal, the “Big, Beautiful Bill, now being debated in the US Senate.
On April 2, 2025, “Liberation Day,” President Donald J. Trump presented the world with his list of tariffs to be applied to virtually all nations. This was the climax of a process that he had begun a couple of weeks before. He aimed to reduce the annual trade deficit that the United States has endured for years.
On April 2, 2025, “Liberation Day,” President Donald J. Trump presented the world with his list of tariffs to be applied to virtually all nations. This was the climax of a process that he had begun a couple of weeks before. He aimed to reduce the annual trade deficit that the United States has endured for years.
On April 2, 2025, “Liberation Day,” President Donald J. Trump presented the world with his list of tariffs to be applied to virtually all nations. This was the climax of a process that he had begun a couple of weeks before. He aimed to reduce the annual trade deficit that the United States has endured for years.
On April 2, 2025, “Liberation Day,” President Donald J. Trump presented the world with his list of tariffs to be applied to virtually all nations. This was the climax of a process that he had begun a couple of weeks before. He aimed to reduce the annual trade deficit that the United States has endured for years.
For most of us, COVID feels like a thousand years ago. Vague memories of lockdowns, social distancing, and mask-wearing haunt our memories. Something we would as soon forget.
However, for the financial world, the lingering effects of COVID remain very real, impacting our finances daily.
For most of us, COVID feels like a thousand years ago. Vague memories of lockdowns, social distancing, and mask-wearing haunt our memories. Something we would as soon forget.
However, for the financial world, the lingering effects of COVID remain very real, impacting our finances daily.
For most of us, COVID feels like a thousand years ago. Vague memories of lockdowns, social distancing, and mask-wearing haunt our memories. Something we would as soon forget.
However, for the financial world, the lingering effects of COVID remain very real, impacting our finances daily.
For most of us, COVID feels like a thousand years ago. Vague memories of lockdowns, social distancing, and mask-wearing haunt our memories. Something we would as soon forget.
However, for the financial world, the lingering effects of COVID remain very real, impacting our finances daily.
Some of your actions have confused me lately. Three times, I’ve voted for “Trump for President,” and I thought I had a pretty good idea of your finances. However, recently, it’s become apparent that you may be experiencing some financial difficulties and are compelled to take up some part-time work.
Some of your actions have confused me lately. Three times, I’ve voted for “Trump for President,” and I thought I had a pretty good idea of your finances. However, recently, it’s become apparent that you may be experiencing some financial difficulties and are compelled to take up some part-time work.
Some of your actions have confused me lately. Three times, I’ve voted for “Trump for President,” and I thought I had a pretty good idea of your finances. However, recently, it’s become apparent that you may be experiencing some financial difficulties and are compelled to take up some part-time work.
Some of your actions have confused me lately. Three times, I’ve voted for “Trump for President,” and I thought I had a pretty good idea of your finances. However, recently, it’s become apparent that you may be experiencing some financial difficulties and are compelled to take up some part-time work.
Over the weekend, Treasury Secretary Bessent and President Trump suggested that the solution to Walmart’s higher prices is simply to have Walmart pay for the new tariffs.
Over the weekend, Treasury Secretary Bessent and President Trump suggested that the solution to Walmart’s higher prices is simply to have Walmart pay for the new tariffs.
Over the weekend, Treasury Secretary Bessent and President Trump suggested that the solution to Walmart’s higher prices is simply to have Walmart pay for the new tariffs.
Over the weekend, Treasury Secretary Bessent and President Trump suggested that the solution to Walmart’s higher prices is simply to have Walmart pay for the new tariffs.
We are the world champions in consumption, mainly due to an outstanding group of retailers that serve our every need. Names like Walmart, Target, and Home Depot provide us with the goods and products that are the envy of the world.
We are the world champions in consumption, mainly due to an outstanding group of retailers that serve our every need. Names like Walmart, Target, and Home Depot provide us with the goods and products that are the envy of the world.
We are the world champions in consumption, mainly due to an outstanding group of retailers that serve our every need. Names like Walmart, Target, and Home Depot provide us with the goods and products that are the envy of the world.
We are the world champions in consumption, mainly due to an outstanding group of retailers that serve our every need. Names like Walmart, Target, and Home Depot provide us with the goods and products that are the envy of the world.
However, for many, life comes with a different perspective, a unique way of seeing things. For the 1.4 billion Catholics around the world, all that came into focus yesterday, May 8. The College of Cardinals elected a new Pope, Pope Leo XIV.
However, for many, life comes with a different perspective, a unique way of seeing things. For the 1.4 billion Catholics around the world, all that came into focus yesterday, May 8. The College of Cardinals elected a new Pope, Pope Leo XIV.
However, for many, life comes with a different perspective, a unique way of seeing things. For the 1.4 billion Catholics around the world, all that came into focus yesterday, May 8. The College of Cardinals elected a new Pope, Pope Leo XIV.
However, for many, life comes with a different perspective, a unique way of seeing things. For the 1.4 billion Catholics around the world, all that came into focus yesterday, May 8. The College of Cardinals elected a new Pope, Pope Leo XIV.
It’s been a month since “Liberation Day,” the day that President Donald J. Trump announced that we would emerge from the oppression of foreign manufacturing. For years, the President declared, we’ve been “ripped off” by the Chinese and others who have moved American jobs to their shores, producing the goods and products that you and I consume daily.
It’s been a month since “Liberation Day,” the day that President Donald J. Trump announced that we would emerge from the oppression of foreign manufacturing. For years, the President declared, we’ve been “ripped off” by the Chinese and others who have moved American jobs to their shores, producing the goods and products that you and I consume daily.
It’s been a month since “Liberation Day,” the day that President Donald J. Trump announced that we would emerge from the oppression of foreign manufacturing. For years, the President declared, we’ve been “ripped off” by the Chinese and others who have moved American jobs to their shores, producing the goods and products that you and I consume daily.
It’s been a month since “Liberation Day,” the day that President Donald J. Trump announced that we would emerge from the oppression of foreign manufacturing. For years, the President declared, we’ve been “ripped off” by the Chinese and others who have moved American jobs to their shores, producing the goods and products that you and I consume daily.
Relatively few investors are day traders, yet most of the technical market indicators are computed daily. This leads to a very myopic perspective — it’s like driving a car with a microscope. You’ll eventually see the oncoming traffic, but it may be after you crash.
Relatively few investors are day traders, yet most of the technical market indicators are computed daily. This leads to a very myopic perspective — it’s like driving a car with a microscope. You’ll eventually see the oncoming traffic, but it may be after you crash.
Relatively few investors are day traders, yet most of the technical market indicators are computed daily. This leads to a very myopic perspective — it’s like driving a car with a microscope. You’ll eventually see the oncoming traffic, but it may be after you crash.
Relatively few investors are day traders, yet most of the technical market indicators are computed daily. This leads to a very myopic perspective — it’s like driving a car with a microscope. You’ll eventually see the oncoming traffic, but it may be after you crash.
For over half a century, China has produced items that American consumers want to buy, from early, inexpensive toys and gadgets to today’s high-tech personal computers, smartphones, and advanced equipment and machinery.
For over half a century, China has produced items that American consumers want to buy, from early, inexpensive toys and gadgets to today’s high-tech personal computers, smartphones, and advanced equipment and machinery.
For over half a century, China has produced items that American consumers want to buy, from early, inexpensive toys and gadgets to today’s high-tech personal computers, smartphones, and advanced equipment and machinery.
For over half a century, China has produced items that American consumers want to buy, from early, inexpensive toys and gadgets to today’s high-tech personal computers, smartphones, and advanced equipment and machinery.
For over a millennium, the Chinese Merchant has been the most revered and feared force in the Far East. They are revered for their wide array of trade goods and products, but feared as agents of control and subjection. Throughout Southeast Asia, China exerted its political control over countries like Korea and Vietnam by first using humble Merchants to infiltrate each society.
For over a millennium, the Chinese Merchant has been the most revered and feared force in the Far East. They are revered for their wide array of trade goods and products, but feared as agents of control and subjection. Throughout Southeast Asia, China exerted its political control over countries like Korea and Vietnam by first using humble Merchants to infiltrate each society.
For over a millennium, the Chinese Merchant has been the most revered and feared force in the Far East. They are revered for their wide array of trade goods and products, but feared as agents of control and subjection. Throughout Southeast Asia, China exerted its political control over countries like Korea and Vietnam by first using humble Merchants to infiltrate each society.
For over a millennium, the Chinese Merchant has been the most revered and feared force in the Far East. They are revered for their wide array of trade goods and products, but feared as agents of control and subjection. Throughout Southeast Asia, China exerted its political control over countries like Korea and Vietnam by first using humble Merchants to infiltrate each society.
What is apparent is that the price of many of the products and goods we rely on will have substantially higher costs, resulting from increasing tariffs. Or, in the most extreme cases, it may not be available at all. Potential shortages should be our primary focus.
What is apparent is that the price of many of the products and goods we rely on will have substantially higher costs, resulting from increasing tariffs. Or, in the most extreme cases, it may not be available at all. Potential shortages should be our primary focus.
What is apparent is that the price of many of the products and goods we rely on will have substantially higher costs, resulting from increasing tariffs. Or, in the most extreme cases, it may not be available at all. Potential shortages should be our primary focus.
What is apparent is that the price of many of the products and goods we rely on will have substantially higher costs, resulting from increasing tariffs. Or, in the most extreme cases, it may not be available at all. Potential shortages should be our primary focus.
It’s easy for Investment outsiders to underestimate the pressure to perform on
Wall Street. From the largest Mutual or Hedge Fund Manager (with the greatest
AUM) to the lowest regional Stock Broker, the demand to produce solid returns
year after year is intense. It’s the reason many financial professionals hang up
their careers prematurely.
It’s easy for Investment outsiders to underestimate the pressure to perform on
Wall Street. From the largest Mutual or Hedge Fund Manager (with the greatest
AUM) to the lowest regional Stock Broker, the demand to produce solid returns
year after year is intense. It’s the reason many financial professionals hang up
their careers prematurely.
Investors' concern is palpable. This week, stocks declined sharply, especially after Wednesday's rollout of President Trump's Tariff Program. The decline in the NASDAQ Index has been especially pronounced, which, up to now, has been leading the markets to higher prices. However, a careful review of this index shows that this week was merely the exclamation point of an ongoing decline.
Investors' concern is palpable. This week, stocks declined sharply, especially after the roll-out of President Trump's Tariff Program on Wednesday. Especially pronounced has been the decline in the NASDAQ Index, which, up to now, has been leading the markets to higher prices. But a careful review of this Index shows that this week was merely the exclamation point of what has been an ongoing decline.
Investors' concern is palpable. This week, stocks declined sharply, especially after the rollout of President Trump's Tariff Program on Wednesday. Especially pronounced has been the decline in the NASDAQ Index, which, up to now, has been leading the markets to higher prices. But a careful review of this Index shows that this week was merely the exclamation point of what has been an ongoing decline.
On April 2, 2025, from the White House Rose Garden, President Donald Trump announced the third era of American Tariffs. It was a much-anticipated event, with the global financial world holding its collective breath. Seemingly, no one knew the details of these new taxes on imports.
On April 2, 2025, from the White House Rose Garden, President Donald Trump announced the third era of American Tariffs. It was a much-anticipated event, with the global financial world holding its collective breath. Seemingly, no one knew the details of these new taxes on imports.
For anyone who's ever had a bank loan, from a credit card to a home mortgage, you know the chill that runs up your spine at the mention of a phone call from your favorite bank lender. The thought that you've missed a payment, or even if you're late, brings in all the ramifications of a loss in credit score, or, even worse, a hefty penalty or, worst still, a foreclosure.
I first heard the term "Helicopter Money" in November 2002 when a trader friend of mine called and said, "Did you hear what that new guy on the Fed said last night? He said we should drop money, as if from a helicopter if we ever get as bad as the Japanese. LOL!"
On Wednesday, March 19, the Federal Reserve Open Market Committee made its latest decision on interest rates: "Steady as she goes," said the Fed, a succinct decision that led to one of the shortest Fed statements in recent memory.
We started following Warren Buffett's cash position a year ago. At the time (the end of 2023), he had accumulated $163 Billion, an unheard-of sum. Many felt that the “Oracle from Omaha” had reached his limit, that he'd gone as far as he would. However, it turned out that Buffett had only just begun raising cash. By the end of 2024, Berkshire Hathaway's cash position had risen to $334 Billion—incredible!
We started following Warren Buffett's cash position a year ago. At the time (the end of 2023), he had accumulated $163 Billion, an unheard-of sum. Many felt that the “Oracle from Omaha” had reached his limit, that he'd gone as far as he would. However, it turned out that Buffett had only just begun raising cash. By the end of 2024, Berkshire Hathaway's cash position had risen to $334 Billion—incredible!
A growing number of analysts on Wall Street are calling for a slowing economy—perhaps not an outright recession, but enough of a slowdown to cause headaches for the bankers. With as much debt as we have in the financial system, read "loans" from banks, even a tiny increase in slow payments or defaults can mean big trouble for banks.
A growing number of analysts on Wall Street are calling for a slowing economy—perhaps not an outright recession, but enough of a slowdown to cause headaches for the bankers. With as much debt as we have in the financial system, read "loans" from banks, even a tiny increase in slow payments or defaults can mean big trouble for banks.
The United States was founded upon the principle of limited Government, the concept that no power or authority should have absolute control over its citizens. This is most often seen in our tripartite division of the President, Congress, and the Courts. However, the division of power between the Federal Government in Washington and the various state governments is equally essential.
The United States was founded upon the principle of limited Government, the concept that no power or authority should have absolute control over its citizens. This is most often seen in our tripartite division of the President, Congress, and the Courts. However, the division of power between the Federal Government in Washington and the various state governments is equally essential.
The United States was founded upon the principle of limited Government, the concept that no power or authority should have absolute control over its citizens. This is most often seen in our tripartite division of the President, Congress, and the Courts. However, the division of power between the Federal Government in Washington and the various state governments is equally essential.
This extensive reorganization of the Federal Government presents us all with the opportunity to unite as a nation, support each other, and perhaps even regain the initial self-sufficiency that marked our nation's founding.
This extensive reorganization of the Federal Government presents us all with the opportunity to unite as a nation, support each other, and perhaps even regain the initial self-sufficiency that marked our nation's founding.
This extensive reorganization of the Federal Government presents us with the opportunity to unite as a nation, support each other, and perhaps even regain the initial self-sufficiency that marked our nation's founding.
Massive amounts of capital have been "stolen" from our children and grandchildren in the form of debt to be paid by them...
If you enjoyed this podcast, please consider buying me coffee.
Go to:
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Massive amounts of capital have been "stolen" from our children and grandchildren in the form of debt to be paid by them...
If you enjoyed this podcast, please consider buying me coffee.
Go to:
https://buymeacoffee.com/davidreavill
Thanks for listening!
Massive amounts of capital have been "stolen" from our children and grandchildren in the form of debt to be paid by them...
If you enjoyed this podcast, please consider buying me coffee.
Go to:
https://buymeacoffee.com/davidreavill
Thanks for listening!
Massive amounts of capital have been "stolen" from our children and grandchildren in the form of debt to be paid by them...
If you enjoyed this podcast, please consider buying me coffee.
Go to:
https://buymeacoffee.com/davidreavill
Thanks for listening!
If you enjoyed this podcast, please consider buying me a cup of coffee.
Go to:
https://buymeacoffee.com/davidreavill
Thanks for listening!
If you enjoyed this podcast, please consider buying me a cup of coffee.
Go to:
https://buymeacoffee.com/davidreavill
Thanks for listening!
If you enjoyed this podcast, please consider buying me a cup of coffee.
Go to:
https://buymeacoffee.com/davidreavill
Thanks for listening!
If you enjoyed this podcast, please consider buying me a coffee.
Go to:
https://buymeacoffee.com/davidreavill
Thanks for listening!
At the height of last year's Presidential Campaign, then-Senate Majority Leader Chuck Schumer wrote to the Congressional Budget Office (CBO) asking them to estimate the effects of the Trump Tariffs. At the time, Candidate Trump promised to impose tariffs on many of our nation's most significant trading partners, especially China.
At the height of last year's Presidential Campaign, then-Senate Majority Leader Chuck Schumer wrote to the Congressional Budget Office (CBO) asking them to estimate the effects of the Trump Tariffs. At the time, Candidate Trump promised to impose tariffs on many of our nation's most significant trading partners, especially China.
So when Elon Musk began assembling his DOGE Team, he skipped over the standard accountants and analysts that most financial managers would recommend. You see, DOGE was tasked with examining the vast reaches of our Federal Government's agencies and departments, many of which far exceed the normal levels of a major corporation or financial entity.
With every move he makes to streamline Government and remove waste, Donald Trump reduces the Fiscal Stimulus. It's an overdue process that is essential for America's long-term financial viability. We can only wish him well; it won't be without pain
With every move he makes to streamline Government and remove waste, Donald Trump reduces the Fiscal Stimulus. It's an overdue process that is essential for America's long-term financial viability. We can only wish him well; it won't be without pain
The newly introduced DOGE Department Of Government Efficiency has taken the most significant step in providing the average citizen with a minute-by-minute update on the financial condition of America. It's impossible to overstate the long-term effect this will have on our Government's budgets and spending.
The newly introduced DOGE Department Of Government Efficiency has taken the most significant step in providing the average citizen with a minute-by-minute update on the financial condition of America. It's impossible to overstate the long-term effect this will have on our Government's budgets and spending.
Imagine a world where everyone was guaranteed an annual salary, not-for-profits, hospitals, schools, and universities didn't have to worry about their budget, and even corporations would receive income. This has been the dream of collectivists for generations. In their thinking, it would eliminate some of the basic limitations of capitalism, inequality, deprivation, and want. In short, this new economy would be heaven on earth.
Imagine a world where everyone was guaranteed an annual salary, not-for-profits, hospitals, schools, and universities didn't have to worry about their budget, and even corporations would receive income. This has been the dream of collectivists for generations. In their thinking, it would eliminate some of the basic limitations of capitalism, inequality, deprivation, and want. In short, this new economy would be heaven on earth.
For over two centuries, America has been the home of entrepreneurs—lone inventors or small teams that created the technological and economic breakthroughs that built this great country.
For over two centuries, America has been the home of entrepreneurs—lone inventors or small teams who created the technological and economic breakthroughs that built this great country.
Introduction: Recently, I've been asked about the recent drop in Nvidia's price. As a market leader, what are the potential negatives for investors? Generally, those who ask these questions underestimate the degree of uncertainty and variability that current financial conditions present. So, in an effort to explore where we are today, here is a hypothetical puzzle. Hopefully, this will give some insight into the Market's Momentum in light of Nvidia's crash.
Introduction: Recently, I've been asked about the recent drop in Nvidia's price. As a market leader, what are the potential negatives for investors? Generally, those who ask these questions underestimate the degree of uncertainty and variability that current financial conditions present. So, in an effort to explore where we are today, here is a hypothetical puzzle. Hopefully, this will give some insight into the Market's Momentum in light of Nvidia's crash.
Sunday's overnight Stock Futures were in turmoil. Everything was being sold—across the board, nothing but red. I furiously began to search for the reason behind this knee-jerk reaction.
Sunday's overnight Stock Futures were in turmoil. Everything was being sold—across the board, nothing but red. I furiously began to search for the reason behind this knee-jerk reaction.
For months now, Wall Street has lived on the hopes and aspirations of a new technology, Artificial Intelligence. AI promised to take these highly profitable companies to the next level. The big six were already the most valuable financial assets on the globe. Three were valued at over $3 trillion, (Nvidia, Apple, and Microsoft) two over $2 Trillion (Amazon and Google/Alphabet), and the “low priced company (Meta) at over $1 Trillion.
For months now, Wall Street has lived on the hopes and aspirations of a new technology, Artificial Intelligence. AI promised to take these highly profitable companies to the next level. The big six were already the most valuable financial assets on the globe. Three were valued at over $3 trillion, (Nvidia, Apple, and Microsoft) two over $2 Trillion (Amazon and Google/Alphabet), and the “low priced company (Meta) at over $1 Trillion.
For months now, Wall Street has lived on the hopes and aspirations of a new technology, Artificial Intelligence. AI promised to take these highly profitable companies to the next level. The big six were already the most valuable financial assets on the globe. Three were valued at over $3 trillion, (Nvidia, Apple, and Microsoft) two over $2 Trillion (Amazon and Google/Alphabet), and the “low priced company (Meta) at over $1 Trillion.
For months now, Wall Street has lived on the hopes and aspirations of a new technology, Artificial Intelligence. AI promised to take these highly profitable companies to the next level. The big six were already the most valuable financial assets on the globe. Three were valued at over $3 trillion, (Nvidia, Apple, and Microsoft) two over $2 Trillion (Amazon and Google/Alphabet), and the “low priced company (Meta) at over $1 Trillion.
This week began the effort to unwind the most costly war, in terms of lives and resources, that Europe has seen in 80 years. It has been a tragedy of epic proportions. While we don't know exactly how this war will end, the peace process has at last begun.
This week began the effort to unwind the most costly war, in terms of lives and resources, that Europe has seen in 80 years. It has been a tragedy of epic proportions. While we don't know exactly how this war will end, the peace process has at last begun.
This week began the effort to unwind the most costly war, in terms of lives and resources, that Europe has seen in 80 years. It has been a tragedy of epic proportions. While we don't know exactly how this war will end, the peace process has at last begun.
There is much more to a financial report than just debits and credits. If you know how to look, you will find an organization’s collective aspirations over time, the goals and directives that shape an entity’s success or failure — all there in dollars and sense.
Today, we look at the latest financial report for the Los Angeles Fire Department.
There is much more to a financial report than just debits and credits. If you know how to look, you will find an organization’s collective aspirations over time, the goals and directives that shape an entity’s success or failure — all there in dollars and sense.
Today, we look at the latest financial report for the Los Angeles Fire Department.
It puts an entirely different slant on how we view the Yield Curve. It's no longer this passive time difference between short and long maturities. Now, it's as if there is one active player (the Bank—the Fed) who puts up their latest interest rates. While on the sidelines, the rest of the world (literally) stands in judgment of the Fed's move.
If the Fed raises rates too high, as they did from 2022 until 2024, the long end of the Yield Curve, the Seer, stays put, refusing to budge, showing to the world that the Fed has overreacted.
It puts an entirely different slant on how we view the Yield Curve. It's no longer this passive time difference between short and long maturities. Now, it's as if there is one active player (the Bank—the Fed) who puts up their latest interest rates. While on the sidelines, the rest of the world (literally) stands in judgment of the Fed's move.
If the Fed raises rates too high, as they did from 2022 until 2024, the long end of the Yield Curve, the Seer, stays put, refusing to budge, showing to the world that the Fed has overreacted.
It puts an entirely different slant on how we view the Yield Curve. It's no longer this passive time difference between short and long maturities. Now, it's as if there is one active player (the Bank—the Fed) who puts up their latest interest rates. While on the sidelines, the rest of the world (literally) stands in judgment of the Fed's move.
If the Fed raises rates too high, as they did from 2022 until 2024, the long end of the Yield Curve, the Seer, stays put, refusing to budge, showing to the world that the Fed has overreacted.
It puts an entirely different slant on how we view the Yield Curve. It's no longer this passive time difference between short and long maturities. Now, it's as if there is one active player (the Bank—the Fed) who puts up their latest interest rates. While on the sidelines, the rest of the world (literally) stands in judgment of the Fed's move.
If the Fed raises rates too high, as they did from 2022 until 2024, the long end of the Yield Curve, the Seer, stays put, refusing to budge, showing to the world that the Fed has overreacted.
For those of us who've enjoyed that little bit of paradise that lies between the mountains and the sea along the Coastline of Southern California, fires are an eternal threat.
It's what comes next that we'll focus on. How will Californians react to the loss and devastation?
For those of us who've enjoyed that little bit of paradise that lies between the mountains and the sea along the Coastline of Southern California, fires are an eternal threat.
It's what comes next that we'll focus on. How will Californians react to the loss and devastation?
For those of us who've enjoyed that little bit of paradise that lies between the mountains and the sea along the Coastline of Southern California, fires are an eternal threat.
It's what comes next that we'll focus on. How will Californians react to the loss and devastation?
For those of us who've enjoyed that little bit of paradise that lies between the mountains and the sea along the Coastline of Southern California, fires are an eternal threat.
It's what comes next that we'll focus on. How will Californians react to the loss and devastation?
In 2024, the overall Economy took a negative turn in three areas critical for investors: Corporate Profits, the country's financial condition, and retail sales. Although each sector remains positive, it has taken on a decidedly negative direction.
In 2024, the overall Economy took a negative turn in three areas critical for investors: Corporate Profits, the country's financial condition, and retail sales. Although each sector remains positive, it has taken on a decidedly negative direction.
In 2024, the overall Economy took a negative turn in three areas critical for investors: Corporate Profits, the country's financial condition, and retail sales. Although each sector remains positive, it has taken on a decidedly negative direction.
In 2024, the overall Economy took a negative turn in three areas critical for investors: Corporate Profits, the country's financial condition, and retail sales. Although each sector remains positive, it has taken on a decidedly negative direction.
I rarely remember when the Street was as enamored as it is now. The object of its affection is a new technology called Artificial Intelligence, or AI for those "in the know."
I rarely remember when the Street was as enamored as it is now. The object of its affection is a new technology called Artificial Intelligence, or AI for those "in the know."
I rarely remember when the Street was as enamored as it is now. The object of its affection is a new technology called Artificial Intelligence, or AI for those "in the know."
I rarely remember when the Street was as enamored as it is now. The object of its affection is a new technology called Artificial Intelligence, or AI for those "in the know."
This is also why Chairman Powell was forced to reduce interest rates. Had the Fed chosen to continue raising rates, as Wall Street expected, it is likely that several major Banks and other Depository Institutions would have closed.
This is also why Chairman Powell was forced to reduce interest rates. Had the Fed chosen to continue raising rates, as Wall Street expected, it is likely that several major Banks and other Depository Institutions would have closed.
This is also why Chairman Powell was forced to reduce interest rates. Had the Fed chosen to continue raising rates, as Wall Street expected, it is likely that several major Banks and other Depository Institutions would have closed.
This is also why Chairman Powell was forced to reduce interest rates. Had the Fed chosen to continue raising rates, as Wall Street expected, it is likely that several major Banks and other Depository Institutions would have closed.
Warren Buffett had exquisite timing. I don't mean timing like you hear about it on Wall Street. Most often, one hears about timing services, a frenetic buy-sell program that tries to profit from the market's ups and downs on a monthly, weekly, or even daily basis. Buffett was adamantly opposed to that type of "investing," which he called the gross kind of speculation, and railed against such "timing" on a regular basis.
Warren Buffett had exquisite timing. I don't mean timing like you hear about it on Wall Street. Most often, one hears about timing services, a frenetic buy-sell program that tries to profit from the market's ups and downs on a monthly, weekly, or even daily basis. Buffett was adamantly opposed to that type of "investing," which he called the gross kind of speculation, and railed against such "timing" on a regular basis.
Warren Buffett had exquisite timing. I don't mean timing like you hear about it on Wall Street. Most often, one hears about timing services, a frenetic buy-sell program that tries to profit from the market's ups and downs on a monthly, weekly, or even daily basis. Buffett was adamantly opposed to that type of "investing," which he called the gross kind of speculation, and railed against such "timing" on a regular basis.
Warren Buffett had exquisite timing. I don't mean timing like you hear about it on Wall Street. Most often, one hears about timing services, a frenetic buy-sell program that tries to profit from the market's ups and downs on a monthly, weekly, or even daily basis. Buffett was adamantly opposed to that type of "investing," which he called the gross kind of speculation, and railed against such "timing" on a regular basis.
Economic sanctions are a brutal cudgel affecting the average citizen far more than the governments it is designed to topple. For instance, there is little evidence that the lifestyle of recently deposed Syrian Leader Bashar al-Assad was adversely affected by the American Sanctions. Yet the everyday Syrian has suffered through 11 years of civil war, and their corresponding diminishing economic fortune made all the worse by the imposition of American economic sanctions.
Economic sanctions are a brutal cudgel affecting the average citizen far more than the governments it is designed to topple. For instance, there is little evidence that the lifestyle of recently deposed Syrian Leader Bashar al-Assad was adversely affected by the American Sanctions. Yet the everyday Syrian has suffered through 11 years of civil war, and their corresponding diminishing economic fortune made all the worse by the imposition of American economic sanctions.
Economic sanctions are a brutal cudgel affecting the average citizen far more than the governments it is designed to topple. For instance, there is little evidence that the lifestyle of recently deposed Syrian Leader Bashar al-Assad was adversely affected by the American Sanctions. Yet the everyday Syrian has suffered through 11 years of civil war, and their corresponding diminishing economic fortune made all the worse by the imposition of American economic sanctions.
Economic sanctions are a brutal cudgel affecting the average citizen far more than the governments it is designed to topple. For instance, there is little evidence that the lifestyle of recently deposed Syrian Leader Bashar al-Assad was adversely affected by the American Sanctions. Yet the everyday Syrian has suffered through 11 years of civil war, and their corresponding diminishing economic fortune made all the worse by the imposition of American economic sanctions.
On Wednesday, Russian President Vladimir Putin set the Crypto World on fire with his observation that Bitcoin could be used to facilitate international trade. It was music to the ears of the millions who invest in the Crypto space. To many in America, this seemed like a novel, off-the-wall suggestion.
On Wednesday, Russian President Vladimir Putin set the Crypto World on fire with his observation that Bitcoin could be used to facilitate international trade. It was music to the ears of the millions who invest in the Crypto space. To many in America, this seemed like a novel, off-the-wall suggestion.
On Wednesday, Russian President Vladimir Putin set the Crypto World on fire with his observation that Bitcoin could be used to facilitate international trade. It was music to the ears of the millions who invest in the Crypto space. To many in America, this seemed like a novel, off-the-wall suggestion.
On Wednesday, Russian President Vladimir Putin set the Crypto World on fire with his observation that Bitcoin could be used to facilitate international trade. It was music to the ears of the millions who invest in the Crypto space. To many in America, this seemed like a novel, off-the-wall suggestion.
The parallels between America's 1930s economy and today could not be more stark. Today, another businessman President has been elected to help the economy. An influential constituent, this time the Wall Street Bankers, would be my guess, is asking for protection from an international threat. This time, it's the loss of the US Dollar's reserve status.
The parallels between America's 1930s economy and today could not be more stark. Today, another businessman President has been elected to help the economy. An influential constituent, this time the Wall Street Bankers, would be my guess, is asking for protection from an international threat. This time, it's the loss of the US Dollar's reserve status.
The parallels between America's 1930s economy and today could not be more stark. Today, another businessman President has been elected to help the economy. An influential constituent, this time the Wall Street Bankers, would be my guess, is asking for protection from an international threat. This time, it's the loss of the US Dollar's reserve status.
The parallels between America's 1930s economy and today could not be more stark. Today, another businessman President has been elected to help the economy. An influential constituent, this time the Wall Street Bankers, would be my guess, is asking for protection from an international threat. This time, it's the loss of the US Dollar's reserve status.
The United States spends more on its military than any other country – by a long shot. The American Defense Budget, expected to top a trillion dollars in 2025, is currently seven times larger than Russia's. When combined, two countries in Europe, the United Kingdom, and Germany, exceed Russia's military spending. And yet, despite its limited budget, Russia can produce more weapons and, by some measures, superior weapons than either the United States or NATO.
The United States spends more on its military than any other country – by a long shot. The American Defense Budget, expected to top a trillion dollars in 2025, is currently seven times larger than Russia's. When combined, two countries in Europe, the United Kingdom and Germany, exceed Russia's military spending. And yet, despite its limited budget, Russia can produce more weapons and, by some measures, superior weapons than either the United States or NATO.
The United States spends more on its military than any other country – by a long shot. The American Defense Budget, expected to top a trillion dollars in 2025, is currently seven times larger than Russia's. When combined, two countries in Europe, the United Kingdom, and Germany, exceed Russia's military spending. And yet, despite its limited budget, Russia can produce more weapons and, by some measures, superior weapons than either the United States or NATO.
The United States spends more on its military than any other country – by a long shot. The American Defense Budget, expected to top a trillion dollars in 2025, is currently seven times larger than Russia's. When combined, two countries in Europe, the United Kingdom, and Germany, exceed Russia's military spending. And yet, despite its limited budget, Russia can produce more weapons and, by some measures, superior weapons than either the United States or NATO.
The world changed last Thursday. That's the day Russia launched a missile they call the Oreshnik, the "Hazelnut." Utilizing never-before-seen technology, the "Hazelnut" can reach speeds of Mach 11, which is 8,370 mph. The missile contains six multiple independent warheads, each warhead containing six sub-munitions, for a total delivery of 36 explosions on target.
The world changed last Thursday. That's the day Russia launched a missile they call the Oreshnik, the "Hazelnut." Utilizing never-before-seen technology, the "Hazelnut" can reach speeds of Mach 11, which is 8,370 mph. The missile contains six multiple independent warheads, each warhead containing six sub-munitions, for a total delivery of 36 explosions on target.
Generally, the period between a Presidential Election and the Inauguration is a quiet time. It is a time when offices are packed up, the transition to a new Administration begins, and old friends are bid farewell. However, we would be mistaken if we thought that would be true with the nation's 46th President, Joseph Robinette Biden Jr. The most consequential decision of his entire term happened last week.
The world changed last Thursday. That's the day Russia launched a missile they call the Oreshnik, the "Hazelnut." Utilizing never-before-seen technology, the "Hazelnut" can reach speeds of Mach 11, which is 8,370 mph. The missile contains six multiple independent warheads, each warhead containing six sub-munitions, for a total delivery of 36 explosions on target.
The world changed last Thursday. That's the day Russia launched a missile they call the Oreshnik, the "Hazelnut." Utilizing never-before-seen technology, the "Hazelnut" can reach speeds of Mach 11, which is 8,370 mph. The missile contains six multiple independent warheads, each warhead containing six sub-munitions, for a total delivery of 36 explosions on target.
Generally, the period between a Presidential Election and the Inauguration is a quiet time. It is a time when offices are packed up, the transition to a new Administration begins, and old friends are bid farewell. However, we would be mistaken if we thought that would be true with the nation's 46th President, Joseph Robinette Biden Jr. The most consequential decision of his entire term happened last week.
Generally, the period between a Presidential Election and the Inauguration is a quiet time. It is a time when offices are packed up, the transition to a new Administration begins, and old friends are bid farewell. However, we would be mistaken if we thought that would be true with the nation's 46th President, Joseph Robinette Biden Jr. The most consequential decision of his entire term happened last week.
Generally, the period between a Presidential Election and the Inauguration is a quiet time. It is a time when offices are packed up, the transition to a new Administration begins, and old friends are bid farewell. However, we would be mistaken if we thought that would be true with the nation's 46th President, Joseph Robinette Biden Jr. The most consequential decision of his entire term happened last week.
Today, Washington denizens and political commentators are up in arms about Trump’s Cabinet nominations. They assume that Trump is using a conventional strategy of appointing conventional bureaucrats to head the Federal Government’s vast Administrative State.
But, if you’ve followed Trump, you recognize that’s not what’s occurring.
Today, Washington denizens and political commentators are up in arms about Trump’s Cabinet nominations. They assume that Trump is using a conventional strategy of appointing conventional bureaucrats to head the Federal Government’s vast Administrative State.
But, if you’ve followed Trump, you recognize that’s not what’s occurring.
Today, Washington denizens and political commentators are up in arms about Trump’s Cabinet nominations. They assume that Trump is using a conventional strategy of appointing conventional bureaucrats to head the Federal Government’s vast Administrative State.
But, if you’ve followed Trump, you recognize that’s not what’s occurring.
I live in eastern Pennsl-tucky, that rural stretch between Philadelphia and Pittsburgh. It's the beginning of Flyover Country, that great expanse of the country that has more farms than shopping centers and more land than people.
Yesterday, I made my two-mile trek to the local Community Church to cast my ballot. I've been following this routine since I moved here many years ago. After all these years, I know what to expect, and I like that.
I live in eastern Pennsl-tucky, that rural stretch between Philadelphia and Pittsburgh. It's the beginning of Flyover Country, that great expanse of the country that has more farms than shopping centers and more land than people.
Yesterday, I made my two-mile trek to the local Community Church to cast my ballot. I've been following this routine since I moved here many years ago. After all these years, I know what to expect, and I like that.
I live in eastern Pennsl-tucky, that rural stretch between Philadelphia and Pittsburgh. It's the beginning of Flyover Country, that great expanse of the country that has more farms than shopping centers and more land than people.
Yesterday, I made my two-mile trek to the local Community Church to cast my ballot. I've been following this routine since I moved here many years ago. After all these years, I know what to expect, and I like that.
I live in eastern Pennsl-tucky, that rural stretch between Philadelphia and Pittsburgh. It's the beginning of Flyover Country, that great expanse of the country that has more farms than shopping centers and more land than people.
Yesterday, I made my two-mile trek to the local Community Church to cast my ballot. I've been following this routine since I moved here many years ago. After all these years, I know what to expect, and I like that.
This is one of those times when you're better off observing your own behavior than listening to the "so-called" experts. After all, this election season so much is at stake in how we perceive the economy. One of the main factors in any election is whether our elected representatives have promoted economic growth. Incumbents nationwide always tout the current situation as "the best economy ever."
This is one of those times when you're better off observing your own behavior than listening to the "so-called" experts. After all, this election season so much is at stake in how we perceive the economy. One of the main factors in any election is whether our elected representatives have promoted economic growth. Incumbents nationwide always tout the current situation as "the best economy ever."
This is one of those times when you're better off observing your own behavior than listening to the "so-called" experts. After all, this election season so much is at stake in how we perceive the economy. One of the main factors in any election is whether our elected representatives have promoted economic growth. Incumbents nationwide always tout the current situation as "the best economy ever."
This is one of those times when you're better off observing your own behavior than listening to the "so-called" experts. After all, this election season so much is at stake in how we perceive the economy. One of the main factors in any election is whether our elected representatives have promoted economic growth. Incumbents nationwide always tout the current situation as "the best economy ever."
Russian President Vladimir Putin must have realized that this week’s BRICS Summit would be something special when UN Secretary-General Antonio Guterres promised to attend. This was no ordinary visit; this was Guterres giving tacit approval to BRICS’ efforts to form a new international organization that would rattle the windows in places like New York, Brussels, and, of course, Washington.
Russian President Vladimir Putin must have realized that this week’s BRICS Summit would be something special when UN Secretary-General Antonio Guterres promised to attend. This was no ordinary visit; this was Guterres giving tacit approval to BRICS’ efforts to form a new international organization that would rattle the windows in places like New York, Brussels, and, of course, Washington.
Russian President Vladimir Putin must have realized that this week’s BRICS Summit would be something special when UN Secretary-General Antonio Guterres promised to attend. This was no ordinary visit; this was Guterres giving tacit approval to BRICS’ efforts to form a new international organization that would rattle the windows in places like New York, Brussels, and, of course, Washington.
Russian President Vladimir Putin must have realized that this week’s BRICS Summit would be something special when UN Secretary-General Antonio Guterres promised to attend. This was no ordinary visit; this was Guterres giving tacit approval to BRICS’ efforts to form a new international organization that would rattle the windows in places like New York, Brussels, and, of course, Washington.
It was then that I realized that I wasn’t alone. Many Americans have signed on to a similar card when they make a new purchase, transfer an existing balance, or open many “initial low rate” cards. As I write this article, I’ve just received an offer for a “Holiday Card,” which has the same structure: an initial low rate with a killer rate to follow in a year.
It was then that I realized that I wasn’t alone. Many Americans have signed on to a similar card when they make a new purchase, transfer an existing balance, or open many “initial low rate” cards. As I write this article, I’ve just received an offer for a “Holiday Card,” which has the same structure: an initial low rate with a killer rate to follow in a year.
It was then that I realized that I wasn’t alone. Many Americans have signed on to a similar card when they make a new purchase, transfer an existing balance, or open many “initial low rate” cards. As I write this article, I’ve just received an offer for a “Holiday Card,” which has the same structure: an initial low rate with a killer rate to follow in a year.
It was then that I realized that I wasn’t alone. Many Americans have signed on to a similar card when they make a new purchase, transfer an existing balance, or open many “initial low rate” cards. As I write this article, I’ve just received an offer for a “Holiday Card,” which has the same structure: an initial low rate with a killer rate to follow in a year.
On the other side of the battle line, the Axis of Resistance has neither the resources nor technology to match the American-Israeli side. The Drones they produce are inexpensive to make and, by and large, use technology developed by Iran more than 25 years ago. But it’s how they utilize their drones that make the difference.
On the other side of the battle line, the Axis of Resistance has neither the resources nor technology to match the American-Israeli side. The Drones they produce are inexpensive to make and, by and large, use technology developed by Iran more than 25 years ago. But it’s how they utilize their drones that make the difference.
On the other side of the battle line, the Axis of Resistance has neither the resources nor technology to match the American-Israeli side. The Drones they produce are inexpensive to make and, by and large, use technology developed by Iran more than 25 years ago. But it’s how they utilize their drones that make the difference.
On the other side of the battle line, the Axis of Resistance has neither the resources nor technology to match the American-Israeli side. The Drones they produce are inexpensive to make and, by and large, use technology developed by Iran more than 25 years ago. But it’s how they utilize their drones that make the difference.
It may be the best indicator of our nation’s future prosperity — the relative performance of the United States Currency, the Dollar. After all, we are a nation of consumers, and in the latest reported month (August 2024), our country purchased over $340 billion from overseas. At the same time, we are the most heavily indebted country in the world, with foreign investors purchasing over 20% of our debt.
It may be the best indicator of our nation’s future prosperity — the relative performance of the United States Currency, the Dollar. After all, we are a nation of consumers, and in the latest reported month (August 2024), our country purchased over $340 billion from overseas. At the same time, we are the most heavily indebted country in the world, with foreign investors purchasing over 20% of our debt.
It may be the best indicator of our nation’s future prosperity — the relative performance of the United States Currency, the Dollar. After all, we are a nation of consumers, and in the latest reported month (August 2024), our country purchased over $340 billion from overseas. At the same time, we are the most heavily indebted country in the world, with foreign investors purchasing over 20% of our debt.
It may be the best indicator of our nation’s future prosperity — the relative performance of the United States Currency, the Dollar. After all, we are a nation of consumers, and in the latest reported month (August 2024), our country purchased over $340 billion from overseas. At the same time, we are the most heavily indebted country in the world, with foreign investors purchasing over 20% of our debt.
The great irony of the Middle East War is that Americans are presented, almost exclusively, with the Israeli point of view, not the American. Consequently, we learn that Israel invaded Gaza and that it has a limited military operation in Lebanon and with Iran.
The great irony of the Middle East War is that Americans are presented, almost exclusively, with the Israeli point of view, not the American. Consequently, we learn that Israel invaded Gaza and that it has a limited military operation in Lebanon and with Iran.
The great irony of the Middle East War is that Americans are presented, almost exclusively, with the Israeli point of view, not the American. Consequently, we learn that Israel invaded Gaza and that it has a limited military operation in Lebanon and with Iran.
The great irony of the Middle East War is that Americans are presented, almost exclusively, with the Israeli point of view, not the American. Consequently, we learn that Israel invaded Gaza and that it has a limited military operation in Lebanon and with Iran.
Last Friday, Benjamin Netanyahu, Israel’s Prime Minister, calmly picked up the secure telephone and ordered Yoav Gallant, the Defense Minister, to attack Hezbollah. He then strode to the podium to address the United Nations General Assembly. It was an amazing piece of theater by Israel’s always-measured and controlled leader.
Last Friday, Benjamin Netanyahu, Israel’s Prime Minister, calmly picked up the secure telephone and ordered Yoav Gallant, the Defense Minister, to attack Hezbollah. He then strode to the podium to address the United Nations General Assembly. It was an amazing piece of theater by Israel’s always-measured and controlled leader.
Last Friday, Benjamin Netanyahu, Israel’s Prime Minister, calmly picked up the secure telephone and ordered Yoav Gallant, the Defense Minister, to attack Hezbollah. He then strode to the podium to address the United Nations General Assembly. It was an amazing piece of theater by Israel’s always-measured and controlled leader.
Last Friday, Benjamin Netanyahu, Israel’s Prime Minister, calmly picked up the secure telephone and ordered Yoav Gallant, the Defense Minister, to attack Hezbollah. He then strode to the podium to address the United Nations General Assembly. It was an amazing piece of theater by Israel’s always-measured and controlled leader.
Stalin was a master of mass psychology and thoroughly understood the methods of controlling large groups of people. For instance, Stalin instinctively recognized that the State was uniquely positioned to present “news and information.” The average citizen would see any information disseminated by the Central Government as authoritative and reliable.
Stalin was a master of mass psychology and thoroughly understood the methods of controlling large groups of people. For instance, Stalin instinctively recognized that the State was uniquely positioned to present “news and information.” The average citizen would see any information disseminated by the Central Government as authoritative and reliable.
Stalin was a master of mass psychology and thoroughly understood the methods of controlling large groups of people. For instance, Stalin instinctively recognized that the State was uniquely positioned to present “news and information.” The average citizen would see any information disseminated by the Central Government as authoritative and reliable.
Stalin was a master of mass psychology and thoroughly understood the methods of controlling large groups of people. For instance, Stalin instinctively recognized that the State was uniquely positioned to present “news and information.” The average citizen would see any information disseminated by the Central Government as authoritative and reliable.
The BLS reported that in the 12 months ending March 2024, the economy created 2.9 million new jobs. You probably heard President Biden and other members of the Cabinet extol all the latest jobs they’d created. Unfortunately, it simply wasn’t true. The number of new jobs was overstated by 818,000, a 28% error.
The BLS reported that in the 12 months ending March 2024, the economy created 2.9 million new jobs. You probably heard President Biden and other members of the Cabinet extol all the latest jobs they’d created. Unfortunately, it simply wasn’t true. The number of new jobs was overstated by 818,000, a 28% error.
The BLS reported that in the 12 months ending March 2024, the economy created 2.9 million new jobs. You probably heard President Biden and other members of the Cabinet extol all the latest jobs they’d created. Unfortunately, it simply wasn’t true. The number of new jobs was overstated by 818,000, a 28% error.
The BLS reported that in the 12 months ending March 2024, the economy created 2.9 million new jobs. You probably heard President Biden and other members of the Cabinet extol all the latest jobs they’d created. Unfortunately, it simply wasn’t true. The number of new jobs was overstated by 818,000, a 28% error.
Life for the 2.2 million Palestinians (2023 estimate) is a tenuous one – fraught with uncertain supplies of food, medicines, and energy. They occupy a narrow strip of land between the State of Israel and the Mediterranean Sea. The ever-present threat of war has been part of their lives for longer than most have been alive.
Life for the 2.2 million Palestinians (2023 estimate) is a tenuous one – fraught with uncertain supplies of food, medicines, and energy. They occupy a narrow strip of land between the State of Israel and the Mediterranean Sea. The ever-present threat of war has been part of their lives for longer than most have been alive.
Life for the 2.2 million Palestinians (2023 estimate) is a tenuous one – fraught with uncertain supplies of food, medicines, and energy. They occupy a narrow strip of land between the State of Israel and the Mediterranean Sea. The ever-present threat of war has been part of their lives for longer than most have been alive.
Life for the 2.2 million Palestinians (2023 estimate) is a tenuous one – fraught with uncertain supplies of food, medicines, and energy. They occupy a narrow strip of land between the State of Israel and the Mediterranean Sea. The ever-present threat of war has been part of their lives for longer than most have been alive.
Life for the 2.2 million Palestinians (2023 estimate) is a tenuous one – fraught with uncertain supplies of food, medicines, and energy. They occupy a narrow strip of land between the State of Israel and the Mediterranean Sea. The ever-present threat of war has been part of their lives for longer than most have been alive.
Not a week goes by that we don’t hear someone on Wall Street predict that we’re headed into a significant recession, just ahead. I have followed many of these financial pundits for years and generally respected their opinions.
Today, we’ll test those prognostications with a simple, straightforward survey of the world’s major economies.
Not a week goes by that we don’t hear someone on Wall Street predict that we’re headed into a significant recession, just ahead. I have followed many of these financial pundits for years and generally respected their opinions.
Today, we’ll test those prognostications with a simple, straightforward survey of the world’s major economies.
Not a week goes by that we don’t hear someone on Wall Street predict that we’re headed into a significant recession, just ahead. I have followed many of these financial pundits for years and generally respected their opinions.
Today, we’ll test those prognostications with a simple, straightforward survey of the world’s major economies.
Not a week goes by that we don’t hear someone on Wall Street predict that we’re headed into a significant recession, just ahead. I have followed many of these financial pundits for years and generally respected their opinions.
Today, we’ll test those prognostications with a simple, straightforward survey of the world’s major economies.
For the first time, an American President admitted that America could not produce ammunition at a rate to match an enemy, Russia. For the careful observer, this was when Americans saw how hollow our manufacturing base was; it lay bare for all to see.
For the first time, an American President admitted that America could not produce ammunition at a rate to match an enemy, Russia. For the careful observer, this was when Americans saw how hollow our manufacturing base was; it lay bare for all to see.
For the first time, an American President admitted that America could not produce ammunition at a rate to match an enemy, Russia. For the careful observer, this was when Americans saw how hollow our manufacturing base was; it lay bare for all to see.
For the first time, an American President admitted that America could not produce ammunition at a rate to match an enemy, Russia. For the careful observer, this was when Americans saw how hollow our manufacturing base was; it lay bare for all to see.
That the world’s two premier nuclear powers would both change their Doctrine of War within days of each other, speaks volumes. Carefully couched in the legal language of the soldier and the diplomat, the world creeps closer to an atomic abyss.
That the world’s two premier nuclear powers would both change their Doctrine of War within days of each other, speaks volumes. Carefully couched in the legal language of the soldier and the diplomat, the world creeps closer to an atomic abyss.
That the world’s two premier nuclear powers would both change their Doctrine of War within days of each other, speaks volumes. Carefully couched in the legal language of the soldier and the diplomat, the world creeps closer to an atomic abyss.
That the world’s two premier nuclear powers would both change their Doctrine of War within days of each other, speaks volumes. Carefully couched in the legal language of the soldier and the diplomat, the world creeps closer to an atomic abyss.
Ever the chess master, Netanyahu first positioned his assets, principally the Israeli Defense Force (IDF) and the formidable United States Military. Then, he lit the fuse that would plunge the region into War.
The World Waited.
Then, nothing.
Ever the chess master, Netanyahu first positioned his assets, principally the Israeli Defense Force (IDF) and the formidable United States Military. Then, he lit the fuse that would plunge the region into War.
The World Waited.
Then, nothing.
Ever the chess master, Netanyahu first positioned his assets, principally the Israeli Defense Force (IDF) and the formidable United States Military. Then, he lit the fuse that would plunge the region into War.
The World Waited.
Then, nothing.
Ever the chess master, Netanyahu first positioned his assets, principally the Israeli Defense Force (IDF) and the formidable United States Military. Then, he lit the fuse that would plunge the region into War.
The World Waited.
Then, nothing.
In what has become a ritual, the Chairman once again repeated his often-stated sentiment that:
"Our objective has been to restore price stability while maintaining a strong labor market..."
In what has become a ritual, the Chairman once again repeated his often-stated sentiment that:
"Our objective has been to restore price stability while maintaining a strong labor market..."
In what has become a ritual, the Chairman once again repeated his often-stated sentiment that:
"Our objective has been to restore price stability while maintaining a strong labor market..."
In what has become a ritual, the Chairman once again repeated his often-stated sentiment that:
"Our objective has been to restore price stability while maintaining a strong labor market..."
On August 6, Ukraine forces launched what is euphemistically called an "Incursion" into Russia. An "Incursion" that was equipped, managed, and planned by United States and NATO forces.
On August 6, Ukraine forces launched what is euphemistically called an "Incursion" into Russia. An "Incursion" that was equipped, managed, and planned by United States and NATO forces.
On August 6, Ukraine forces launched what is euphemistically called an "Incursion" into Russia. An "Incursion" that was equipped, managed, and planned by United States and NATO forces.
On August 6, Ukraine forces launched what is euphemistically called an "Incursion" into Russia. An "Incursion" that was equipped, managed, and planned by United States and NATO forces.
Perhaps that's the theme of this entire war, the most significant conflict of the 21st century. Although utilizing some of the most advanced military hardware ever seen on a battlefield. Those drones, missiles, electronic positioning and surveillance satellites of today's well-equipped armies. Still each battle seems to come down to a man-on-man struggle, pitting one soldier against another, not unlike those dreadful days a century ago in Verdun.
Perhaps that's the theme of this entire war, the most significant conflict of the 21st century. Although utilizing some of the most advanced military hardware ever seen on a battlefield. Those drones, missiles, electronic positioning and surveillance satellites of today's well-equipped armies. Still each battle seems to come down to a man-on-man struggle, pitting one soldier against another, not unlike those dreadful days a century ago in Verdun.
Perhaps that's the theme of this entire war, the most significant conflict of the 21st century. Although utilizing some of the most advanced military hardware ever seen on a battlefield. Those drones, missiles, electronic positioning and surveillance satellites of today's well-equipped armies. Still each battle seems to come down to a man-on-man struggle, pitting one soldier against another, not unlike those dreadful days a century ago in Verdun.
There can be no doubt that the "Stimulus" Program saved the country from an economic catastrophe. That dreadful second quarter of 2020 saw the economy (GDP) drop further and faster than at any time in our history, including even the Great Depression of the 1930s. Without Stimulus, we would have been in a world of hurt.
There can be no doubt that the "Stimulus" Program saved the country from an economic catastrophe. That dreadful second quarter of 2020 saw the economy (GDP) drop further and faster than at any time in our history, including even the Great Depression of the 1930s. Without Stimulus, we would have been in a world of hurt.
There can be no doubt that the "Stimulus" Program saved the country from an economic catastrophe. That dreadful second quarter of 2020 saw the economy (GDP) drop further and faster than at any time in our history, including even the Great Depression of the 1930s. Without Stimulus, we would have been in a world of hurt.
There can be no doubt that the "Stimulus" Program saved the country from an economic catastrophe. That dreadful second quarter of 2020 saw the economy (GDP) drop further and faster than at any time in our history, including even the Great Depression of the 1930s. Without Stimulus, we would have been in a world of hurt.
While a feeble and decrepit Joe Biden remained holed up in the White House, Israeli Prime Minister Benjamin Netanyahu took his opportunity to address the US Congress. In a rare Joint Session appearance, Netanyahu received an unheard-of 58 standing ovations as our Representatives rose to give him just the support he had traveled 6,000 miles to achieve.
While a feeble and decrepit Joe Biden remained holed up in the White House, Israeli Prime Minister Benjamin Netanyahu took his opportunity to address the US Congress. In a rare Joint Session appearance, Netanyahu received an unheard-of 58 standing ovations as our Representatives rose to give him just the support he had traveled 6,000 miles to achieve.
While a feeble and decrepit Joe Biden remained holed up in the White House, Israeli Prime Minister Benjamin Netanyahu took his opportunity to address the US Congress. In a rare Joint Session appearance, Netanyahu received an unheard-of 58 standing ovations as our Representatives rose to give him just the support he had traveled 6,000 miles to achieve.
While a feeble and decrepit Joe Biden remained holed up in the White House, Israeli Prime Minister Benjamin Netanyahu took his opportunity to address the US Congress. In a rare Joint Session appearance, Netanyahu received an unheard-of 58 standing ovations as our Representatives rose to give him just the support he had traveled 6,000 miles to achieve.
For Kamala Harris, the issue of immigration has become her number one obstacle in her trek to the White House. Most opinion polls suggest that over two-thirds of the American public consider this mass immigration to have a negative impact on the country, a costly drain on our economy at a time when we can ill afford it.
For Kamala Harris, the issue of immigration has become her number one obstacle in her trek to the White House. Most opinion polls suggest that over two-thirds of the American public consider this mass immigration to have a negative impact on the country, a costly drain on our economy at a time when we can ill afford it.
For Kamala Harris, the issue of immigration has become her number one obstacle in her trek to the White House. Most opinion polls suggest that over two-thirds of the American public consider this mass immigration to have a negative impact on the country, a costly drain on our economy at a time when we can ill afford it.
For Kamala Harris, the issue of immigration has become her number one obstacle in her trek to the White House. Most opinion polls suggest that over two-thirds of the American public consider this mass immigration to have a negative impact on the country, a costly drain on our economy at a time when we can ill afford it.
I live in rural Pennsylvania, on the eastern side of those same mountains, the Appalachians that JD Vance writes about in his book, "Hillbilly Elegy."
Donald Trump's recent rally occurred not far away in a small town called Butler.
I live in rural Pennsylvania, on the eastern side of those same mountains, the Appalachians that JD Vance writes about in his book, "Hillbilly Elegy."
Donald Trump's recent rally occurred not far away in a small town called Butler.
I live in rural Pennsylvania, on the eastern side of those same mountains, the Appalachians that JD Vance writes about in his book, "Hillbilly Elegy."
Donald Trump's recent rally occurred not far away in a small town called Butler.
I live in rural Pennsylvania, on the eastern side of those same mountains, the Appalachians that JD Vance writes about in his book, "Hillbilly Elegy."
Donald Trump's recent rally occurred not far away in a small town called Butler.
There is no American initiative to move the conflict from the battlefield to the negotiation table. Most often, there is no effort to speak to the other side. Neither Secretary Blinken, our chief negotiator, nor President Biden appears willing to pick up the phone.
There is no American initiative to move the conflict from the battlefield to the negotiation table. Most often, there is no effort to speak to the other side. Neither Secretary Blinken, our chief negotiator, nor President Biden appears willing to pick up the phone.
There is no American initiative to move the conflict from the battlefield to the negotiation table. Most often, there is no effort to speak to the other side. Neither Secretary Blinken, our chief negotiator, nor President Biden appears willing to pick up the phone.
There is no American initiative to move the conflict from the battlefield to the negotiation table. Most often, there is no effort to speak to the other side. Neither Secretary Blinken, our chief negotiator, nor President Biden appears willing to pick up the phone.
Because Donald Trump lives, we, the people, will have a genuine choice in who governs the country.
Because Donald Trump lives, we, the people, will have a genuine choice in who governs the country.
But it is a tradition, I fear, that yields little in providing a timely, informative look at the current state of our economy. Timeliness is at the root of nearly all the issues with Fed Monetary Policy. You see, our economy moves at the speed of the internet. The lightning-fast propagation of data moves markets, informs analysts, and impacts our lives.
But in Washington, the Committee Calendar sets the pace.
But it is a tradition, I fear, that yields little in providing a timely, informative look at the current state of our economy. Timeliness is at the root of nearly all the issues with Fed Monetary Policy. You see, our economy moves at the speed of the internet. The lightning-fast propagation of data moves markets, informs analysts, and impacts our lives.
But in Washington, the Committee Calendar sets the pace.
But it is a tradition, I fear, that yields little in providing a timely, informative look at the current state of our economy. Timeliness is at the root of nearly all the issues with Fed Monetary Policy. You see, our economy moves at the speed of the internet. The lightning-fast propagation of data moves markets, informs analysts, and impacts our lives.
But in Washington, the Committee Calendar sets the pace.
But it is a tradition, I fear, that yields little in providing a timely, informative look at the current state of our economy. Timeliness is at the root of nearly all the issues with Fed Monetary Policy. You see, our economy moves at the speed of the internet. The lightning-fast propagation of data moves markets, informs analysts, and impacts our lives.
But in Washington, the Committee Calendar sets the pace.
Viktor Orban is Hungary's bigger-than-life Prime Minister. Never one to back away from conflict, Orban gained national attention when, as a student, he called for the immediate withdrawal of Soviet troops from Hungary in 1989. Just a few months later, the Soviet troops returned home. Hungary was free and independent, and the country had a new hero.
Viktor Orban is Hungary's bigger-than-life Prime Minister. Never one to back away from conflict, Orban gained national attention when, as a student, he called for the immediate withdrawal of Soviet troops from Hungary in 1989. Just a few months later, the Soviet troops returned home. Hungary was free and independent, and the country had a new hero.
Viktor Orban is Hungary's bigger-than-life Prime Minister. Never one to back away from conflict, Orban gained national attention when, as a student, he called for the immediate withdrawal of Soviet troops from Hungary in 1989. Just a few months later, the Soviet troops returned home. Hungary was free and independent, and the country had a new hero.
Viktor Orban is Hungary's bigger-than-life Prime Minister. Never one to back away from conflict, Orban gained national attention when, as a student, he called for the immediate withdrawal of Soviet troops from Hungary in 1989. Just a few months later, the Soviet troops returned home. Hungary was free and independent, and the country had a new hero.
Any review of the Joint Statement will reveal both countries' desire to maintain their independence and yet provide military or economic support should the need arise. It is indeed a new model relationship for nations.
The China-Russia Joint Statement clearly indicates that diplomacy still works. When two significant countries, like Russia and China, reach an agreement like this, it can change the world.
Any review of the Joint Statement will reveal both countries' desire to maintain their independence and yet provide military or economic support should the need arise. It is indeed a new model relationship for nations.
The China-Russia Joint Statement clearly indicates that diplomacy still works. When two significant countries, like Russia and China, reach an agreement like this, it can change the world.
Any review of the Joint Statement will reveal both countries' desire to maintain their independence and yet provide military or economic support should the need arise. It is indeed a new model relationship for nations.
The China-Russia Joint Statement clearly indicates that diplomacy still works. When two significant countries, like Russia and China, reach an agreement like this, it can change the world.
Any review of the Joint Statement will reveal both countries' desire to maintain their independence and yet provide military or economic support should the need arise. It is indeed a new model relationship for nations.
The China-Russia Joint Statement clearly indicates that diplomacy still works. When two significant countries, like Russia and China, reach an agreement like this, it can change the world.
The faces are familiar as we've come to know Biden's closest confidants. Except for one, one figure remains elusive: Biden's Chief of Staff, Jeff Zients. A man of immense wealth and power, he is virtually invisible, unknown to most Americans. Yet he holds the keys to Biden's day-to-day meetings and pronouncements. Just who is Jeff Zients? Today, we take an in-depth look at this mercurial figure.
The faces are familiar as we've come to know Biden's closest confidants. Except for one, one figure remains elusive: Biden's Chief of Staff, Jeff Zients. A man of immense wealth and power, he is virtually invisible, unknown to most Americans. Yet he holds the keys to Biden's day-to-day meetings and pronouncements. Just who is Jeff Zients? Today, we take an in-depth look at this mercurial figure.
The faces are familiar as we've come to know Biden's closest confidants. Except for one, one figure remains elusive: Biden's Chief of Staff, Jeff Zients. A man of immense wealth and power, he is virtually invisible, unknown to most Americans. Yet he holds the keys to Biden's day-to-day meetings and pronouncements. Just who is Jeff Zients? Today, we take an in-depth look at this mercurial figure.
The faces are familiar as we've come to know Biden's closest confidants. Except for one, one figure remains elusive: Biden's Chief of Staff, Jeff Zients. A man of immense wealth and power, he is virtually invisible, unknown to most Americans. Yet he holds the keys to Biden's day-to-day meetings and pronouncements. Just who is Jeff Zients? Today, we take an in-depth look at this mercurial figure.
He’s spent his career in the halls of Government. He was the number two to a head of state who, although charismatic, was also highly controversial. This experience prepared him for his nation’s highest office.
He’s spent his career in the halls of Government. He was the number two to a head of state who, although charismatic, was also highly controversial. This experience prepared him for his nation’s highest office.
He’s spent his career in the halls of Government. He was the number two to a head of state who, although charismatic, was also highly controversial. This experience prepared him for his nation’s highest office.
He’s spent his career in the halls of Government. He was the number two to a head of state who, although charismatic, was also highly controversial. This experience prepared him for his nation’s highest office.
The government is NOT our ruler but our representative. The concept presupposed that the government would know and understand its citizens. Elections would help establish that representation by placing citizens' chosen candidate as our President, Senator, or Congressperson.
The government is NOT our ruler but our representative. The concept presupposed that the government would know and understand its citizens. Elections would help establish that representation by placing citizens' chosen candidate as our President, Senator, or Congressperson.
The government is NOT our ruler but our representative. The concept presupposed that the government would know and understand its citizens. Elections would help establish that representation by placing citizens' chosen candidate as our President, Senator, or Congressperson.
The government is NOT our ruler but our representative. The concept presupposed that the government would know and understand its citizens. Elections would help establish that representation by placing citizens' chosen candidate as our President, Senator, or Congressperson.
Two weeks ago, SOS Blinken traveled to Doha, Qatar, to negotiate with the key Hamas mediators to seek the much-discussed cease-fire. It was all part of a two-day, four-country tour of the Middle East. Arriving for negotiations on Wednesday, June 12th, he departed a couple of hours later. He stayed just long enough for a cup of coffee and a photo op. A profound opportunity to discuss, at length, the objectives for peace with the Hamas representatives was missed.
Two weeks ago, SOS Blinken traveled to Doha, Qatar, to negotiate with the key Hamas mediators to seek the much-discussed cease-fire. It was all part of a two-day, four-country tour of the Middle East. Arriving for negotiations on Wednesday, June 12th, he departed a couple of hours later. He stayed just long enough for a cup of coffee and a photo op. A profound opportunity to discuss, at length, the objectives for peace with the Hamas representatives was missed.
Two weeks ago, SOS Blinken traveled to Doha, Qatar, to negotiate with the key Hamas mediators to seek the much-discussed cease-fire. It was all part of a two-day, four-country tour of the Middle East. Arriving for negotiations on Wednesday, June 12th, he departed a couple of hours later. He stayed just long enough for a cup of coffee and a photo op. A profound opportunity to discuss, at length, the objectives for peace with the Hamas representatives was missed.
Two weeks ago, SOS Blinken traveled to Doha, Qatar, to negotiate with the key Hamas mediators to seek the much-discussed cease-fire. It was all part of a two-day, four-country tour of the Middle East. Arriving for negotiations on Wednesday, June 12th, he departed a couple of hours later. He stayed just long enough for a cup of coffee and a photo op. A profound opportunity to discuss, at length, the objectives for peace with the Hamas representatives was missed.
Today, our financial outlook is guarded; preliminary indications are that the economy is slowing, which generally means lower income. Combined with those higher debt payments as old low-interest debt is rolled over to new higher debt, this will squeeze many highly leveraged corporations and individuals into falling behind in their monthly payments. This combination of lowered income combined with higher interest expense is a sure-fire formula for a banking crisis.
Today, our financial outlook is guarded; preliminary indications are that the economy is slowing, which generally means lower income. Combined with those higher debt payments as old low-interest debt is rolled over to new higher debt, this will squeeze many highly leveraged corporations and individuals into falling behind in their monthly payments. This combination of lowered income combined with higher interest expense is a sure-fire formula for a banking crisis.
Today, our financial outlook is guarded; preliminary indications are that the economy is slowing, which generally means lower income. Combined with those higher debt payments as old low-interest debt is rolled over to new higher debt, this will squeeze many highly leveraged corporations and individuals into falling behind in their monthly payments. This combination of lowered income combined with higher interest expense is a sure-fire formula for a banking crisis.
But Fiscal Stimulus is no panacea; it's not a solution to all our economic problems. In fact, when Fiscal Stimulus is applied during a time when the economy is already growing, this added stimulus translates into inflation. Too much of a good thing can do more harm than good.
But Fiscal Stimulus is no panacea; it's not a solution to all our economic problems. In fact, when Fiscal Stimulus is applied during a time when the economy is already growing, this added stimulus translates into inflation. Too much of a good thing can do more harm than good.
But Fiscal Stimulus is no panacea; it's not a solution to all our economic problems. In fact, when Fiscal Stimulus is applied during a time when the economy is already growing, this added stimulus translates into inflation. Too much of a good thing can do more harm than good.
But Fiscal Stimulus is no panacea; it's not a solution to all our economic problems. In fact, when Fiscal Stimulus is applied during a time when the economy is already growing, this added stimulus translates into inflation. Too much of a good thing can do more harm than good.
Today, America has permitted Ukraine to fire missiles directly into Russian territory. Russia counters by placing missiles close to the American heartland.
The assumption was that by removing Russia from SWIFT, it would not be able to sell its oil overseas. Biden would have cut off the chief source of Russian international trade and finance. However, ultimately, Biden shot at the Russian oil trade and hit the PetroDollar instead.
The assumption was that by removing Russia from SWIFT, it would not be able to sell its oil overseas. Biden would have cut off the chief source of Russian international trade and finance. However, ultimately, Biden shot at the Russian oil trade and hit the PetroDollar instead.
Listening to the Press reports it all seems superb. Core Inflation, read the headlines, was the lowest in three years, while personal spending and incomes were higher.
I don't know about you, but I thought they must be talking about someone else because my household income hasn't increased. It seems like we have less money to spend, not more.
Americans had voted to get the "adults" back in charge and bring peace. What they received were two new conflicts that have brought us closer to all-out thermonuclear war than ever before.
Americans had voted to get the "adults" back in charge and bring peace. What they received were two new conflicts that have brought us closer to all-out thermonuclear war than ever before.
Americans had voted to get the "adults" back in charge and bring peace. What they received were two new conflicts that have brought us closer to all-out thermonuclear war than ever before.
Americans had voted to get the "adults" back in charge and bring peace. What they received were two new conflicts that have brought us closer to all-out thermonuclear war than ever before.
He's one of the most recognizable people in today's world. Nearly every day, you see Zelenskyy on television. With his distinctive green shirt and camo pants, he has become a regular on TV news, especially in America.
He's one of the most recognizable people in today's world. Nearly every day, you see Zelenskyy on television. With his distinctive green shirt and camo pants, he has become a regular on TV news, especially in America.
He's one of the most recognizable people in today's world. Nearly every day, you see Zelenskyy on television. With his distinctive green shirt and camo pants, he has become a regular on TV news, especially in America.
Listening to the Press reports it all seems superb. Core Inflation, read the headlines, was the lowest in three years, while personal spending and incomes were higher.
I don't know about you, but I thought they must be talking about someone else because my household income hasn't increased. It seems like we have less money to spend, not more.
Listening to the Press reports it all seems superb. Core Inflation, read the headlines, was the lowest in three years, while personal spending and incomes were higher.
I don't know about you, but I thought they must be talking about someone else because my household income hasn't increased. It seems like we have less money to spend, not more.
Listening to the Press reports it all seems superb. Core Inflation, read the headlines, was the lowest in three years, while personal spending and incomes were higher.
I don't know about you, but I thought they must be talking about someone else because my household income hasn't increased. It seems like we have less money to spend, not more.
On Tuesday, Russian President Vladimir Putin issued stern warnings to Western Leaders not to allow Ukraine to have missiles that would be able to strike deep into Russian territory.
On Tuesday, Russian President Vladimir Putin issued stern warnings to Western Leaders not to allow Ukraine to have missiles that would be able to strike deep into Russian territory.
This morning, the Bureau of Economic Analysis released a shocking report on the current state of American Business. Buried within this morning's report on the Nation's GDP was the report on Corporate Profits for Q1 2024. Today's report was the preliminary report on Profits, and next month's report will have a final revision.
This morning, the Bureau of Economic Analysis released a shocking report on the current state of American Business. Buried within this morning's report on the Nation's GDP was the report on Corporate Profits for Q1 2024. Today's report was the preliminary report on Profits, and next month's report will have a final revision.
The Second World War came to an abrupt and decisive end, when the United States detonated twin nuclear bombs over the cities of Hiroshima and Nagasaki. Thus ended the world's most costly conflict, while, at the same time, beginning the “Nuclear Era.”
For the next 79 years the world has existed in an uneasy truce. A time when the two principal nuclear super-powers, the United States, and initially the Soviet Union, now the Russian Federation, face each other with the weapons of global annihilation.
It’s a fitting question on this Memorial Day, 2024. After all, this is the day we set aside to remember those who have made the ultimate sacrifice to defend this country. From Arlington Cemetery to the Punch Bowl in Honolulu, a sea of white crosses marks the graves of those who have fallen.
It’s a fitting question on this Memorial Day, 2024. After all, this is the day we set aside to remember those who have made the ultimate sacrifice to defend this country. From Arlington Cemetery to the Punch Bowl in Honolulu, a sea of white crosses marks the graves of those who have fallen.
It’s a fitting question on this Memorial Day, 2024. After all, this is the day we set aside to remember those who have made the ultimate sacrifice to defend this country. From Arlington Cemetery to the Punch Bowl in Honolulu, a sea of white crosses marks the graves of those who have fallen.
It’s a fitting question on this Memorial Day, 2024. After all, this is the day we set aside to remember those who have made the ultimate sacrifice to defend this country. From Arlington Cemetery to the Punch Bowl in Honolulu, a sea of white crosses marks the graves of those who have fallen.
Virtually the entire country falls into the consumer sector. With very few exceptions, we all shop. We all need to purchase the necessities of life, like clothing and groceries. Sometimes, we buy major durable goods like furniture and automobiles.
Virtually the entire country falls into the consumer sector. With very few exceptions, we all shop. We all need to purchase the necessities of life, like clothing and groceries. Sometimes, we buy major durable goods like furniture and automobiles.
America's stimulus-powered economic growth peaked in 2021, principally powered by stimulus “income”; the economy “grew” at a remarkable 5.8%. However, this was achieved by increasing the Government Deficit by nearly 10%, a mountain of debt the interest of which must now be paid.
America's stimulus-powered economic growth peaked in 2021, principally powered by stimulus “income”; the economy “grew” at a remarkable 5.8%. However, this was achieved by increasing the Government Deficit by nearly 10%, a mountain of debt the interest of which must now be paid.
America's stimulus-powered economic growth peaked in 2021. Powered principally by stimulus “income,” the economy “grew” at a remarkable 5.8%. But this was achieved by increasing the Government Deficit by nearly 10%, a mountain of debt, the interest of which must now be paid.
America's stimulus-powered economic growth peaked in 2021, powered principally by stimulus “income”, the economy “grew” at a remarkable 5.8%. But this was achieved by increasing the Government Deficit by nearly 10%, a mountain of debt the interest of which must now be paid.
British Gas is one of Britain’s largest natural gas companies, and soon, they discovered one of the most important fields in their history. By BG’s estimate, just 22 miles offshore from Gaza, at least one trillion cubic feet of natural Gas.
British Gas is one of Britain’s largest natural gas companies, and soon, they discovered one of the most important fields in their history. By BG’s estimate, just 22 miles offshore from Gaza, at least one trillion cubic feet of natural Gas.
British Gas is one of Britain’s largest natural gas companies, and soon, they discovered one of the most important fields in their history. By BG’s estimate, just 22 miles offshore from Gaza, at least one trillion cubic feet of natural Gas.
British Gas is one of Britain’s largest natural gas companies, and soon, they discovered one of the most important fields in their history. By BG’s estimate, just 22 miles offshore from Gaza, at least one trillion cubic feet of natural Gas.
Russian President Vladimir Putin flew to Beijing this week to meet with Chinese Leader Xi Jinping in what was expected to be a perfunctory meeting between the two leaders of the Global South. Most analysts did not expect this meeting to be much more than part of the newly re-elected Putin's world tour, a perfunctory greeting to Russia's most important ally.
We were wrong!
Russian President Vladimir Putin flew to Beijing this week to meet with Chinese Leader Xi Jinping in what was expected to be a perfunctory meeting between the two leaders of the Global South. Most analysts did not expect this meeting to be much more than part of the newly re-elected Putin's world tour, a perfunctory greeting to Russia's most important ally.
We were wrong!
Russian President Vladimir Putin flew to Beijing this week to meet with Chinese Leader Xi Jinping in what was expected to be a perfunctory meeting between the two leaders of the Global South. Most analysts did not expect this meeting to be much more than part of the newly re-elected Putin's world tour, a perfunctory greeting to Russia's most important ally.
We were wrong!
My recent story, “To My Fellow Boomers, It’s Time To Take A Second Look At Gaza,” has elicited a firestorm of responses. Although most have been quite favorable, several, including among my friends and family, have been sharply critical.
I’d like to focus on those critiques today because they bring up some of the most significant issues we face as a nation: How do we know what’s happening around us? Specifically, how do we know what’s happening with these Campus, pro-Palestinian demonstrations?
My recent story, “To My Fellow Boomers, It’s Time To Take A Second Look At Gaza,” has elicited a firestorm of responses. Although most have been quite favorable, several, including among my friends and family, have been sharply critical.
I’d like to focus on those critiques today because they bring up some of the most significant issues we face as a nation: How do we know what’s happening around us? Specifically, how do we know what’s happening with these Campus, pro-Palestinian demonstrations?
This is an especially difficult time of the year for students; final exams lie directly ahead, and after an especially cold winter, at least here in the Northeast, Spring fever is in full swing. I dare say most students would rather grab their textbooks and head out to the nearest lawn to kick back and put in a few sunny hours of study.
This is an especially difficult time of the year for students; final exams lie directly ahead, and after an especially cold winter, at least here in the Northeast, Spring fever is in full swing. I dare say most students would rather grab their textbooks and head out to the nearest lawn to kick back and put in a few sunny hours of study.
This is an especially difficult time of the year for students; final exams lie directly ahead, and after an especially cold winter, at least here in the Northeast, Spring fever is in full swing. I dare say most students would rather grab their textbooks and head out to the nearest lawn to kick back and put in a few sunny hours of study.
This is an especially difficult time of the year for students; final exams lie directly ahead, and after an especially cold winter, at least here in the Northeast, Spring fever is in full swing. I dare say most students would rather grab their textbooks and head out to the nearest lawn to kick back and put in a few sunny hours of study.
For the next 79 years, the world had existed in an uneasy truce. It was a time when the two principal nuclear superpowers, the United States and, initially, the Soviet Union, now the Russian Federation, faced each other with the weapons of global annihilation.
In the past two years, that face-off has become even more belligerent, as the war in Ukraine has brought these two super-powers to the brink of direct, and likely nuclear, confrontation.
For the next 79 years, the world had existed in an uneasy truce. It was a time when the two principal nuclear superpowers, the United States and, initially, the Soviet Union, now the Russian Federation, faced each other with the weapons of global annihilation.
In the past two years, that face-off has become even more belligerent, as the war in Ukraine has brought these two super-powers to the brink of direct, and likely nuclear, confrontation.
I often think of Wall Street as the smallest town in America. It has its own language, its own way of doing things, and, above all, its own way of viewing the world.
Since the beginning of this most recent phase of the conflict, the United States has been the principal supplier of Ukrainian military arms and systems. It has presented America with an unrivaled test and assessment of its Military Production Capacity. On paper, this was a mismatch of historical proportions. After all, the US is the world's most significant arms producer. Of every dollar spent on global military production, the US produces 63 cents. That's right, nearly two-thirds of all weapons produced worldwide are "made in the USA."
Since the beginning of this most recent phase of the conflict, the United States has been the principal supplier of Ukrainian military arms and systems. It has presented America with an unrivaled test and assessment of its Military Production Capacity. On paper, this was a mismatch of historical proportions. After all, the US is the world's most significant arms producer. Of every dollar spent on global military production, the US produces 63 cents. That's right, nearly two-thirds of all weapons produced worldwide are "made in the USA."
Since the beginning of this most recent phase of the conflict, the United States has been the principal supplier of Ukrainian military arms and systems. It has presented America with an unrivaled test and assessment of its Military Production Capacity. On paper, this was a mismatch of historical proportions. After all, the US is the world's most significant arms producer. Of every dollar spent on global military production, the US produces 63 cents. That's right, nearly two-thirds of all weapons produced worldwide are "made in the USA."
Now passed and signed into law by the President, the Repo "Act" is nothing less than an attack on Private Property and the latest blow against global trade and finance.
Now passed and signed into law by the President, the Repo "Act" is nothing less than an attack on Private Property and the latest blow against global trade and finance.
Now passed and signed into law by the President, the Repo "Act" is nothing less than an attack on Private Property and the latest blow against global trade and finance.
Now passed and signed into law by the President, the Repo "Act" is nothing less than an attack on Private Property and the latest blow against global trade and finance.
America no longer declares war; instead, we "budget." The last war that America declared was World War II. And yet, today, we are bogged down in endless conflict. The United States has been involved in no fewer than 13 conflicts in the 24 years of the 21st century. That's a new war every two years.
America no longer declares war; instead, we "budget." The last war that America declared was World War II. And yet, today, we are bogged down in endless conflict. The United States has been involved in no fewer than 13 conflicts in the 24 years of the 21st century. That's a new war every two years.
America no longer declares war; instead, we "budget." The last war that America declared was World War II. And yet, today, we are bogged down in endless conflict. The United States has been involved in no fewer than 13 conflicts in the 24 years of the 21st century. That's a new war every two years.
America no longer declares war; instead, we "budget." The last war that America declared was World War II. And yet, today, we are bogged down in endless conflict. The United States has been involved in no fewer than 13 conflicts in the 24 years of the 21st century. That's a new war every two years.
I was recently asked what my number one recommendation for surviving this economic storm would be. Here's the strategy I've adopted for the Reavill household and one I suggest for you.
I was recently asked what my number one recommendation for surviving this economic storm would be. Here's the strategy I've adopted for the Reavill household and one I suggest for you.
I was recently asked what my number one recommendation for surviving this economic storm would be. Here's the strategy I've adopted for the Reavill household and one I suggest for you.
I was recently asked what my number one recommendation for surviving this economic storm would be. Here's the strategy I've adopted for the Reavill household and one I suggest for you.
I discussed with Bennett Hunter, Nathan Baker, and Nancy Churchill about the ins and outs of the US Government and American corporations working together. Is this a positive or negative for our country?
I had a discussion with Bennett Hunter, Nathan Baker, and Nancy Churchill about the ins and outs of the US Government and American corporations working together. Is this a positive or negative thing for our country?
President Biden has pursued the Ukraine Conflict with single-minded ferocity, spending hundreds of billions of US Dollars and costing hundreds of thousands of Ukrainian lives. Here is our perspective.
President Biden has pursued the Ukraine Conflict with single-minded ferocity, spending hundreds of billions of US Dollars and costing hundreds of thousands of Ukrainian lives. Here is our perspective.
Few organizations throughout history have exceeded the modern American mega-corporation when it comes to gathering money, power, and influence. The question becomes, are they so dominant as to be called a “Monopoly?” The term “monopoly” is a tricky one. In the United States, we like to define “monopoly” in the legal sense. Something is a “monopoly” if the law says it’s a “monopoly.” We rely on a 134-year-old law named the Sherman Antitrust Act.
Few organizations throughout history have exceeded the modern American mega-corporation when it comes to gathering money, power, and influence. The question becomes, are they so dominant as to be called a “Monopoly?” The term “monopoly” is a tricky one. In the United States, we like to define “monopoly” in the legal sense. Something is a “monopoly” if the law says it’s a “monopoly.” We rely on a 134-year-old law named the Sherman Antitrust Act.
Monday, Dave Calhoun, the CEO of Boeing, announced his resignation. The Financial Press is full of headlines today: the Boeing CEO is stepping down in light of the ongoing "safety crisis" at Boeing. Indeed, the adverse press surrounding Boeing Commercial Airlines might have been the final straw that forced Calhoun to leave. But there is much, much more to the Boeing story.
Monday, Dave Calhoun, the CEO of Boeing, announced his resignation. The Financial Press is full of headlines today: the Boeing CEO is stepping down in light of the ongoing "safety crisis" at Boeing. Indeed, the adverse press surrounding Boeing Commercial Airlines might have been the final straw that forced Calhoun to leave. But there is much, much more to the Boeing story.
Monday, Dave Calhoun, the CEO of Boeing, announced his resignation. The Financial Press is full of headlines today: the Boeing CEO is stepping down in light of the ongoing "safety crisis" at Boeing. Indeed, the adverse press surrounding Boeing Commercial Airlines might have been the final straw that forced Calhoun to leave. But there is much, much more to the Boeing story.
Monday, Dave Calhoun, the CEO of Boeing, announced his resignation. The Financial Press is full of headlines today: the Boeing CEO is stepping down in light of the ongoing "safety crisis" at Boeing. Indeed, the adverse press surrounding Boeing Commercial Airlines might have been the final straw that forced Calhoun to leave. But there is much, much more to the Boeing story.
In part I, we discussed the beginning of the first Cold War; today, we continue with the new Cold War II.
In part I, we discussed the beginning of the first Cold War; today, we continue with the new Cold War II.
In part I, we discussed the beginning of the first Cold War; today, we continue with the new Cold War II.
This month marks the 78th anniversary of what is likely the most impactful political speech of the 20th Century. Delivered on March 5, 1946 in Fulton, MO, in the heartland of America. The venue was tiny Westminster College, hardly the place one thinks of for a historic address to the nation.
This month marks the 78th anniversary of what is likely the most impactful political speech of the 20th Century. Delivered on March 5, 1946 in Fulton, MO, in the heartland of America. The venue was tiny Westminster College, hardly the place one thinks of for a historic address to the nation.
This month marks the 78th anniversary of what is likely the most impactful political speech of the 20th Century. Delivered on March 5, 1946 in Fulton, MO, in the heartland of America. The venue was tiny Westminster College, hardly the place one thinks of for a historic address to the nation.
This month marks the 78th anniversary of what is likely the most impactful political speech of the 20th Century. Delivered on March 5, 1946 in Fulton, MO, in the heartland of America. The venue was tiny Westminster College, hardly the place one thinks of for a historic address to the nation.
Whew! I just got off the phone with another client, petrified that the current level of American debt would cause a financial crash. Let's take a more in-depth look at this issue.
Whew! I just got off the phone with another client, petrified that the current level of American debt would cause a financial crash. Let's take a more in-depth look at this issue.
Whew! I just got off the phone with another client, petrified that the current level of American debt would cause a financial crash. Let's take a more in-depth look at this issue.
Whew! I just got off the phone with another client, petrified that the current level of American debt would cause a financial crash. Let's take a more in-depth look at this issue.
However, the most important recent development affecting the "Model" was the announcement earlier this week that iPhone sales in China dropped an astounding one-quarter for the first part of 2024. The reason? Increased competition from, of all places, the Chinese homegrown company Huawei. It was stunning.
However, the most important recent development affecting the "Model" was the announcement earlier this week that iPhone sales in China dropped an astounding one-quarter for the first part of 2024. The reason? Increased competition from, of all places, the Chinese homegrown company Huawei. It was stunning.
However, the most important recent development affecting the "Model" was the announcement earlier this week that iPhone sales in China dropped an astounding one-quarter for the first part of 2024. The reason? Increased competition from, of all places, the Chinese homegrown company Huawei. It was stunning.
However, the most important recent development affecting the "Model" was the announcement earlier this week that iPhone sales in China dropped an astounding one-quarter for the first part of 2024. The reason? Increased competition from, of all places, the Chinese homegrown company Huawei. It was stunning.
These are challenging times. The world seems unhinged. Wars have broken out around the globe, with rumors of even more conflicts to come. There is a very real specter of famine, especially in those areas like Gaza that are embroiled in fighting.
Here at home, civil unrest continues to be in the headlines, with looting and violence encompassing our cities. We continue to be haunted by pestilence, as new reports that yet another pandemic seems to be headed our way.
These are challenging times. The world seems unhinged. Wars have broken out around the globe, with rumors of even more conflicts to come. There is a very real specter of famine, especially in those areas like Gaza that are embroiled in fighting.
Here at home, civil unrest continues to be in the headlines, with looting and violence encompassing our cities. We continue to be haunted by pestilence, as new reports that yet another pandemic seems to be headed our way.
These are challenging times. The world seems unhinged. Wars have broken out around the globe, with rumors of even more conflicts to come. There is a very real specter of famine, especially in those areas like Gaza that are embroiled in fighting.
Here at home, civil unrest continues to be in the headlines, with looting and violence encompassing our cities. We continue to be haunted by pestilence, as new reports that yet another pandemic seems to be headed our way.
These are challenging times. The world seems unhinged. Wars have broken out around the globe, with rumors of even more conflicts to come. There is a very real specter of famine, especially in those areas like Gaza that are embroiled in fighting.
Here at home, civil unrest continues to be in the headlines, with looting and violence encompassing our cities. We continue to be haunted by pestilence, as new reports that yet another pandemic seems to be headed our way.
I've been very fortunate to have met many Wall Street Veterans who survived the crash. My career began in 1972, 43 years after Black Tuesday, when markets lost $9 billion, equal to 1% of the nation's GDP. Today's equivalent loss would be roughly $250 billion, or about thirty times an average day's trading.
I've been very fortunate to have met many Wall Street Veterans who survived the crash. My career began in 1972, 43 years after Black Tuesday, when markets lost $9 billion, equal to 1% of the nation's GDP. Today's equivalent loss would be roughly $250 billion, or about thirty times an average day's trading.
I've been very fortunate to have met many Wall Street Veterans who survived the crash. My career began in 1972, 43 years after Black Tuesday, when markets lost $9 billion, equal to 1% of the nation's GDP. Today's equivalent loss would be roughly $250 billion, or about thirty times an average day's trading.
I've been very fortunate to have met many Wall Street Veterans who survived the crash. My career began in 1972, 43 years after Black Tuesday, when markets lost $9 billion, equal to 1% of the nation's GDP. Today's equivalent loss would be roughly $250 billion, or about thirty times an average day's trading.
The world is still buzzing about Tucker Carlson’s interview with Russian President Vladimir Putin. You may have been surprised to hear Putin indicate that the conflict between Russia and Ukraine began much earlier than February of 2022 when Russian troops crossed the border into Ukraine.
The world is still buzzing about Tucker Carlson’s interview with Russian President Vladimir Putin. You may have been surprised to hear Putin indicate that the conflict between Russia and Ukraine began much earlier than February of 2022 when Russian troops crossed the border into Ukraine.
The world is still buzzing about Tucker Carlson’s interview with Russian President Vladimir Putin. You may have been surprised to hear Putin indicate that the conflict between Russia and Ukraine began much earlier than February of 2022 when Russian troops crossed the border into Ukraine.
The world is still buzzing about Tucker Carlson’s interview with Russian President Vladimir Putin. You may have been surprised to hear Putin indicate that the conflict between Russia and Ukraine began much earlier than February of 2022 when Russian troops crossed the border into Ukraine.
The risks here for President Biden's reelection campaign are enormous. In an extended and far-ranging trial of Israel at the ICJ, the United States could be brought into the litigation as the chief accomplice. After all, it has been the Biden Administration that has been steadfast in supplying Israel with all the arms and support needed to pursue the battle against Hamas.
The risks here for President Biden's reelection campaign are enormous. In an extended and far-ranging trial of Israel at the ICJ, the United States could be brought into the litigation as the chief accomplice. After all, it has been the Biden Administration that has been steadfast in supplying Israel with all the arms and support needed to pursue the battle against Hamas.
Last week, the World Economic Forum held its 2024 Annual Meeting in Davos, Switzerland. It is the top, the very pinnacle of worldwide leaders in politics and economics. What the WEF likes to refer to as the Global "Stakeholders." Stakeholders is a relatively obscure term that Klaus Schwab rescued from the dustbin of investment language to describe those who are invested in and manage their countries.
Last week, the World Economic Forum held its 2024 Annual Meeting in Davos, Switzerland. It is the top, the very pinnacle of worldwide leaders in politics and economics. What the WEF likes to refer to as the Global "Stakeholders." Stakeholders is a relatively obscure term that Klaus Schwab rescued from the dustbin of investment language to describe those who are invested in and manage their countries.
Last week, the World Economic Forum held its 2024 Annual Meeting in Davos, Switzerland. It is the top, the very pinnacle of worldwide leaders in politics and economics. What the WEF likes to refer to as the Global "Stakeholders." Stakeholders is a relatively obscure term that Klaus Schwab rescued from the dustbin of investment language to describe those who are invested in and manage their countries.
Last week, the World Economic Forum held its 2024 Annual Meeting in Davos, Switzerland. It is the top, the very pinnacle of worldwide leaders in politics and economics. What the WEF likes to refer to as the Global "Stakeholders." Stakeholders is a relatively obscure term that Klaus Schwab rescued from the dustbin of investment language to describe those who are invested in and manage their countries.
Adam Smith provided a formula for a Nation to become wealthy. Countries could become self-sufficient and wealthy by making things and manufacturing the goods and products needed for everyday life. Their wealth would grow as their manufacturing became streamlined and efficient and utilized the latest machinery and production methods. Providing those items the people used daily would raise everyone's overall standard of living.
Adam Smith provided a formula for a Nation to become wealthy. Countries could become self-sufficient and wealthy by making things and manufacturing the goods and products needed for everyday life. Their wealth would grow as their manufacturing became streamlined and efficient and utilized the latest machinery and production methods. Providing those items the people used daily would raise everyone's overall standard of living.
Adam Smith provided a formula for a Nation to become wealthy. Countries could become self-sufficient and wealthy by making things and manufacturing the goods and products needed for everyday life. Their wealth would grow as their manufacturing became streamlined and efficient and utilized the latest machinery and production methods. Providing those items the people used daily would raise everyone's overall standard of living.
Adam Smith provided a formula for a Nation to become wealthy. Countries could become self-sufficient and wealthy by making things and manufacturing the goods and products needed for everyday life. Their wealth would grow as their manufacturing became streamlined and efficient and utilized the latest machinery and production methods. Providing those items the people used daily would raise everyone's overall standard of living.
Today, the interests of Ukraine, Israel, and the United States have become fused into one. While it may be difficult for those within the US Borders to see this, it is becoming increasingly apparent to the rest of the world. The latest UN Vote for a Cease-Fire in Gaza had 120 Nations affirm a halt in fighting, while a mere 13 other countries joined the United States in voting to continue the fight.
Today, the interests of Ukraine, Israel, and the United States have become fused into one. While it may be difficult for those within the US Borders to see this, it is becoming increasingly apparent to the rest of the world. The latest UN Vote for a Cease-Fire in Gaza had 120 Nations affirm a halt in fighting, while a mere 13 other countries joined the United States in voting to continue the fight.
Today, the interests of Ukraine, Israel, and the United States have become fused into one. While it may be difficult for those within the US Borders to see this, it is becoming increasingly apparent to the rest of the world. The latest UN Vote for a Cease-Fire in Gaza had 120 Nations affirm a halt in fighting, while a mere 13 other countries joined the United States in voting to continue the fight.
Today, the interests of Ukraine, Israel, and the United States have become fused into one. While it may be difficult for those within the US Borders to see this, it is becoming increasingly apparent to the rest of the world. The latest UN Vote for a Cease-Fire in Gaza had 120 Nations affirm a halt in fighting, while a mere 13 other countries joined the United States in voting to continue the fight.
Earlier this week, Nippon Steel of Japan announced that it would acquire US Steel for 14.9 Billion (USD). America had lost its last great, fully self-sufficient steel maker.
Here's the story of how it happened:
Earlier this week, Nippon Steel of Japan announced that it would acquire US Steel for 14.9 Billion (USD). America had lost its last great, fully self-sufficient steel maker.
Here's the story of how it happened:
Earlier this week, Nippon Steel of Japan announced that it would acquire US Steel for 14.9 Billion (USD). America had lost its last great, fully self-sufficient steel maker.
Here's the story of how it happened:
Earlier this week, Nippon Steel of Japan announced that it would acquire US Steel for 14.9 Billion (USD). America had lost its last great, fully self-sufficient steel maker.
Here's the story of how it happened:
Regrettably, the events unfolding in Gaza increase the probability of a conflict that lasts not just for months or years but for generations. I know that many hope and pray that hostilities will be over shortly. Unfortunately, that doesn't appear likely.
Regrettably, the events unfolding in Gaza increase the probability of a conflict that lasts not just for months or years but for generations. I know that many hope and pray that hostilities will be over shortly. Unfortunately, that doesn't appear likely.
Regrettably, the events unfolding in Gaza increase the probability of a conflict that lasts not just for months or years but for generations. I know that many hope and pray that hostilities will be over shortly. Unfortunately, that doesn't appear likely.
Regrettably, the events unfolding in Gaza increase the probability of a conflict that lasts not just for months or years but for generations. I know that many hope and pray that hostilities will be over shortly. Unfortunately, that doesn't appear likely.
Today, Financial Leverage is simply the way we do business. Most of us don't give it a second thought: when we go to the store, we pull out the "plastic" and pay for our goods and items. Little do we realize that we have just made a loan with our credit card company. The dollars we're using to pay are part of a revolving loan with our VISA, Master Card, or other credit provider.
Today, Financial Leverage is simply the way we do business. Most of us don't give it a second thought: when we go to the store, we pull out the "plastic" and pay for our goods and items. Little do we realize that we have just made a loan with our credit card company. The dollars we're using to pay are part of a revolving loan with our VISA, Master Card, or other credit provider.
Today, Financial Leverage is simply the way we do business. Most of us don't give it a second thought: when we go to the store, we pull out the "plastic" and pay for our goods and items. Little do we realize that we have just made a loan with our credit card company. The dollars we're using to pay are part of a revolving loan with our VISA, Master Card, or other credit provider.
However, at this point, a puzzle emerged. Some more enterprising analysts noticed that the Gross Domestic Product did not equal the Gross Domestic Income (GDI). While the Product advanced at an annual rate of 5.2%, Income was up only 1.5%. The difference between the two measures is 3.7%. It's one of the most significant differentials anyone can recall.
However, at this point, a puzzle emerged. Some more enterprising analysts noticed that the Gross Domestic Product did not equal the Gross Domestic Income (GDI). While the Product advanced at an annual rate of 5.2%, Income was up only 1.5%. The difference between the two measures is 3.7%. It's one of the most significant differentials anyone can recall.
However, at this point, a puzzle emerged. Some more enterprising analysts noticed that the Gross Domestic Product did not equal the Gross Domestic Income (GDI). While the Product advanced at an annual rate of 5.2%, Income was up only 1.5%. The difference between the two measures is 3.7%. It's one of the most significant differentials anyone can recall.
However, at this point, a puzzle emerged. Some more enterprising analysts noticed that the Gross Domestic Product did not equal the Gross Domestic Income (GDI). While the Product advanced at an annual rate of 5.2%, Income was up only 1.5%. The difference between the two measures is 3.7%. It's one of the most significant differentials anyone can recall.
December 23rd, 2023, will mark the 110th anniversary of the Federal Reserve Board. Created before credit cards, before electronic funds transfer (EFT), before instant communications and the internet, and indeed before computers, the question arises: do we still need this anachronistic Central Bank?
December 23rd, 2023, will mark the 110th anniversary of the Federal Reserve Board. Created before credit cards, before electronic funds transfer (EFT), before instant communications and the internet, and indeed before computers, the question arises: do we still need this anachronistic Central Bank?
December 23rd, 2023, will mark the 110th anniversary of the Federal Reserve Board. Created before credit cards, before electronic funds transfer (EFT), before instant communications and the internet, and indeed before computers, the question arises: do we still need this anachronistic Central Bank?
It's one of those special memories that I look back upon and cherish, with just a hint of mystery. The year was 2001, and we were visiting my old hometown, Santa Barbara. After attending Mass at Mission Santa Barbara, we headed to the Four Seasons, renowned for its Sunday Brunch. It was the perfect place for the family to enjoy a bite to eat.
It's one of those special memories that I look back upon and cherish, with just a hint of mystery. The year was 2001, and we were visiting my old hometown, Santa Barbara. After attending Mass at Mission Santa Barbara, we headed to the Four Seasons, renowned for its Sunday Brunch. It was the perfect place for the family to enjoy a bite to eat.
This week, the master of Global Chess came to San Francisco to meet his chief adversary. Xi Jinping, President of the People's Republic of China, was meeting Joe Biden, President of the United States.
This week, the master of Global Chess came to San Francisco to meet his chief adversary. Xi Jinping, President of the People's Republic of China, was meeting Joe Biden, President of the United States.
The Mainstream Media, with help from the Biden Administration, is trying to portray Tuesday's election as a return to the issues of the 1980s, primarily touting women's right to an abortion. It's a puzzling move, especially at a time when the literal survival of our nation is at stake.
The Mainstream Media, with help from the Biden Administration, is trying to portray Tuesday's election as a return to the issues of the 1980s, primarily touting women's right to an abortion. It's a puzzling move, especially at a time when the literal survival of our nation is at stake.
For the past couple of years, we've been told this is a robust and vibrant economy and that the recovery from the COVID Lockdown is complete. Inevitably, these Pollyannas point to the strong labor market as their proof.
For the past couple of years, we've been told this is a robust and vibrant economy and that the recovery from the COVID Lockdown is complete. Inevitably, these Pollyannas point to the strong labor market as their proof.
If you were asked: "what's inflation?" it's likely that you might give a couple of different answers. On the one hand, you might say: "It's when prices rise." Or, on the other hand, you may respond: "It's when things cost more." Both answers would be correct. But there's a mile's worth of difference between the two.
If you were asked: "what's inflation?" it's likely that you might give a couple of different answers. On the one hand, you might say: "It's when prices rise." Or, on the other hand, you may respond: "It's when things cost more." Both answers would be correct. But there's a mile's worth of difference between the two.
Like almost everything about our current Economy, this began with the COVID-19 pandemic and the steps to "lockdown" commercial activity. American politicians, from the President down to the local councilman, put in special rules to quarantine people everywhere.
Like almost everything about our current Economy, this began with the COVID-19 pandemic and the steps to "lockdown" commercial activity. American politicians, from the President down to the local councilman, put in special rules to quarantine people everywhere.
We're the United States of America for God's sake, the most powerful nation in the history-- not in the world, in the history of the world. The history of the world. We can take care of both of these (Ukraine and Israel) and still maintain our overall international defense.
President Biden on CBS 60 Minutes October 15, 2023
We're the United States of America for God's sake, the most powerful nation in the history-- not in the world, in the history of the world. The history of the world. We can take care of both of these (Ukraine and Israel) and still maintain our overall international defense.
President Biden on CBS 60 Minutes October 15, 2023
President Biden's decision to block Russia from using the Society For Worldwide Interbank Financial Telecommunications (SWIFT)) has been epic.
President Biden's decision to block Russia from using the Society For Worldwide Interbank Financial Telecommunications (SWIFT)) has been epic.
It's the story of a finely tuned economic machine that is as delicate and precise as a Swiss watch. It's the American Economy and perhaps the most complicated social organization ever created.
It's the story of a finely tuned economic machine that is as delicate and precise as a Swiss watch. It's the American Economy and perhaps the most complicated social organization ever created.
"I have directed the USS Dwight D. Eisenhower Carrier Strike Group to begin moving into the Eastern Mediterranean," with those words, Defense Secretary Lloyd Austin signaled that the full power and might of the United States would come to the support of Israel, in its hostilities with Hamas, the Islamic Resistance Movement.
"I have directed the USS Dwight D. Eisenhower Carrier Strike Group to begin moving into the Eastern Mediterranean," with those words, Defense Secretary Lloyd Austin signaled that the full power and might of the United States would come to the support of Israel, in its hostilities with Hamas, the Islamic Resistance Movement.
On this day, September 11, 1990, the American President announced the beginning of the New World Order. Appropriately enough, it was President George HW Bush who made the announcement. After all, he was its chief architect. Before a special Joint Congress session, Bush outlined his vision for this New Order of the Ages.
On this day, September 11, 1990, the American President announced the beginning of the New World Order. Appropriately enough, it was President George HW Bush who made the announcement. After all, he was its chief architect. Before a special Joint Congress session, Bush outlined his vision for this New Order of the Ages.
And so the exodus began. American factories, by the droves, moved across the Pacific. The elites were happy, as profit margins, driven chiefly by this low-cost Chinese production, continued to increase. The overall effect on the American economy was profound. Consider this: the most profitable companies, the ones with the most significant incomes, all follow this business model, American marketing with offshore (principally Chinese) production. Almost the entire US Tech Industry now has its manufacturing facilities in Asia.
And so the exodus began. American factories, by the droves, moved across the Pacific. The elites were happy, as profit margins, driven chiefly by this low-cost Chinese production, continued to increase. The overall effect on the American economy was profound. Consider this: the most profitable companies, the ones with the most significant incomes, all follow this business model, American marketing with offshore (principally Chinese) production. Almost the entire US Tech Industry now has its manufacturing facilities in Asia.
As you've no doubt guessed, the organization we're referring to is our Government and its budget process. September is the final month in the Federal Fiscal Year and the time when a budget must be prepared and approved for next year.
As you've no doubt guessed, the organization we're referring to is our Government and its budget process. September is the final month in the Federal Fiscal Year and the time when a budget must be prepared and approved for next year.
When this conflict in Ukraine began, it all seemed so black and white, so clear cut. Russia, in a wanton act of aggression and with no provocation, had invaded Ukraine. And, as has often been the case throughout our history, America rode to the rescue of Ukraine.
When this conflict in Ukraine began, it all seemed so black and white, so clear cut. Russia, in a wanton act of aggression and with no provocation, had invaded Ukraine. And, as has often been the case throughout our history, America rode to the rescue of Ukraine.
When this conflict in Ukraine began, it all seemed so black and white, so clear cut. Russia, in a wanton act of aggression and with no provocation, had invaded Ukraine. And, as has often been the case throughout our history, America rode to the rescue of Ukraine.
When this conflict in Ukraine began, it all seemed so black and white, so clear cut. Russia, in a wanton act of aggression and with no provocation, had invaded Ukraine. And, as has often been the case throughout our history, America rode to the rescue of Ukraine.
For months, the Biden Administration and the Federal Reserve have told us that this Economy is just like Goldilocks. The tale of a little girl who finds that breakfast has been served. And what's more, it's "just right." Like the Economy, it's not too hot, and it's not too cold. President Biden tells us that we're "building back better." Over at the Federal Reserve, Jerome Powell tells us that endless monetary tightening will solve the inflation problem without causing undue slowing in the Economy. It's all "just right."
For months, the Biden Administration and the Federal Reserve have told us that this Economy is just like Goldilocks. The tale of a little girl who finds that breakfast has been served. And what's more, it's "just right." Like the Economy, it's not too hot, and it's not too cold. President Biden tells us that we're "building back better." Over at the Federal Reserve, Jerome Powell tells us that endless monetary tightening will solve the inflation problem without causing undue slowing in the Economy. It's all "just right."
For months, the Biden Administration and the Federal Reserve have told us that this Economy is just like Goldilocks. The tale of a little girl who finds that breakfast has been served. And what's more, it's "just right." Like the Economy, it's not too hot, and it's not too cold. President Biden tells us that we're "building back better." Over at the Federal Reserve, Jerome Powell tells us that endless monetary tightening will solve the inflation problem without causing undue slowing in the Economy. It's all "just right."
In the history of Western Civilization, tensions have nearly always existed between the power and authority of the citizens and that of the State. It's easy to forget that Rome began as a Republic and only later transitioned into the Roman Empire. Power transferred, as if on a great Pendulum, from the people to the Caesar. For Rome, this move toward autocracy was due primarily to the life and death of one man, Tiberius Sempronius Gracchus.
In the history of Western Civilization, tensions have nearly always existed between the power and authority of the citizens and that of the State. It's easy to forget that Rome began as a Republic and only later transitioned into the Roman Empire. Power transferred, as if on a great Pendulum, from the people to the Caesar. For Rome, this move toward autocracy was due primarily to the life and death of one man, Tiberius Sempronius Gracchus.
In the history of Western Civilization, tensions have nearly always existed between the power and authority of the citizens and that of the State. It's easy to forget that Rome began as a Republic and only later transitioned into the Roman Empire. Power transferred, as if on a great Pendulum, from the people, to the Caesar. For Rome, this move toward autocracy was due primarily to the life and death of one man, Tiberius Sempronius Gracchus.
There is no doubt that employment will be one of the significant issues in the upcoming Presidential Election. In Wednesday's Republican Presidential Debate, US Senator Tim Scott touted the employment record of the Republican-led Senate two years ago—that fit right in with Washington's overall view of the economy.
There is no doubt that employment will be one of the significant issues in the upcoming Presidential Election. In Wednesday's Republican Presidential Debate, US Senator Tim Scott touted the employment record of the Republican-led Senate two years ago—that fit right in with Washington's overall view of the economy.
Thus an ad hoc invitation by the Russian Foreign Minister began what is rapidly becoming one of the most influential Confabs of Nations worldwide. The 15th BRICS Summit, which began with just Brazil, Russia, India, China, and South Africa, had nearly 50 countries in attendance yesterday. Including the man who started it all, Sergei Lavrov, who will represent the Russian Federation.
Thus an ad hoc invitation by the Russian Foreign Minister began what is rapidly becoming one of the most influential Confabs of Nations worldwide. The 15th BRICS Summit, which began with just Brazil, Russia, India, China, and South Africa, had nearly 50 countries in attendance yesterday. Including the man who started it all, Sergei Lavrov, who will represent the Russian Federation.
Just as they did last year around this time, the Energy Reliability Council of Texas recommends that everyone turn up their thermostats and reduce their energy usage. Why? Because the Texas energy grid cannot supply the peak demand created by another hot Texas summer. Texas has run out of Energy.
Just as they did last year around this time, the Energy Reliability Council of Texas recommends that everyone turn up their thermostats and reduce their energy usage. Why? Because the Texas energy grid cannot supply the peak demand created by another hot Texas summer. Texas has run out of Energy.
This inability by the Fed to change from stimulus to restriction in considerable measure began the rapid rise in prices. Today, the opposite may be the case. If the Recession does begin, the Fed will need to move quickly from a restrictive monetary policy back to stimulus.
This inability by the Fed to change from stimulus to restriction in considerable measure began the rapid rise in prices. Today, the opposite may be the case. If the Recession does begin, the Fed will need to move quickly from a restrictive monetary policy back to stimulus.
The rot in America is palpable; it oozes from the halls of our schools, drips like rancid water from the floors of Washington, and destroys the "unworthy." In our uniquely American version of Reform, there is an implied "moral" component that allows its promoters to accumulate power for themselves. Under the "reform" banner, the United States has been transformed from a nation designed to restrain centralized power to likely the most concentrated control-mechanism of all time.
The rot in America is palpable; it oozes from the halls of our schools, drips like rancid water from the floors of Washington, and destroys the "unworthy." In our uniquely American version of Reform, there is an implied "moral" component that allows its promoters to accumulate power for themselves. Under the "reform" banner, the United States has been transformed from a nation designed to restrain centralized power to likely the most concentrated control-mechanism of all time.
For over nine years, the United States has issued a steadily increasing set of Sanctions against the Russian Federation. It all began in 2014 when the break-away republic of Crimea voted to leave Ukraine and join Russia. The United States objected to the referendum by issuing its first set of sanctions.
For over nine years, the United States has issued a steadily increasing set of Sanctions against the Russian Federation. It all began in 2014 when the break-away republic of Crimea voted to leave Ukraine and join Russia. The United States objected to the referendum by issuing its first set of sanctions.
For over nine years, the United States has issued a steadily increasing set of Sanctions against the Russian Federation. It all began in 2014 when the break-away republic of Crimea voted to leave Ukraine and join Russia. The United States objected to the referendum by issuing its first set of sanctions.
So, I just received my monthly home "Energy Report." You may receive something similar from your electric company. It's a report that shows me how much electricity I used last month and how my home compares to all the others in the neighborhood.
So, I just received my monthly home "Energy Report." You may receive something similar from your electric company. It's a report that shows me how much electricity I used last month and how my home compares to all the others in the neighborhood.
So, I just received my monthly home "Energy Report." You may receive something similar from your electric company. It's a report that shows me how much electricity I used last month and how my home compares to all the others in the neighborhood.
So, I just received my monthly home "Energy Report." You may receive something similar from your electric company. It's a report that shows me how much electricity I used last month and how my home compares to all the others in the neighborhood.
We experienced just such a moment this week when on Tuesday, Fitch Ratings, Incorporated announced that they were lowering the United States rating to just "AA+" from "AAA."
We experienced just such a moment this week when on Tuesday, Fitch Ratings, Incorporated announced that they were lowering the United States rating to just "AA+" from "AAA."
We experienced just such a moment this week when on Tuesday, Fitch Ratings, Incorporated announced that they were lowering the United States rating to just "AA+" from "AAA."
We experienced just such a moment this week when on Tuesday, Fitch Ratings, Incorporated announced that they were lowering the United States rating to just "AA+" from "AAA."
So are you a High-Frequency Trader? A Standard Time Investor? Or A Long-Term Investor? It can make all the difference in how you view the financial world.
So are you a High-Frequency Trader? A Standard Time Investor? Or A Long-Term Investor? It can make all the difference in how you view the financial world.
So are you a High-Frequency Trader? A Standard Time Investor? Or A Long-Term Investor? It can make all the difference in how you view the financial world.
So are you a High-Frequency Trader? A Standard Time Investor? Or A Long-Term Investor? It can make all the difference in how you view the financial world.
Ukraine has been the center of two conflicts, the military and diplomatic, for nearly a decade. We've all seen the military conflict; Leopard Tanks and Kinzhal Missiles fight it. It's the one that grabs all the headlines that many Americans follow. But while the military battles garner our attention, the Diplomatic conflict will likely have a lasting impact on America's future.
Ukraine has been the center of two conflicts, the military and diplomatic, for nearly a decade. We've all seen the military conflict; Leopard Tanks and Kinzhal Missiles fight it. It's the one that grabs all the headlines that many Americans follow. But while the military battles garner our attention, the Diplomatic conflict will likely have a lasting impact on America's future.
Ukraine has been the center of two conflicts, the military and diplomatic, for nearly a decade. We've all seen the military conflict; Leopard Tanks and Kinzhal Missiles fight it. It's the one that grabs all the headlines that many Americans follow. But while the military battles garner our attention, the Diplomatic conflict will likely have a lasting impact on America's future.
Ukraine has been the center of two conflicts, the military and diplomatic, for nearly a decade. We've all seen the military conflict; Leopard Tanks and Kinzhal Missiles fight it. It's the one that grabs all the headlines that many Americans follow. But while the military battles garner our attention, the Diplomatic conflict will likely have a lasting impact on America's future.
I get that very American, upbeat response when I ask people how things are going. "Things are great," "Couldn't be better." It's all part of the essential American character. By nature, we tend to be optimists, seeing the glass as half full. And that robust, positive outlook continues today, but with some reservations.
I get that very American, upbeat response when I ask people how things are going. "Things are great," "Couldn't be better." It's all part of the essential American character. By nature, we tend to be optimists, seeing the glass as half full. And that robust, positive outlook continues today, but with some reservations.
I get that very American, upbeat response when I ask people how things are going. "Things are great," "Couldn't be better." It's all part of the essential American character. By nature, we tend to be optimists, seeing the glass as half full. And that robust, positive outlook continues today, but with some reservations.
I get that very American, upbeat response when I ask people how things are going. "Things are great," "Couldn't be better." It's all part of the essential American character. By nature, we tend to be optimists, seeing the glass as half full. And that robust, positive outlook continues today, but with some reservations.
Virtually all of Wall Street and most seasoned "Fed Watchers" expect the US Federal Reserve to raise interest rates by another one-quarter percent when they announce their latest interest rate decision this afternoon. If so, this will be the eleventh rate hike in just sixteen months and the most rapid rise in history on a percentage basis. The Fed will have taken its primary interest rate from less than one-quarter percent to now five and a half percent.
Virtually all of Wall Street and most seasoned "Fed Watchers" expect the US Federal Reserve to raise interest rates by another one-quarter percent when they announce their latest interest rate decision this afternoon. If so, this will be the eleventh rate hike in just sixteen months and the most rapid rise in history on a percentage basis. The Fed will have taken its primary interest rate from less than one-quarter percent to now five and a half percent.
Virtually all of Wall Street and most seasoned "Fed Watchers" expect the US Federal Reserve to raise interest rates by another one-quarter percent when they announce their latest interest rate decision this afternoon. If so, this will be the eleventh rate hike in just sixteen months and the most rapid rise in history on a percentage basis. The Fed will have taken its primary interest rate from less than one-quarter percent to now five and a half percent.
Virtually all of Wall Street and most seasoned "Fed Watchers" expect the US Federal Reserve to raise interest rates by another one-quarter percent when they announce their latest interest rate decision this afternoon. If so, this will be the eleventh rate hike in just sixteen months and the most rapid rise in history on a percentage basis. The Fed will have taken its primary interest rate from less than one-quarter percent to now five and a half percent.
The country is nearing a series of strikes by Drivers at United Parcel Service (UPS), Yellow Freight, and potentially the US Postal Service. These strikes would promise to devastate commerce and industry across the country.
The country is nearing a series of strikes by Drivers at United Parcel Service (UPS), Yellow Freight, and potentially the US Postal Service. These strikes would promise to devastate commerce and industry across the country.
The country is nearing a series of strikes by Drivers at United Parcel Service (UPS), Yellow Freight, and potentially the US Postal Service. These strikes would promise to devastate commerce and industry across the country.
The country is nearing a series of strikes by Drivers at United Parcel Service (UPS), Yellow Freight, and potentially the US Postal Service. These strikes would promise to devastate commerce and industry across the country.
Like no other President in history, Joseph Biden has transformed the role and function of the US Dollar from a mere medium of exchange to a most potent political weapon. And it is this realization that the rest of the World is reacting to.
Like no other President in history, Joseph Biden has transformed the role and function of the US Dollar from a mere medium of exchange to a most potent political weapon. And it is this realization that the rest of the World is reacting to.
Like no other President in history, Joseph Biden has transformed the role and function of the US Dollar from a mere medium of exchange to a most potent political weapon. And it is this realization that the rest of the World is reacting to.
Like no other President in history, Joseph Biden has transformed the role and function of the US Dollar from a mere medium of exchange to a most potent political weapon. And it is this realization that the rest of the World is reacting to.
The Ukrainian soldiers, munitions, and supplies from the United States are battling the Proxy War In Ukraine. For the War to continue, that relationship must stay in place: Ukraine fighters, US supplies. President Biden repeatedly assured Ukraine and the NATO coalition that the United States would support Ukraine "for as long as it takes."
The Ukrainian soldiers, munitions, and supplies from the United States are battling the Proxy War In Ukraine. For the War to continue, that relationship must stay in place: Ukraine fighters, US supplies. President Biden repeatedly assured Ukraine and the NATO coalition that the United States would support Ukraine "for as long as it takes."
It's the Ukrainian soldiers and the munitions and the supplies from the United States that are battling the Proxy War In Ukraine. For the War to continue, that relationship must stay in place: Ukraine fighters, US supplies. President Biden repeatedly assured Ukraine and the NATO coalition that the United States would support Ukraine "for as long as it takes."
The Ukrainian soldiers, munitions, and supplies from the United States are battling the Proxy War In Ukraine. For the War to continue, that relationship must stay in place: Ukraine fighters, US supplies. President Biden repeatedly assured Ukraine and the NATO coalition that the United States would support Ukraine "for as long as it takes."
On Friday, Wall Street celebrated one of the best monthly readings for Consumer Sentiment that we've seen in a very long time. The report was the monthly survey by the University of Michigan of the American Consumer's Sentiment, whether consumers are upbeat or downbeat about their economic futures. This particular sentiment indicator is so important because consumers, retail buyers like you and me, make up about two-thirds of the economic activity in this country.
On Friday, Wall Street celebrated one of the best monthly readings for Consumer Sentiment that we've seen in a very long time. The report was the monthly survey by the University of Michigan of the American Consumer's Sentiment, whether consumers are upbeat or downbeat about their economic futures. This particular sentiment indicator is so important because consumers, retail buyers like you and me, make up about two-thirds of the economic activity in this country.
On Friday, Wall Street celebrated one of the best monthly readings for Consumer Sentiment that we've seen in a very long time. The report was the monthly survey by the University of Michigan of the American Consumer's Sentiment, whether consumers are upbeat or downbeat about their economic futures. This particular sentiment indicator is so important because consumers, retail buyers like you and me, make up about two-thirds of the economic activity in this country.
On Friday, Wall Street celebrated one of the best monthly readings for Consumer Sentiment that we've seen in a very long time. The report was the monthly survey by the University of Michigan of the American Consumer's Sentiment, whether consumers are upbeat or downbeat about their economic futures. This particular sentiment indicator is so important because consumers, retail buyers like you and me, make up about two-thirds of the economic activity in this country.
Let me introduce you to the World of AUM. It's a world that exists only in the Financial Sector, and unless you happen to be employed in that particular part of reality, you'll likely find what I'm about to tell you is more than a little strange.
AUM is an acronym for Assets Under Management, and today we will hear from 5 of the most significant residents of this very exclusive World. In order of significance, those five institutions are State Street Bank, Citigroup, Wells Fargo Bank, JP Morgan Chase, and Blackrock, Incorporated.
Let me introduce you to the World of AUM. It's a world that exists only in the Financial Sector, and unless you happen to be employed in that particular part of reality, you'll likely find what I'm about to tell you is more than a little strange.
AUM is an acronym for Assets Under Management, and today we will hear from 5 of the most significant residents of this very exclusive World. In order of significance, those five institutions are State Street Bank, Citigroup, Wells Fargo Bank, JP Morgan Chase, and Blackrock, Incorporated.
Let me introduce you to the World of AUM. It's a world that exists only in the Financial Sector, and unless you happen to be employed in that particular part of reality, you'll likely find what I'm about to tell you is more than a little strange.
AUM is an acronym for Assets Under Management, and today we will hear from 5 of the most significant residents of this very exclusive World. In order of significance, those five institutions are State Street Bank, Citigroup, Wells Fargo Bank, JP Morgan Chase, and Blackrock, Incorporated.
Let me introduce you to the World of AUM. It's a world that exists only in the Financial Sector, and unless you happen to be employed in that particular part of reality, you'll likely find what I'm about to tell you is more than a little strange.
AUM is an acronym for Assets Under Management, and today we will hear from 5 of the most significant residents of this very exclusive World. In order of significance, those five institutions are State Street Bank, Citigroup, Wells Fargo Bank, JP Morgan Chase, and Blackrock, Incorporated.
At 2:30 pm this afternoon, US Central Time, the judge will bring down the gavel, calling the proceedings to order. Before the judge, on either side will be a host of somber-looking, well-dressed lawyers and accountants representing the two sides of this dispute. Representatives for Diebold Nixdorf Holdings, a US corporation, will be on one side. While on the other side will be the Diebold creditors.
At 2:30 pm this afternoon, US Central Time, the judge will bring down the gavel, calling the proceedings to order. Before the judge, on either side will be a host of somber-looking, well-dressed lawyers and accountants representing the two sides of this dispute. Representatives for Diebold Nixdorf Holdings, a US corporation, will be on one side. While on the other side will be the Diebold creditors.
At 2:30 pm this afternoon, US Central Time, the judge will bring down the gavel, calling the proceedings to order. Before the judge, on either side will be a host of somber-looking, well-dressed lawyers and accountants representing the two sides of this dispute. Representatives for Diebold Nixdorf Holdings, a US corporation, will be on one side. While on the other side will be the Diebold creditors.
At 2:30 pm this afternoon, US Central Time, the judge will bring down the gavel, calling the proceedings to order. Before the judge, on either side will be a host of somber-looking, well-dressed lawyers and accountants representing the two sides of this dispute. Representatives for Diebold Nixdorf Holdings, a US corporation, will be on one side. While on the other side will be the Diebold creditors.
I've seen nothing in American Corporate History that has divided companies from their customers like the Woke Movement. Social reformers, sitting in their executive offices, have elected to endorse new social norms. Norms and values that are antithetical to a majority of Americans.
I've seen nothing in American Corporate History that has divided companies from their customers like the Woke Movement. Social reformers, sitting in their executive offices, have elected to endorse new social norms. Norms and values that are antithetical to a majority of Americans.
I've seen nothing in American Corporate History that has divided companies from their customers like the Woke Movement. Social reformers, sitting in their executive offices, have elected to endorse new social norms. Norms and values that are antithetical to a majority of Americans.
I've seen nothing in American Corporate History that has divided companies from their customers like the Woke Movement. Social reformers, sitting in their executive offices, have elected to endorse new social norms. Norms and values that are antithetical to a majority of Americans.
Put all this together, making America the fittest nation on earth. Or at least we should be. But here's where things get strange. If Americans are in tip-top shape, as you'd think they would be after spending all that time and money on Fitness, then why are so many staying home from work?
Put all this together, making America the fittest nation on earth. Or at least we should be. But here's where things get strange. If Americans are in tip-top shape, as you'd think they would be after spending all that time and money on Fitness, then why are so many staying home from work?
Put all this together, making America the fittest nation on earth. Or at least we should be. But here's where things get strange. If Americans are in tip-top shape, as you'd think they would be after spending all that time and money on Fitness, then why are so many staying home from work?
Put all this together, making America the fittest nation on earth. Or at least we should be. But here's where things get strange. If Americans are in tip-top shape, as you'd think they would be after spending all that time and money on Fitness, then why are so many staying home from work?
There is a process, a set of circumstances that are so eerily similar that I've come to call this the work of a demon. It has that same malevolence and reeks the same harm as the demonic. Perhaps I've overstated my case; I'll let you decide.
There is a process, a set of circumstances that are so eerily similar that I've come to call this the work of a demon. It has that same malevolence and reeks the same harm as the demonic. Perhaps I've overstated my case; I'll let you decide.
There is a process, a set of circumstances that are so eerily similar that I've come to call this the work of a demon. It has that same malevolence and reeks the same harm as the demonic. Perhaps I've overstated my case; I'll let you decide.
There is a process, a set of circumstances that are so eerily similar that I've come to call this the work of a demon. It has that same malevolence and reeks the same harm as the demonic. Perhaps I've overstated my case; I'll let you decide.
Wednesday afternoon, after the markets had closed, the Federal Reserve released its latest "Stress Test" on the nation's major banks. The Fed likes to release major reports after trading for the day is complete. That's because they're never quite sure how Wall Street will react. Significant reports, like this Bank Stress Test, can send markets into a tail-spin if the news is perceived as bad.
Wednesday afternoon, after the markets had closed, the Federal Reserve released its latest "Stress Test" on the nation's major banks. The Fed likes to release major reports after trading for the day is complete. That's because they're never quite sure how Wall Street will react. Significant reports, like this Bank Stress Test, can send markets into a tail-spin if the news is perceived as bad.
Wednesday afternoon, after the markets had closed, the Federal Reserve released its latest "Stress Test" on the nation's major banks. The Fed likes to release major reports after trading for the day is complete. That's because they're never quite sure how Wall Street will react. Significant reports, like this Bank Stress Test, can send markets into a tail-spin if the news is perceived as bad.
The clouds of Scandal are beginning to swirl around the Biden White House. For those who keep up with the latest news reports, suspicions are rising that the President and his son may have received illegal payments from countries as diverse as China and Ukraine.
The clouds of Scandal are beginning to swirl around the Biden White House. For those who keep up with the latest news reports, suspicions are rising that the President and his son may have received illegal payments from countries as diverse as China and Ukraine.
The clouds of Scandal are beginning to swirl around the Biden White House. For those who keep up with the latest news reports, suspicions are rising that the President and his son may have received illegal payments from countries as diverse as China and Ukraine.
The clouds of Scandal are beginning to swirl around the Biden White House. For those who keep up with the latest news reports, suspicions are rising that the President and his son may have received illegal payments from countries as diverse as China and Ukraine.
Tomorrow, the Street will do it again, giving us the latest reading for the Case-Shiller Home Price Index. And if the analyst's predictions are accurate, the Index will show that Home Prices have declined for the second month in a row by roughly 2%, if they're correct.
Tomorrow, the Street will do it again, giving us the latest reading for the Case-Shiller Home Price Index. And if the analyst's predictions are accurate, the Index will show that Home Prices have declined for the second month in a row by roughly 2%, if they're correct.
Tomorrow, the Street will do it again, giving us the latest reading for the Case-Shiller Home Price Index. And if the analyst's predictions are accurate, the Index will show that Home Prices have declined for the second month in a row by roughly 2%, if they're correct.
His name is Narendra Modi. And as the 14th Prime Minister of India, he may just be the most popular world leader today. Last evening Mr. Modi was feted to a State Diner by President Biden, as the United States spared no expense in rolling out the Red Carpet.
His name is Narendra Modi. And as the 14th Prime Minister of India, he may just be the most popular world leader today. Last evening Mr. Modi was feted to a State Diner by President Biden, as the United States spared no expense in rolling out the Red Carpet.
His name is Narendra Modi. And as the 14th Prime Minister of India, he may just be the most popular world leader today. Last evening Mr. Modi was feted to a State Diner by President Biden, as the United States spared no expense in rolling out the Red Carpet.
His name is Narendra Modi. And as the 14th Prime Minister of India, he may just be the most popular world leader today. Last evening Mr. Modi was feted to a State Diner by President Biden, as the United States spared no expense in rolling out the Red Carpet.
The International Community of Nations is undergoing the most significant realignment since World War II. Until two years ago, the United States was nestled atop the global Order of countries, as it has been since the Second World War.
The International Community of Nations is undergoing the most significant realignment since World War II. Until two years ago, the United States was nestled atop the global Order of countries, as it has been since the Second World War.
The International Community of Nations is undergoing the most significant realignment since World War II. Until two years ago, the United States was nestled atop the global Order of countries, as it has been since the Second World War.
It seems to be the way things are happening in this country. The progressives begin with a covert attack on society's norms and values. Statues are torn down, and sidewalks become toilets, sex becomes a public demonstration. But it always begins quietly, subtly, for only a select few.
It seems to be the way things are happening in this country. The progressives begin with a covert attack on society's norms and values. Statues are torn down, and sidewalks become toilets, sex becomes a public demonstration. But it always begins quietly, subtly, for only a select few.
It seems to be the way things are happening in this country. The progressives begin with a covert attack on society's norms and values. Statues are torn down, and sidewalks become toilets, sex becomes a public demonstration. But it always begins quietly, subtly, for only a select few.
It seems to be the way things are happening in this country. The progressives begin with a covert attack on society's norms and values. Statues are torn down, and sidewalks become toilets, sex becomes a public demonstration. But it always begins quietly, subtly, for only a select few.
Many of us have a picture of a corporate criminal as a young man (usually) with a sinister smirk and an aggressive demeanor. Someone like Sam Bankman Fried is only tougher. We typically associate criminal intent with someone young and strong. But my experience has been very different than the expected concept.
Many of us have a picture of a corporate criminal as a young man (usually) with a sinister smirk and an aggressive demeanor. Someone like Sam Bankman Fried is only tougher. We typically associate criminal intent with someone young and strong. But my experience has been very different than the expected concept.
Many of us have a picture of a corporate criminal as a young man (usually) with a sinister smirk and an aggressive demeanor. Someone like Sam Bankman Fried is only tougher. We typically associate criminal intent with someone young and strong. But my experience has been very different than the expected concept.
Many of us have a picture of a corporate criminal as a young man (usually) with a sinister smirk and an aggressive demeanor. Someone like Sam Bankman Fried is only tougher. We typically associate criminal intent with someone young and strong. But my experience has been very different than the expected concept.
Just kidding. Of course, the CPI stands for the Consumer Price Index, the most widely followed measure of inflation. But the correlation between the price of oil and inflation is remarkable.
Just kidding. Of course, the CPI stands for the Consumer Price Index, the most widely followed measure of inflation. But the correlation between the price of oil and inflation is remarkable.
Just kidding. Of course, the CPI stands for the Consumer Price Index, the most widely followed measure of inflation. But the correlation between the price of oil and inflation is remarkable.
On Wednesday, the same day the Fed will make its interest rate decision, halfway around the world in St. Petersburg, Russia, many nations on the other side of the growing east/west line will also be at this meeting.
On Wednesday, the same day the Fed will make its interest rate decision, halfway around the world in St. Petersburg, Russia, many nations on the other side of the growing east/west line will also be at this meeting.
On Wednesday, the same day the Fed will make its interest rate decision, halfway around the world in St. Petersburg, Russia, many nations on the other side of the growing east/west line will also be at this meeting.
For those of us who are looking for an end to the conflict in Ukraine, our hopes were dashed recently by US Secretary of State Anthony Blinken. Speaking at the Helsinki Town Hall last week, on the occasion of Finland's joining NATO, Blinken delivered one of the most provocative speeches ever by an American Diplomat.
For those of us who are looking for an end to the conflict in Ukraine, our hopes were dashed recently by US Secretary of State Anthony Blinken. Speaking at the Helsinki Town Hall last week, on the occasion of Finland's joining NATO, Blinken delivered one of the most provocative speeches ever by an American Diplomat.
For those of us who are looking for an end to the conflict in Ukraine, our hopes were dashed recently by US Secretary of State Anthony Blinken. Speaking at the Helsinki Town Hall last week, on the occasion of Finland's joining NATO, Blinken delivered one of the most provocative speeches ever by an American Diplomat.
When the history of the Biden Presidency is written, it will be of an Administration where the Books never added up, where all the numbers were controversial, and where accounting abnormalities were the norm.
When the history of the Biden Presidency is written, it will be of an Administration where the Books never added up, where all the numbers were controversial, and where accounting abnormalities were the norm.
When the history of the Biden Presidency is written, it will be of an Administration where the Books never added up, where all the numbers were controversial, and where accounting abnormalities were the norm.
By now, nearly everyone is familiar with the incredible debacle of the sales and marketing group at Anheuser Busch. It has been the lead story for weeks and involves an advertising campaign featuring a Transsexual spokesperson. More recently, another major US Corporation, Target, has found itself embroiled in a similar predicament over the feature of transsexual items in the children's section of their stores.
What is impressive is how these two giant corporations, both of whom build their franchise by catering to the whims and wishes of the American Public, got it so wrong.
By now, nearly everyone is familiar with the incredible debacle of the sales and marketing group at Anheuser Busch. It has been the lead story for weeks and involves an advertising campaign featuring a Transsexual spokesperson. More recently, another major US Corporation, Target, has found itself embroiled in a similar predicament over the feature of transsexual items in the children's section of their stores.
What is impressive is how these two giant corporations, both of whom build their franchise by catering to the whims and wishes of the American Public, got it so wrong.
By now, nearly everyone is familiar with the incredible debacle of the sales and marketing group at Anheuser Busch. It has been the lead story for weeks and involves an advertising campaign featuring a Transsexual spokesperson. More recently, another major US Corporation, Target, has found itself embroiled in a similar predicament over the feature of transsexual items in the children's section of their stores.
What is impressive is how these two giant corporations, both of whom build their franchise by catering to the whims and wishes of the American Public, got it so wrong.
By now, nearly everyone is familiar with the incredible debacle of the sales and marketing group at Anheuser Busch. It has been the lead story for weeks and involves an advertising campaign featuring a Transsexual spokesperson. More recently, another major US Corporation, Target, has found itself embroiled in a similar predicament over the feature of transsexual items in the children's section of their stores.
What is impressive is how these two giant corporations, both of whom build their franchise by catering to the whims and wishes of the American Public, got it so wrong.
Today, you and I are on the opposite side of that road. Few people I know are willing to stay in a home long enough to pay off the mortgage, and few even have that goal. Debt has become a way of life for most, from car payments to credit cards, health insurance, and, yes, mortgage payments; life is an endless list of "bills due."
Today, you and I are on the opposite side of that road. Few people I know are willing to stay in a home long enough to pay off the mortgage, and few even have that goal. Debt has become a way of life for most, from car payments to credit cards, health insurance, and, yes, mortgage payments; life is an endless list of "bills due."
Today, you and I are on the opposite side of that road. Few people I know are willing to stay in a home long enough to pay off the mortgage, and few even have that goal. Debt has become a way of life for most, from car payments to credit cards, health insurance, and, yes, mortgage payments; life is an endless list of "bills due."
Today, you and I are on the opposite side of that road. Few people I know are willing to stay in a home long enough to pay off the mortgage, and few even have that goal. Debt has become a way of life for most, from car payments to credit cards, health insurance, and, yes, mortgage payments; life is an endless list of "bills due."
Technology, the leading sector economically and financially, is experiencing massive layoffs. Since the beginning of the year, Tech Companies have laid off nearly 200K workers, by far the most significant adjustment in employment that we've seen in this sector in recent memory.
Technology, the leading sector economically and financially, is experiencing massive layoffs. Since the beginning of the year, Tech Companies have laid off nearly 200K workers, by far the most significant adjustment in employment that we've seen in this sector in recent memory.
Technology, the leading sector economically and financially, is experiencing massive layoffs. Since the beginning of the year, Tech Companies have laid off nearly 200K workers, by far the most significant adjustment in employment that we've seen in this sector in recent memory.
Technology, the leading sector economically and financially, is experiencing massive layoffs. Since the beginning of the year, Tech Companies have laid off nearly 200K workers, by far the most significant adjustment in employment that we've seen in this sector in recent memory.
On Monday, the markets experienced a "Flash Crash." You may have missed it because it was over almost before it began. An alleged photo on Twitter triggered this tiny crash that a fire was burning near the Pentagon in Washington, DC. But before our little dip could gain momentum, the local Fire Department declared that there was no fire, and several sharp-eyed Twitter commentators noticed that the "photo" was created by AI (Artificial Intelligence).
Just a week ago, on May 3rd the Federal Reserve Open Market Committee adjourned their latest meeting, and announced to the world that they were raising the Fed Funds rate to 5 1/4%, the highest rate since 2007. The feeling around here was, ho hum, another rate hike following a long line of hikes. Most people feeling that “at least they didn't hike rates any more.”
On Monday, the markets experienced a "Flash Crash." You may have missed it because it was over almost before it began. An alleged photo on Twitter triggered this tiny crash that a fire was burning near the Pentagon in Washington, DC. But before our little dip could gain momentum, the local Fire Department declared that there was no fire, and several sharp-eyed Twitter commentators noticed that the "photo" was created by AI (Artificial Intelligence).
On Monday, the markets experienced a "Flash Crash." You may have missed it because it was over almost before it began. An alleged photo on Twitter triggered this tiny crash that a fire was burning near the Pentagon in Washington, DC. But before our little dip could gain momentum, the local Fire Department declared that there was no fire, and several sharp-eyed Twitter commentators noticed that the "photo" was created by AI (Artificial Intelligence).
On Monday, the markets experienced a "Flash Crash." You may have missed it because it was over almost before it began. An alleged photo on Twitter triggered this tiny crash that a fire was burning near the Pentagon in Washington, DC. But before our little dip could gain momentum, the local Fire Department declared that there was no fire, and several sharp-eyed Twitter commentators noticed that the "photo" was created by AI (Artificial Intelligence).
Would it surprise you to know that one of the largest institutions in this country does not adhere to Generally Accepted Accounting Standards? Would you be even more surprised to learn that this institution is the chief regulator of the major banks in the country?
Would it surprise you to know that one of the largest institutions in this country does not adhere to Generally Accepted Accounting Standards? Would you be even more surprised to learn that this institution is the chief regulator of the major banks in the country?
Would it surprise you to know that one of the largest institutions in this country does not adhere to Generally Accepted Accounting Standards? Would you be even more surprised to learn that this institution is the chief regulator of the major banks in the country?
Would it surprise you to know that one of the largest institutions in this country does not adhere to Generally Accepted Accounting Standards? Would you be even more surprised to learn that this institution is the chief regulator of the major banks in the country?
Would it surprise you to know that one of the largest institutions in this country does not adhere to Generally Accepted Accounting Standards? Would you be even more surprised to learn that this institution is the chief regulator of the major banks in the country?
Would it surprise you to know that one of the largest institutions in this country does not adhere to Generally Accepted Accounting Standards? Would you be even more surprised to learn that this institution is the chief regulator of the major banks in the country?
The scandal has been part of this country's history since the beginning. It's not the scandal that matters as much as how we react to it.
Let me tell you the story of just such a scandal in Baseball and how our “National Pastime” almost fell apart.
The scandal has been part of this country's history since the beginning. It's not the scandal that matters as much as how we react to it.
Let me tell you the story of just such a scandal in Baseball and how our “National Pastime” almost fell apart.
The scandal has been part of this country's history since the beginning. It's not the scandal that matters as much as how we react to it.
Let me tell you the story of just such a scandal in Baseball and how our “National Pastime” almost fell apart.
The scandal has been part of this country's history almost since the beginning. It's not the scandal that matters as much as how we react to it.
Let me tell you the story of just such a scandal in Baseball and how our “National Pastime” almost fell apart.
On the same day Germany shut down its last three Nuclear Power Plants, Finland's giant Olikiluoto #2 plant began operation. It will supply that tiny country with 15% of its electricity needs. Markets reacted immediately, dropping the price of electric power by 75%, and the race was on Nuclear Power Environmental Mennace or Economic Boon.
On the same day Germany shut down its last three Nuclear Power Plants, Finland's giant Olikiluoto #2 plant began operation. It will supply that tiny country with 15% of its electricity needs. Markets reacted immediately, dropping the price of electric power by 75%, and the race was on Nuclear Power Environmental Mennace or Economic Boon.
On the same day Germany shut down its last three Nuclear Power Plants, Finland's giant Olikiluoto #2 plant began operation. It will supply that tiny country with 15% of its electricity needs. Markets reacted immediately, dropping the price of electric power by 75%, and the race was on Nuclear Power Environmental Mennace or Economic Boon.
On the same day Germany shut down its last three Nuclear Power Plants, Finland's giant Olikiluoto #2 plant began operation. It will supply that tiny country with 15% of its electricity needs. Markets reacted immediately, dropping the price of electric power by 75%, and the race was on Nuclear Power Environmental Mennace or Economic Boon.
A particular contagion in Washington stems from believing they are the center of economic activity in the nation. It's the sense that unless our "leaders" guide this economy, it will fail. At its heart is an arrogance of power. The belief is that Washington, and only Washington, has the answers to all today's economic problems. The Biden Administration suffers from this particular malady more than any other Presidency in recent memory.
A particular contagion in Washington stems from believing they are the center of economic activity in the nation. It's the sense that unless our "leaders" guide this economy, it will fail. At its heart is an arrogance of power. The belief is that Washington, and only Washington, has the answers to all today's economic problems. The Biden Administration suffers from this particular malady more than any other Presidency in recent memory.
A particular contagion in Washington stems from believing they are the center of economic activity in the nation. It's the sense that unless our "leaders" guide this economy, it will fail. At its heart is an arrogance of power. The belief is that Washington, and only Washington, has the answers to all today's economic problems. The Biden Administration suffers from this particular malady more than any other Presidency in recent memory.
A particular contagion in Washington stems from believing they are the center of economic activity in the nation. It's the sense that unless our "leaders" guide this economy, it will fail. At its heart is an arrogance of power. The belief is that Washington, and only Washington, has the answers to all today's economic problems. The Biden Administration suffers from this particular malady more than any other Presidency in recent memory.
In the last 50 years, there has been a dramatic change in the way the Financial Services Industry operates. That it is an “Industry” at all, indicates just how far we've come in money management.
In the last 50 years, there has been a dramatic change in the way the Financial Services Industry operates. That it is an “Industry” at all, indicates just how far we've come in money management.
In the last 50 years, there has been a dramatic change in the way the Financial Services Industry operates. That it is an “Industry” at all, indicates just how far we've come in money management.
Just a week ago, on May 3rd the Federal Reserve Open Market Committee adjourned their latest meeting, and announced to the world that they were raising the Fed Funds rate to 5 1/4%, the highest rate since 2007. The feeling around here was, ho hum, another rate hike following a long line of hikes. Most people feeling that “at least they didn't hike rates any more.”
Just a week ago, on May 3rd the Federal Reserve Open Market Committee adjourned their latest meeting, and announced to the world that they were raising the Fed Funds rate to 5 1/4%, the highest rate since 2007. The feeling around here was, ho hum, another rate hike following a long line of hikes. Most people feeling that “at least they didn't hike rates any more.”
Just a week ago, on May 3rd, the Federal Reserve Open Market Committee adjourned their latest meeting, and announced to the world that they were raising the Fed Funds rate to 5 1/4%, the highest rate since 2007. The feeling around here was, ho hum, another rate hike following a long line of hikes. Most people feeling that “at least they didn't hike rates anymore.”
Circumstances had overwhelmed Titanic. The best-laid plans of the ship's architect and builders had not considered such an eventuality. When the ship traveled at that speed and met a berg of that mass, the outcome was disaster.
It occurred to me how much the current banking crisis resembles that fateful first voyage of the Titanic. Like those who built Titanic, our Bank executives and regulators are experienced, well acquainted with the storms and tides that may come our way.
Circumstances had overwhelmed Titanic. The best-laid plans of the ship's architect and builders had not considered such an eventuality. When the ship traveled at that speed and met a berg of that mass, the outcome was disaster.
It occurred to me how much the current banking crisis resembles that fateful first voyage of the Titanic. Like those who built Titanic, our Bank executives and regulators are experienced, well acquainted with the storms and tides that may come our way.
Circumstances had overwhelmed Titanic. The best-laid plans of the ship's architect and builders had not considered such an eventuality. When the ship traveled at that speed and met a berg of that mass, the outcome was disaster.
It occurred to me how much the current banking crisis resembles that fateful first voyage of the Titanic. Like those who built Titanic, our Bank executives and regulators are experienced, well acquainted with the storms and tides that may come our way.
Circumstances had overwhelmed Titanic. The best-laid plans of the ship's architect and builders had not considered such an eventuality. When the ship traveled at that speed and met a berg of that mass, the outcome was disaster.
It occurred to me how much the current banking crisis resembles that fateful first voyage of the Titanic. Like those who built Titanic, our Bank executives and regulators are experienced, well acquainted with the storms and tides that may come our way.
Consider the irony, this week, the US Central Bank, or the Federal Reserve, met to set interest rates. While, next week, President Joe Biden has invited Kevin McCarthy to the White House to discuss the growing financial crisis. A crisis was created because the US does not have enough cash to pay its monthly Debt payment.
Consider the irony, this week, the US Central Bank, or the Federal Reserve, met to set interest rates. While, next week, President Joe Biden has invited Kevin McCarthy to the White House to discuss the growing financial crisis. A crisis was created because the US does not have enough cash to pay its monthly Debt payment.
Consider the irony, this week, the US Central Bank, or the Federal Reserve, met to set interest rates. While, next week, President Joe Biden has invited Kevin McCarthy to the White House to discuss the growing financial crisis. A crisis was created because the US does not have enough cash to pay its monthly Debt payment.
It was an expression that we used to hear often in this country. Politicians would put their thumbs in their suspenders, lean back and begin their speeches with the meme, “I put my faith in the American People.” It was a way for them to say that they were a “servant of those who elected them,” ever aware that they could be thrown out of office at the next election.
It was an expression that we used to hear often in this country. Politicians would put their thumbs in their suspenders, lean back and begin their speeches with the meme, “I put my faith in the American People.” It was a way for them to say that they were a “servant of those who elected them,” ever aware that they could be thrown out of office at the next election.
It was an expression that we used to hear often in this country. Politicians would put their thumbs in their suspenders, lean back and begin their speeches with the meme, “I put my faith in the American People.” It was a way for them to say that they were a “servant of those who elected them,” ever aware that they could be thrown out of office at the next election.
It was an expression that we used to hear often in this country. Politicians would put their thumbs in their suspenders, lean back and begin their speeches with the meme, “I put my faith in the American People.” It was a way for them to say that they were a “servant of those who elected them,” ever aware that they could be thrown out of office at the next election.
Last week we received our first look at the Nation's GDP for the First Quarter of 2023. At a growth rate of just 1.1%, it was less than half what analysts had predicted just a month ago. Now, it's been an article of faith in Washington that the more the Government spends, the more it boosts the economy. Here we have the biggest spender of all time in Joe Biden, yet the economy is slowing. The question is, why?
Last week we received our first look at the Nation's GDP for the First Quarter of 2023. At a growth rate of just 1.1%, it was less than half what analysts had predicted just a month ago. Now, it's been an article of faith in Washington that the more the Government spends, the more it boosts the economy. Here we have the biggest spender of all time in Joe Biden, yet the economy is slowing. The question is, why?
Last week we received our first look at the Nation's GDP for the First Quarter of 2023. At a growth rate of just 1.1%, it was less than half what analysts had predicted just a month ago. Now, it's been an article of faith in Washington that the more the Government spends, the more it boosts the economy. Here we have the biggest spender of all time in Joe Biden, yet the economy is slowing. The question is, why?
Last week we received our first look at the Nation's GDP for the First Quarter of 2023. At a growth rate of just 1.1%, it was less than half what analysts had predicted just a month ago. Now, it's been an article of faith in Washington that the more the Government spends, the more it boosts the economy. Here we have the biggest spender of all time in Joe Biden, yet the economy is slowing. The question is, why?
That's right, the price of electricity is slated to go much, much higher. Mark it down, circle the date on your calendar, and put it on your smartphone. At just the time when we are more reliant on electricity than ever, the President plans to raise the price even higher.
That's right, the price of electricity is slated to go much, much higher. Mark it down, circle the date on your calendar, and put it on your smartphone. At just the time when we are more reliant on electricity than ever, the President plans to raise the price even higher.
That's right, the price of electricity is slated to go much, much higher. Mark it down, circle the date on your calendar, and put it on your smartphone. At just the time when we are more reliant on electricity than ever, the President plans to raise the price even higher.
That's right, the price of electricity is slated to go much, much higher. Mark it down, circle the date on your calendar, and put it in your smart phone. At just the time when we are more reliant on electricity than ever before, the President plans to raise the price even higher.
Unfortunately, while Gates and Microsoft were not paying attention to Washington, those in Washington were carefully monitoring Gates and his software company. The powers that be under then-President Clinton had singled out the tech giant as target number one.
Unfortunately, while Gates and Microsoft were not paying attention to Washington, those in Washington were carefully monitoring Gates and his software company. The powers that be under then-President Clinton had singled out the tech giant as target number one.
Unfortunately, while Gates and Microsoft were not paying attention to Washington, those in Washington were carefully monitoring Gates and his software company. The powers that be under then-President Clinton had singled out the tech giant as target number one.
Unfortunately, while Gates and Microsoft were not paying attention to Washington, those in Washington were carefully monitoring Gates and his software company. The powers that be under then-President Clinton had singled out the tech giant as target number one.
Polio was a disease that plagued the country for years. A generation before, in the 1930s, President Franklin Roosevelt used a wheelchair after suffering from Polio. For my parents, Polio was one of their most significant fears. Roosevelt, like us kids, was an avid swimmer, and at the time, we thought there was a connection between swimming and Polio.
Polio was a disease that plagued the country for years. A generation before, in the 1930s, President Franklin Roosevelt used a wheelchair after suffering from Polio. For my parents, Polio was one of their most significant fears. Roosevelt, like us kids, was an avid swimmer, and at the time, we thought there was a connection between swimming and Polio.
Polio was a disease that plagued the country for years. A generation before, in the 1930s, President Franklin Roosevelt used a wheelchair after suffering from Polio. For my parents, Polio was one of their most significant fears. Roosevelt, like us kids, was an avid swimmer, and at the time, we thought there was a connection between swimming and Polio.
Polio was a disease that plagued the country for years. A generation before, in the 1930s, President Franklin Roosevelt used a wheelchair after suffering from Polio. For my parents, Polio was one of their most significant fears. Roosevelt, like us kids, was an avid swimmer, and at the time, we thought there was a connection between swimming and Polio.
Like the rest of us, Apple Computer is subject to the policies and dictates of various governments, and the current American Government has apparently taken direct aim at China.
Like the rest of us, Apple Computer is subject to the policies and dictates of various governments, and the current American Government has apparently taken direct aim at China.
Like the rest of us, Apple Computer is subject to the policies and dictates of various governments, and the current American Government has apparently taken direct aim at China.
Like the rest of us, Apple Computer is subject to the policies and dictates of various governments, and the current American Government has apparently taken direct aim at China.
Like the rest of us, Apple Computer is subject to the policies and dictates of various governments, and the current American Government has apparently taken direct aim at China.
On Saturday, Germany shut down its three remaining Nuclear Power Stations. This fulfilled a campaign promise of Chancellor Olaf Scholz to do away with a source of energy the Germans have viewed as highly dangerous, especially in light of the Nuclear accident in Fukushima, Japan, in 2011.
On Saturday, Germany shut down its three remaining Nuclear Power Stations. This fulfilled a campaign promise of Chancellor Olaf Scholz to do away with a source of energy the Germans have viewed as highly dangerous, especially in light of the Nuclear accident in Fukushima, Japan, in 2011.
On Saturday, Germany shut down its three remaining Nuclear Power Stations. This fulfilled a campaign promise of Chancellor Olaf Scholz to do away with a source of energy the Germans have viewed as highly dangerous, especially in light of the Nuclear accident in Fukushima, Japan, in 2011.
On Saturday, Germany shut down its three remaining Nuclear Power Stations. This fulfilled a campaign promise of Chancellor Olaf Scholz to do away with a source of energy the Germans have viewed as highly dangerous, especially in light of the Nuclear accident in Fukushima, Japan, in 2011.
Our story begins sometime in late 2020 or early 2021. It's right in the middle of the Covid-19 Pandemic, and Washington is finalizing the plans for a “Stimulus Program,” which will come to the financial aid of American citizens and businesses.
Our story begins sometime in late 2020 or early 2021. It's right in the middle of the Covid-19 Pandemic, and Washington is finalizing the plans for a “Stimulus Program,” which will come to the financial aid of American citizens and businesses.
Our story begins sometime in late 2020 or early 2021. It's right in the middle of the Covid-19 Pandemic, and Washington is finalizing the plans for a “Stimulus Program,” which will come to the financial aid of American citizens and businesses.
Our story begins sometime in late 2020, or early 2021. It's right in the middle of the Covid-19 Pandemic, and Washington is finalizing the plans for a “Stimulus Program,” which will come to the financial aid of American citizens and businesses.
Even Hollywood adhered to these high standards. Every year at the Academy Awards, the votes are carefully tabulated by one of the Big Four Accounting Firms. Thus assuring the audience that the results are honest and accurate.
Even Hollywood adhered to these high standards. Every year at the Academy Awards, the votes are carefully tabulated by one of the Big Four Accounting Firms. Thus assuring the audience that the results are honest and accurate.
Even Hollywood adhered to these high standards. Every year at the Academy Awards, the votes are carefully tabulated by one of the Big Four Accounting Firms. Thus assuring the audience that the results are honest and accurate.
Even Hollywood adhered to these high standards. Every year at the Academy Awards, the votes are carefully tabulated by one of the Big Four Accounting Firms. Thus assuring the audience that the results are honest and accurate.
But what if there is much more to our story than just two high-risk banks being closed? What if the seeds for today's troubles began many yeas ago, and we still haven't fully addressed the problem?
But what if there is much more to our story, than just two high risk banks being closed? What if the seeds for today's troubles began many yeas ago, and we still haven't fully addressed the problem?
But what if there is much more to our story, than just two high risk banks being closed? What if the seeds for today's troubles began many yeas ago, and we still haven't fully addressed the problem?
But what if there is much more to our story, than just two high risk banks being closed? What if the seeds for today's troubles began many yeas ago, and we still haven't fully addressed the problem?
But what if there is much more to our story, than just two high risk banks being closed? What if the seeds for today's troubles began many yeas ago, and we still haven't fully addressed the problem?
I believe the Federal Reserve's Policy of Higher Interest Rates will create a recession. This is principally due to the high leverage in the financial system. After over a decade of radically low-interest rates, corporations capitalized their balance sheets by borrowing.
I believe the Federal Reserve's Policy of Higher Interest Rates will create a recession. This is principally due to the high leverage in the financial system. After over a decade of radically low-interest rates, corporations capitalized their balance sheets by borrowing.
I believe the Federal Reserve's Policy of Higher Interest Rates will create a recession. This is principally due to the high leverage in the financial system. After over a decade of radically low-interest rates, corporations capitalized their balance sheets by borrowing.
As a country, the United States will have to make some significant adjustments in how we operate financially. That's the bad news, the good news is that we can do it, but it will take firm leadership on Wall Street and Washington and a willingness by the average American to make sacrifices.
As a country, the United States will have to make some significant adjustments in how we operate financially. That's the bad news, the good news is that we can do it, but it will take firm leadership on Wall Street and Washington and a willingness by the average American to make sacrifices.
As a country, the United States will have to make some significant adjustments in how we operate financially. That's the bad news, the good news is that we can do it, but it will take firm leadership on Wall Street and Washington and a willingness by the average American to make sacrifices.
As a country, the United States will have to make some significant adjustments in how we operate financially. That's the bad news, the good news is that we can do it, but it will take firm leadership on Wall Street and Washington and a willingness by the average American to make sacrifices.
Dent would ultimately turn the tables on Nixon's vision. China would not become America's colony. Instead, America would nearly become China's colony.
Dent would ultimately turn the tables on Nixon's vision. China would not become America's colony. Instead, America would nearly become China's colony.
Dent would ultimately turn the tables on Nixon's vision. China would not become America's colony. Instead, America would nearly become China's colony.
Dent would ultimately turn the tables on Nixon's vision. China would not become America's colony. Instead, America would nearly become China's colony.
How many really old people have you known? I don't mean people in their 60s or 70s. I mean really old people, people who are at least 90 years old. Have you ever known anyone that's 100?
How many really old people have you known? I don't mean people in their 60s or 70s. I mean really old people, people who are at least 90 years old. Have you ever known anyone that's 100?
How many really old people have you known? I don't mean people in their 60s or 70s. I mean really old people, people who are at least 90 years old. Have you ever known anyone that's 100?
How many really old people have you known? I don't mean people in their 60s or 70s. I mean really old people, people who are at least 90 years old. Have you ever known anyone that's 100?
How many really old people have you known? I don't mean people in their 60s or 70s. I mean really old people, people who are at least 90 years old. Have you ever known anyone that's 100?
How many really old people have you known? I don't mean people in their 60s or 70s. I mean really old people, people who are at least 90 years old. Have you ever known anyone that's 100?
How many really old people have you known? I don't mean people in their 60s or 70s. I mean really old people, people who are at least 90 years old. Have you ever known anyone that's 100?
How many really old people have you known? I don't mean people in their 60s or 70s. I mean really old people, people who are at least 90 years old. Have you ever known anyone that's 100?
How many really old people have you known? I don't mean people in their 60s or 70s. I mean really old people, people who are at least 90 years old. Have you ever known anyone that's 100?
How many really old people have you known? I don't mean people in their 60s or 70s. I mean really old people, people who are at least 90 years old. Have you ever known anyone that's 100?
How many really old people have you known? I don't mean people in their 60s or 70s. I mean really old people, people who are at least 90 years old. Have you ever known anyone that's 100?
Our President has become even more contentious in speaking of America's commitment to see a Ukrainian Victory. President Biden said in his recent visit to Kyiv, " Ukraine will never be a victory for Russia. Never."
Our President has become even more contentious in speaking of America's commitment to see a Ukrainian Victory. President Biden said in his recent visit to Kyiv, " Ukraine will never be a victory for Russia. Never."
Our President has become even more contentious in speaking of America's commitment to see a Ukrainian Victory. President Biden said in his recent visit to Kyiv, " Ukraine will never be a victory for Russia. Never."
Our President has become even more contentious in speaking of America's commitment to see a Ukrainian Victory. President Biden said in his recent visit to Kyiv, " Ukraine will never be a victory for Russia. Never."
The Marburvirus is one of two virus strains that can cause Hemorrhagic Fever, and is considered highly infectious and potentially deadly. Because of the simultaneous outbreak in two countries that are nearly 1,800 miles apart, the CDC and WHO fear that there may be a widespread infections throughout this portion of Africa.
The Marburvirus is one of two virus strains that can cause Hemorrhagic Fever, and is considered highly infectious and potentially deadly. Because of the simultaneous outbreak in two countries that are nearly 1,800 miles apart, the CDC and WHO fear that there may be a widespread infections throughout this portion of Africa.
The Marburvirus is one of two virus strains that can cause Hemorrhagic Fever, and is considered highly infectious and potentially deadly. Because of the simultaneous outbreak in two countries that are nearly 1,800 miles apart, the CDC and WHO fear that there may be a widespread infections throughout this portion of Africa.
The Marburvirus is one of two virus strains that can cause Hemorrhagic Fever, and is considered highly infectious and potentially deadly. Because of the simultaneous outbreak in two countries that are nearly 1,800 miles apart, the CDC and WHO fear that there may be a widespread infections throughout this portion of Africa.
On February 21, 2022, Joe Biden signed his first Executive Order Sanction against Russia. That was three days before Russia invaded Ukraine, but it wasn't the first sanction that America imposed on the Russian Federation.
On February 21, 2022, Joe Biden signed his first Executive Order Sanction against Russia. That was three days before Russia invaded Ukraine, but it wasn't the first sanction that America imposed on the Russian Federation.
On February 21, 2022, Joe Biden signed his first Executive Order Santion against Russia. That was three days before Russia invaded Ukraine, but it wasn't the first sanction that America imposed on the Russian Federation.
On February 21, 2022, Joe Biden signed his first Executive Order Santion against Russia. That was three days before Russia invaded Ukraine, but it wasn't the first sanction that America imposed on the Russian Federation.
On February 21, 2022, Joe Biden signed his first Executive Order Santion against Russia. That was three days before Russia invaded Ukraine, but it wasn't the first sanction that America imposed on the Russian Federation.
The Emerging Countries of the BRICS Nations view Russia and the Ukraine War very differently from those of us in the United States. Today we explore that different perspective.
The Emerging Countries of the BRICS Nations view Russia and the Ukraine War very differently from those of us in the United States. Today we explore that different perspective.
The Emerging Countries of the BRICS Nations view Russia and the Ukraine War very differently from those of us in the United States. Today we explore that different perspective.
The Emerging Countries of the BRICS Nations view Russia and the Ukraine War very differently from those of us in the United States. Today we explore that different perspective.
My Grandfather was forced to retire at age 65. He didn't want to, and in fact, thought "retirement" wasn't healthy. Here's his story.
My Grandfather was forced to retire at age 65. He didn't want to, and in fact, thought "retirement" wasn't healthy. Here's his story.
My Grandfather was forced to retire at age 65. He didn't want to, and in fact, thought "retirement" wasn't healthy. Here's his story.
My Grandfather was forced to retire at age 65. He didn't want to, and in fact, thought "retirement" wasn't healthy. Here's his story.
When Russia invaded Ukraine NATO embarked on a course of action that was primarily economic. After this year it turned out that most of NATO's goals have failed.
When Russia invaded Ukraine NATO embarked on a course of action that was primarily economic. After this year it turned out that most of NATO's goals have failed.
When Russia invaded Ukraine NATO embarked on a course of action that was primarily economic. After this year it turned out that most of NATO's goals have failed.
When Russia invaded Ukraine NATO embarked on a course of action that was primarily economic. After this year it turned out that most of NATO's goals have failed.
Today we look at the similarities between the Great Financial Crisis of 2007-08 and today. Our guide is one of Wall Street's favorite economists, Irving Fisher.
Today we look at the similarities between the Great Financial Crisis of 2007-08 and today. Our guide is one of Wall Street's favorite economists, Irving Fisher.
Today we look at the similarities between the Great Financial Crisis of 2007-08 and today. Our guide is one of Wall Street's favorite economists, Irving Fisher.
Today we look at the similarities between the Great Financial Crisis of 2007-08 and today. Our guide is one of Wall Street's favorite economists, Irving Fisher.
It will come as no surprise that our Government continues to chalk up a tremendous amount of debt. But did you know that the interest on that debt is now the fourth largest expenditure by the Federal Government? And today's interest rate decision by the Federal Reserve threatens to send that interest payment even higher.
It will come as no surprise that our Government continues to chalk up a tremendous amount of debt. But did you know that the interest on that debt is now the fourth largest expenditure by the Federal Government? And today's interest rate decision by the Federal Reserve threatens to send that interest payment even higher.
It will come as no surprise that our Government continues to chalk up a tremendous amount of debt. But did you know that the interest on that debt is now the fourth largest expenditure by the Federal Government? And today's interest rate decision by the Federal Reserve threatens to send that interest payment even higher.
You and I are watching financial history in the making, It's that rare moment when the world's largest financial market, the US Treasuries, directly opposes the Federal Reserve's higher interest rate policy.
You and I are watching financial history in the making, It's that rare moment when the world's largest financial market, the US Treasuries, directly opposes the Federal Reserve's higher interest rate policy.
You and I are watching financial history in the making, It's that rare moment when the world's largest financial market, the US Treasuries, directly opposes the Federal Reserve's higher interest rate policy.
You and I are watching financial history in the making, It's that rare moment when the world's largest financial market, the US Treasuries, directly opposes the Federal Reserve's higher interest rate policy.
The Cold War was a period when the US and USSR squared off against each other. In the end, the American free market economic system dominated the Soviets' Centrally Planned Economy. Ironically today Americans have adopted Central Planning.
The Cold War was a period when the US and USSR squared off against each other. In the end, the American free market economic system dominated the Soviets' Centrally Planned Economy. Ironically today Americans have adopted Central Planning.
The Cold War was a period when the US and USSR squared off against each other. In the end, the American free market economic system dominated the Soviets' Centrally Planned Economy. Ironically today Americans have adopted Central Planning.
The Cold War was a period when the US and USSR squared off against each other. In the end, the American free market economic system dominated the Soviets' Centrally Planned Economy. Ironically today Americans have adopted Central Planning.
Last week we received some sad, no tragic news. The news was that Walmart was closing several hundred stores nationwide, including all the stores in Portland, Oregon. Portland, you'll recall is the city that endured night after night of riots and looting.
Last week we received some sad, no tragic news. The news was that Walmart was closing several hundred stores nationwide, including all the stores in Portland, Oregon. Portland, you'll recall is the city that endured night after night of riots and looting.
Last week we received some sad, no tragic news. The news was that Walmart was closing several hundred stores nationwide, including all the stores in Portland, Oregon. Portland, you'll recall is the city that endured night after night of riots and looting.
Last week we received some sad, no tragic news. The news was that Walmart was closing several hundred stores nationwide, including all the stores in Portland, Oregon. Portland, you'll recall is the city that endured night after night of riots and looting.
If you've noticed this Federal Reserve focuses on how raising interest rates will curb inflation. But doesn't seem to notice the impact of these higher rates on the overall financial system.
If you've noticed this Federal Reserve focuses on how raising interest rates will curb inflation. But doesn't seem to notice the impact of these higher rates on the overall financial system.
If you've noticed this Federal Reserve focuses on how raising interest rates will curb inflation. But doesn't seem to notice the impact of these higher rates on the overall financial system.
If you've noticed this Federal Reserve focuses on how raising interest rates will curb inflation. But doesn't seem to notice the impact of these higher rates on the overall financial system.
Since President Biden announced sanctions against the Russian Federation, the other side that has been scoring diplomatic points, witness the Chinese-brokered agreement between Iran and Saudi Arabia.
Since President Biden announced sanctions against the Russian Federation, the other side that has been scoring diplomatic points, witness the Chinese-brokered agreement between Iran and Saudi Arabia.
Since President Biden announced sanctions against the Russian Federation, the other side that has been scoring diplomatic points, witness the Chinese-brokered agreement between Iran and Saudi Arabia.
Since President Biden announced sanctions against the Russian Federation, the other side that has been scoring diplomatic points, witness the Chinese-brokered agreement between Iran and Saudi Arabia.
Last Friday, an obscure regional bank failed. It was Silicon Valley Bank, headquartered just south of San Francisco in an area renowned as the Technology Center of the World.
Last Friday, an obscure regional bank failed. It was Silicon Valley Bank, headquartered just south of San Francisco in an area renowned as the Technology Center of the World.
Last Friday, an obscure regional bank failed. It was Silicon Valley Bank, headquartered just south of San Francisco in an area renowned as the Technology Center of the World.
Last Friday, an obscure regional bank failed. It was Silicon Valley Bank, headquartered just south of San Francisco in an area renowned as the Technology Center of the World.
Yesterday we received the JOLTS Job Openings Report. And once again it showed that more than 10 million jobs have no one to fill them. Today we look at why that might be.
Yesterday we received the JOLTS Job Openings Report. And once again it showed that more than 10 million jobs have no one to fill them. Today we look at why that might be.
Yesterday we received the JOLTS Job Openings Report. And once again it showed that more than 10 million jobs have no one to fill them. Today we look at why that might be.
Yesterday we received the JOLTS Job Openings Report. And once again it showed that more than 10 million jobs have no one to fill them. Today we look at why that might be.
Yesterday, Jerome Powell testified before the US Senate. And once again, he emphasized that the goal of the Fed is to bring inflation down to 2%.
Yesterday, Jerome Powell testified before the US Senate. And once again, he emphasized that the goal of the Fed is to bring inflation down to 2%.
Yesterday, Jerome Powell testified before the US Senate. And once again, he emphasized that the goal of the Fed is to bring inflation down to 2%.
Yesterday, Jerome Powell, Chairman of the Federal Reserve testified before the US Senate. And once again, like he's been doing for 2 years, Powell emphasized that the goal of the Fed is to bring down inflation to 2%.
For 30 years Russia has relied upon a hand-shake agreement that NATO would not expand eastward. Today, Joe Biden says that agreement never existed.
For 30 years Russia has relied upon a hand-shake agreement that NATO would not expand eastward. Today, Joe Biden says that agreement never existed.
For 30 years Russia has relied upon a hand-shake agreement that NATO would not expand eastward. Today, Joe Biden says that agreement never existed.
For 30 years Russia has relied upon a hand-shake agreement that NATO would not expand eastward. Today, Joe Biden says that agreement never existed.
...Today this presents a very odd situation when the world's most trade-dependent country tries .to introduce sanctions.
...Today this presents a very odd situation when the world's most trade-dependent country tries .to introduce sanctions.
...Today this presents a very odd situation when the world's most trade-dependent country tries .to introduce sanctions.
...Today this presents a very odd situation when the world's most trade-dependent country tries .to introduce sanctions.
They are among the most powerful and influential organizations in our society. They are the Charitable Foundations.
They are among the most powerful and influential organizations in our society. They are the Charitable Foundations.
They are among the most powerful and influential organizations in our society. They are the Charitable Foundations.
They are among the most powerful and influential organizations in our society. They are the Charitable Foundations.
Companies reduced their investment in Durable Goods, indicating some trepidation about this year's fortunes..
Companies reduced their investment in Durable Goods, indicating some trepidation about this year's fortunes..
Companies reduced their investment in Durable Goods, indicating some trepidation about this year's fortunes..
Companies reduced their investment in Durable Goods, indicating some trepidation about this year's fortunes..
You're no doubt familiar with Moderna, the Covid-19 Vaccine Maker. Yesterday they announced very poor earnings. We'll explore some of the reasons why.
You're no doubt familiar with Moderna, the Covid-19 Vaccine Maker. Yesterday they announced very poor earnings. We'll explore some of the reasons why.
You're no doubt familiar with Moderna, the Covid-19 Vaccine Maker. Yesterday they announced very poor earnings. We'll explore some of the reasons why.
You're no doubt familiar with Moderna, the Covid-19 Vaccine Maker. Yesterday they announced very poor earnings. We'll explore some of the reasons why.
At just the time that the Ukraine War began, the leaders of the West, principally the European Union, Great Britain, and the United States, decided that the laws of economics no longer applied. These countries, which are significant oil importers, agreed that they, and not the oil producers, should set the price of oil.
At just the time that the Ukraine War began, the leaders of the West, principally the European Union, Great Britain, and the United States, decided that the laws of economics no longer applied. These countries, which are significant oil importers, agreed that they, and not the oil producers, should set the price of oil.
At just the time that the Ukraine War began, the leaders of the West, principally the European Union, Great Britain, and the United States, decided that the laws of economics no longer applied. These countries, which are significant oil importers, agreed that they, and not the oil producers, should set the price of oil.
At just the time that the Ukraine War began, the leaders of the West, principally the European Union, Great Britain, and the United States, decided that the laws of economics no longer applied. These countries, which are significant oil importers, agreed that they, and not the oil producers, should set the price of oil.
Yesterday, US President Joe Biden flew to Kyiv to reaffirm America's commitment to continue with the War In Ukraine. In the President's words: "I thought it was critical that there not be any doubt, none whatsoever, about US Support for Ukraine in the War."
Yesterday, US President Joe Biden flew to Kyiv to reaffirm America's commitment to continue with the War In Ukraine. In the President's words: "I thought it was critical that there not be any doubt, none whatsoever, about US Support for Ukraine in the War."
Yesterday, US President Joe Biden flew to Kyiv to reaffirm America's commitment to continue with the War In Ukraine. In the President's words: "I thought it was critical that there not be any doubt, none whatsoever, about US Support for Ukraine in the War."
Yesterday, US President Joe Biden flew to Kyiv to reaffirm America's commitment to continue with the War In Ukraine. In the President's words: "I thought it was critical that there not be any doubt, none whatsoever, about US Support for Ukraine in the War."
In an article titled: "How America Took Out The Nordstream Pipeline, Seymour Hersh alleges that the Biden Administration executed a plan to blow up the pipeline. But not one question has been asked of the President of members of his Administration. Why?
In an article titled: "How America Took Out The Nordstream Pipeline, Seymour Hersh alleges that the Biden Administration executed a plan to blow up the pipeline. But not one question has been asked of the President of members of his Administration. Why?
In an article titled: "How America Took Out The Nordstream Pipeline, Seymour Hersh alleges that the Biden Administration executed a plan to blow up the pipeline. But not one question has been asked of the President of members of his Administration. Why?
In an article titled: "How America Took Out The Nordstream Pipeline, Seymour Hersh alleges that the Biden Administration executed a plan to blow up the pipeline. But not one question has been asked of the President of members of his Administration. Why?
In the game of poker, it's called a tell. A twitch, a blink, of slight movement tells the seasoned observer that something is not as it appears.
In the game of poker, it's called a tell. A twitch, a blink, of slight movement tells the seasoned observer that something is not as it appears.
In the game of poker, it's called a tell. A twitch, a blink, of slight movement tells the seasoned observer that something is not as it appears.
In the game of poker, it's called a tell. A twitch, a blink, of slight movement tells the seasoned observer that something is not as it appears.
A review of the performance of our "Manager-In-Chief," Joe Biden, from a Business School perspective.
A review of the performance of our "Manager-In-Chief," Joe Biden, from a Business School perspective.
A review of the performance of our "Manager-In-Chief," Joe Biden, from a Business School perspective.
A review of the performance of our "Manager-In-Chief," Joe Biden, from a Business School perspective.
What, you've never heard of the US Consumer Dollar?
Of course not! That is my point. Our sole measure of inflation is from the Consumer Side.
What, you've never heard of the US Consumer Dollar?
Of course not! That is my point. Our sole measure of inflation is from the Consumer Side.
What, you've never heard of the US Consumer Dollar?
Of course not! That is my point. Our sole measure of inflation is from the Consumer Side.
What, you've never heard of the US Consumer Dollar?
Of course not! That is my point. Our sole measure of inflation is from the Consumer Side.
The year was 1968, and I was a 20-year-old college student. I could tell this was going to be different as I walked through the door.
The year was 1968, and I was a 20-year-old college student. I could tell this was going to be different as I walked through the door...
The year was 1968, and I was a 20-year-old college student. I could tell this was going to be different as I walked through the door...
The year was 1968, and I was a 20-year-old college student. I could tell this was going to be different as I walked through the door.
It was an explosive week on Wall Street. It began with last weekend's shooting of that Chinese Spy Balloon, which leisurely drifted over much of the United States the week before. Just as the headlines from the Balloon started to fade, former New York Times reporter, and Pulitzer Prize-winning journalist, Seymour Hersh published an article accusing the United States of blowing up the Nordstream Pipelines.
It was an explosive week on Wall Street. It began with last weekend's shooting of that Chinese Spy Balloon, which leisurely drifted over much of the United States the week before. Just as the headlines from the Balloon started to fade, former New York Times reporter, and Pulitzer Prize-winning journalist, Seymour Hersh published an article accusing the United States of blowing up the Nordstream Pipelines.
It was an explosive week on Wall Street. It began with last weekend's shooting of that Chinese Spy Balloon, which leisurely drifted over much of the United States the week before. Just as the headlines from the Balloon started to fade, former New York Times reporter, and Pulitzer Prize-winning journalist, Seymour Hersh published an article accusing the United States of blowing up the Nordstream Pipelines.
It was an explosive week on Wall Street. It began with last weekend's shooting of that Chinese Spy Balloon, which leisurely drifted over much of the United States the week before. Just as the headlines from the Balloon started to fade, former New York Times reporter, and Pulitzer Prize-winning journalist, Seymour Hersh published an article accusing the United States of blowing up the Nordstream Pipelines.
When brute force is used against innocent bystanders, Americans have universally condemned such actions.
When brute force is used against innocent bystanders, Americans have universally condemned such actions.
When brute force is used against innocent bystanders, Americans have universally condemned such actions.
When brute force is used against innocent bystanders, Americans have universally condemned such actions.
Today, in so many ways the War in Ukraine has brought us back to the ugly, on-the-ground reality of War the way it used to be.
Today, in so many ways the War in Ukraine has brought us back to the ugly, on-the-ground reality of War the way it used to be.
Today, in so many ways the War in Ukraine has brought us back to the ugly, on-the-ground reality of War the way it used to be.
Today, in so many ways the War in Ukraine has brought us back to the ugly, on-the-ground reality of War the way it used to be.
Last week another object, also from China, floated over the United States. Although this object used the same lighter-than-air principle to float over the country, it was not in celebration of some holiday. In fact, to most Americans, the Chinese Spy Balloon's purpose seemed sinister.
Last week another object, also from China, floated over the United States. Although this object used the same lighter-than-air principle to float over the country, it was not in celebration of some holiday. In fact, to most Americans, the Chinese Spy Balloon's purpose seemed sinister.
Last week another object, also from China, floated over the United States. Although this object used the same lighter-than-air principle to float over the country, it was not in celebration of some holiday. In fact, to most Americans, the Chinese Spy Balloon's purpose seemed sinister.
I confess that I'm an egg-for-breakfast person. A couple of scrambled, a slice of toast, and I'm good for the day. So, all of this news that there's something going on in the Egg World certainly has me concerned.
Last week another object, also from China, floated over the United States. Although this object used the same lighter-than-air principle to float over the country, it was not in celebration of some holiday. In fact, to most Americans, the Chinese Spy Balloon's purpose seemed sinister.
I confess that I'm an egg-for-breakfast person. A couple of scrambled, a slice of toast, and I'm good for the day. So, all of this news that there's something going on in the Egg World certainly has me concerned.
I confess that I'm an egg-for-breakfast person. A couple of scrambled, a slice of toast, and I'm good for the day. So, all of this news that there's something going on in the Egg World certainly has me concerned.
I confess that I'm an egg-for-breakfast person. A couple of scrambled, a slice of toast, and I'm good for the day. So, all of this news that there's something going on in the Egg World certainly has me concerned.
Today the Nations of the World are dividing. On the one hand the climate friendly Western countries. On the other the fossil fuel-using BRICS countries, including Russia. The last time this happened was just after World War II when Winston Churchill announced that an "Iron Curtain" had descended in Europe.
Today the Nations of the World are dividing. On the one hand the climate friendly Western countries. On the other the fossil fuel-using BRICS countries, including Russia. The last time this happened was just after World War II when Winston Churchill announced that an "Iron Curtain" had descended in Europe.
Today the Nations of the World are dividing. On the one hand the climate friendly Western countries. On the other the fossil fuel-using BRICS countries, including Russia. The last time this happened was just after World War II when Winston Churchill announced that an "Iron Curtain" had descended in Europe.
Today the Nations of the World are dividing. On the one hand the climate friendly Western countries. On the other the fossil fuel-using BRICS countries, including Russia. The last time this happened was just after World War II when Winston Churchill announced that an "Iron Curtain" had descended in Europe.
This week we discussed the uncanny correlation between those stimulus checks and inflation, why Urban Warfare versus traditional open-field battles makes such a difference in viewing Ukraine, why there are no layoffs at Apple Computer and a look at how the Federal Reserve is doing in their battle with inflation.
So, sit back, and grab a cup of coffee as we take a look at the week just passed.
This week we discussed the uncanny correlation between those stimulus checks and inflation, why Urban Warfare versus traditional open-field battles makes such a difference in viewing Ukraine, why there are no layoffs at Apple Computer and a look at how the Federal Reserve is doing in their battle with inflation.
So, sit back, and grab a cup of coffee as we take a look at the week just passed.
This week we discussed the uncanny correlation between those stimulus checks and inflation, why Urban Warfare versus traditional open-field battles makes such a difference in viewing Ukraine, why there are no layoffs at Apple Computer and a look at how the Federal Reserve is doing in their battle with inflation.
So, sit back, and grab a cup of coffee as we take a look at the week just passed.
This week we discussed the uncanny correlation between those stimulus checks and inflation, why Urban Warfare versus traditional open-field battles makes such a difference in viewing Ukraine, why there are no layoffs at Apple Computer and a look at how the Federal Reserve is doing in their battle with inflation.
So, sit back, and grab a cup of coffee as we take a look at the week just passed.
You may have read about all of the layoffs in the Tech Industry. Most of the industry leaders have begun sending pink slips to their workers in an effort to cut costs. Conspicuously absent has been Apple Computer, which, to date, has not let go of anyone.
You may have read about all of the layoffs in the Tech Industry. Most of the industry leaders have begun sending pink slips to their workers in an effort to cut costs. Conspicuously absent has been Apple Computer, which, to date, has not let go of anyone.
You may have read about all of the layoffs in the Tech Industry. Most of the industry leaders have begun sending pink slips to their workers in an effort to cut costs. Conspicuously absent has been Apple Computer, which, to date, has not let go of anyone.
You may have read about all of the layoffs in the Tech Industry. Most of the industry leaders have begun sending pink slips to their workers in an effort to cut costs. Conspicuously absent has been Apple Computer, which, to date, has not let go of anyone.
You and I are living through the most significant monetary experiment in our country's history. Beginning in 2010, for the first time ever, the US Federal Reserve, the nation's central banker, elected to drop interest rates to essentially zero.
You and I are living through the most significant monetary experiment in our country's history. Beginning in 2010, for the first time ever, the US Federal Reserve, the nation's central banker, elected to drop interest rates to essentially zero.
You and I are living through the most significant monetary experiment in our country's history. Beginning in 2010, for the first time ever, the US Federal Reserve, the nation's central banker, elected to drop interest rates to essentially zero.
You and I are living through the most significant monetary experiment in our country's history. Beginning in 2010, for the first time ever, the US Federal Reserve, the nation's central banker, elected to drop interest rates to essentially zero.
The Federal Reserve employees over 400 economists to help present an incredibly diverse, yet precise picture of our economy...All of the analysis, plus an incredible amount of data collection, and computer crunching will go together to guide the Fed in making today's interest rate decision...
The Federal Reserve employees over 400 economists to help present an incredibly diverse, yet precise picture of our economy...All of the analysis, plus an incredible amount of data collection, and computer crunching will go together to guide the Fed in making today's interest rate decision...
The Federal Reserve employees over 400 economists to help present an incredibly diverse, yet precise picture of our economy...All of the analysis, plus an incredible amount of data collection, and computer crunching will go together to guide the Fed in making today's interest rate decision...
The Federal Reserve employees over 400 economists to help present an incredibly diverse, yet precise picture of our economy...All of the analysis, plus an incredible amount of data collection, and computer crunching will go together to guide the Fed in making today's interest rate decision...
Here, in America, there seems to be a growing view that Russia's Military is weak and ineffective. Based on the current fighting in Ukraine, and supported by American media, large portions of Americans seem to view the Russian Army as easy to defeat.
Here, in America, there seems to be a growing view that Russia's Military is weak and ineffective. Based on the current fighting in Ukraine, and supported by American media, large portions of Americans seem to view the Russian Army as easy to defeat.
Here, in America, there seems to be a growing view that Russia's Military is weak and ineffective. Based on the current fighting in Ukraine, and supported by American media, large portions of Americans seem to view the Russian Army as easy to defeat.
Here, in America, there seems to be a growing view that Russia's Military is weak and ineffective. Based on the current fighting in Ukraine, and supported by American media, large portions of Americans seem to view the Russian Army as easy to defeat.
There is a remarkable correlation between the current bout of inflation and those Stimulus Checks we all received a couple of years ago. What makes this so critical and timely is that the Federal Reserve will meet this week to determine our next interest rate setting. And their decision will be based, at least in part, on where this Inflation came from.
There is a remarkable correlation between the current bout of inflation and those Stimulus Checks we all received a couple of years ago. What makes this so critical and timely is that the Federal Reserve will meet this week to determine our next interest rate setting. And their decision will be based, at least in part, on where this Inflation came from.
There is a remarkable correlation between the current bout of inflation and those Stimulus Checks we all received a couple of years ago. What makes this so critical and timely is that the Federal Reserve will meet this week to determine our next interest rate setting. And their decision will be based, at least in part, on where this Inflation came from.
There is a remarkable correlation between the current bout of inflation and those Stimulus Checks we all received a couple of years ago. What makes this so critical and timely is that the Federal Reserve will meet this week to determine our next interest rate setting. And their decision will be based, at least in part, on where this Inflation came from.
Inflation, War, and Energy Shortages are changing attitudes and perceptions nearly everywhere.
Inflaton, War, and Energy Shortages are changing attitudes and perceptions nearly everywhere.
Inflaton, War, and Energy Shortages are changing attitudes and perceptions nearly everywhere.
Yesterday's Report on GDP showed the Economy grew by 2.9% in the fourth quarter of 2022. The high end of Wall Street estimates, but below the quarter before. The Economy is slowing.
Yesterday's Report on GDP showed the Economy grew by 2.9% in the fourth quarter of 2022. The high end of Wall Street estimates, but below the quarter before. The Economy is slowing.
Yesterday's Report on GDP showed the Economy grew by 2.9% in the fourth quarter of 2022. The high end of Wall Street estimates, but below the quarter before. The Economy is slowing.
Yesterday's Report on GDP showed the Economy grew by 2.9% in the fourth quarter of 2022. The high end of Wall Street estimates, but below the quarter before. The Economy is slowing.
What's so interesting about the current economy is that we've dusted off an old term that economists hadn't used in 40 years: "Stagflation." Stagflation combines slow economic growth, borderline recession, and high inflation.
What's so interesting about the current economy is that we've dusted off an old term that economists hadn't used in 40 years: "Stagflation." Stagflation combines slow economic growth, borderline recession, and high inflation.
What's so interesting about the current economy is that we've dusted off an old term that economists hadn't used in 40 years: "Stagflation." Stagflation combines slow economic growth, borderline recession, and high inflation.
What's so interesting about the current economy is that we've dusted off an old term that economists hadn't used in 40 years: "Stagflation." Stagflation combines slow economic growth, borderline recession, and high inflation.
The Biden Administration is rolling out the Red Carpet for the nations of Africa...To boost American Trade.
The Biden Administration is rolling out the Red Carpet for the nations of Africa...To boost American Trade.
The Biden Administration is rolling out the Red Carpet for the nations of Africa...To boost American Trade.
The Biden Administration is rolling out the Red Carpet for the nations of Africa...To boost American Trade.
Energy shapes the modern world. And today our primary sources remain traditional carbon-based energy: oil, natural gas, and coal. In the United States, these three energy sources represent just about 80% of our current energy sources.
Energy shapes the modern world. And today our primary sources remain traditional carbon-based energy: oil, natural gas, and coal. In the United States, these three energy sources represent just about 80% of our current energy sources.
Energy shapes the modern world. And today our primary sources remain traditional carbon-based energy: oil, natural gas, and coal. In the United States, these three energy sources represent just about 80% of our current energy sources.
Energy shapes the modern world. And today our primary sources remain traditional carbon-based energy: oil, natural gas, and coal. In the United States, these three energy sources represent just about 80% of our current energy sources.
Around the world history is on the march. Reports are that the Russian Army is picking up territory in Ukraine. While the Saudis report that they will accept currencies besides the US Dollar in payment for their oil. Is this the end of the Petro-Dollar?
Around the world history is on the march. Reports are that the Russian Army is picking up territory in Ukraine. While the Saudis report that they will accept currencies besides the US Dollar in payment for their oil. Is this the end of the Petro-Dollar?
Around the world history is on the march. Reports are that the Russian Army is picking up territory in Ukraine. While the Saudis report that they will accept currencies besides the US Dollar in payment for their oil. Is this the end of the Petro-Dollar?
On Tuesday Saudi Arabia Finance Minister, Mohammed Al-Jadaan announced that they will accept payment for their oil in many different currencies. Thus breaking their exclusive arrangement with the US Dollar that had lasted for half a century.
On Tuesday Saudi Arabia Finance Minister, Mohammed Al-Jadaan announced that they will accept payment for their oil in many different currencies. Thus breaking their exclusive arrangement with the US Dollar that had lasted for half a century.
On Tuesday Saudia Arabia Finance Minister, Mohammed Al-Jadaan announced that they will accept payment for their oil in many different currencies. Thus breaking their exclusive arrangement with the US Dollar that had lasted for half a century.
On Tuesday Saudia Arabia Finance Minister, Mohammed Al-Jadaan announced that they will accept payment for their oil in many different currencies. Thus breaking their exclusive arrangement with the US Dollar that had lasted for half a century.
A friend of mine ran the local sandwich shop. He was a fellow escapee from the corporate world...
A friend of mine ran the local sandwich shop. He was a fellow escapee from the corporate world...
A friend of mine ran the local sandwich shop. He was a fellow escapee from the corporate world...
A friend of mine ran the local sandwich shop. He was a fellow escapee from the corporate world...
Terrible things happened in Ukraine last week, things that are likely to set the future course of this conflict.
Terrible things happened in Ukraine last week, things that are likely to set the future course of this conflict.
Terrible things happened in Ukraine last week, things that are likely to set the future course of this conflict.
Terrible things happened in Ukraine last week, things that are likely to set the future course of this conflict.
As inflation has begun to cool, Investors have changed their focus. In the last couple of weeks, investor appetite for safer, cyclical shares has increased.
As inflation has begun to cool, Investors have changed their focus. In the last couple of weeks, investor appetite for safer, cyclical shares has increased.
As inflation has begun to cool, Investors have changed their focus. In the last couple of weeks, investor appetite for safer, cyclical shares has increased.
As inflation has begun to cool, Investors have changed their focus. In the last couple of weeks, investor appetite for safer, cyclical shares has increased.
As inflation has begun to cool, Investors have changed their focus. In the last couple of weeks, investor appetite for safer, cyclical shares has increased.
As inflation has begun to cool, Investors have changed their focus. In the last couple of weeks, investor appetite for safer, cyclical shares has increased.
We are at that point in the Business Cycle when we can expect some marginal businesses to fail...What can be particularly stunning is how once dominant companies can also fail...
We are at that point in the Business Cycle when we can expect some marginal businesses to fail...What can be particularly stunning is how once dominant companies can also fail...
We are at that point in the Business Cycle when we can expect some marginal businesses to fail...What can be particularly stunning is how once dominant companies can also fail...
We are at that point in the Business Cycle when we can expect some marginal businesses to fail...What can be particularly stunning is how once dominant companies can also fail...
Today, early in the Third Millennium, we are watching another great nation lose its grip on World Order, as Pax Americana fades...
Today, early in the Third Millennium, we are watching another great nation lose its grip on World Order, as Pax Americana fades...
Today, early in the Third Millennium, we are watching another great nation lose its grip on World Order, as Pax Americana fades...
Today, early in the Third Millennium, we are watching another great nation lose its grip on World Order, as Pax Americana fades...
The Federal Reserve's Interest Rate Policy has been on life-support since this new century began. In these 22 years, the Fed has tried to raise interest rates four times, only to fail each time.
The Federal Reserve's Interest Rate Policy has been on life-support since this new century began. In these 22 years, the Fed has tried to raise interest rates four times, only to fail each time.
The Federal Reserve's Interest Rate Policy has been on life-support since this new century began. In these 22 years, the Fed has tried to raise interest rates four times, only to fail each time.
The Federal Reserve's Interest Rate Policy has been on life-support since this new century began. In these 22 years, the Fed has tried to raise interest rates four times, only to fail each time.
What makes the markets so endlessly fascinating is how incredibly complex they are. Like a rocky shore at sunset, each change of the light and tide presents an entirely different view.
What makes the markets so endlessly fascinating is how incredibly complex they are. Like a rocky shore at sunset, each change of the light and tide presents an entirely different view.
What makes the markets so endlessly fascinating is how incredibly complex they are. Like a rocky shore at sunset, each change of the light and tide presents an entirely different view.
What makes the markets so endlessly fascinating is how incredibly complex they are. Like a rocky shore at sunset, each change of the light and tide presents an entirely different view.
Our story began nearly 28 years ago, on January 11, 1995. That was the day that Robert Rubin was sworn in as the 70th United States Secretary of Treasury, the day the transformation of the Clinton Administration began.
Our story began nearly 28 years ago, on January 11, 1995. That was the day that Robert Rubin was sworn in as the 70th United States Secretary of Treasury, the day the transformation of the Clinton Administration began.
Our story began nearly 28 years ago, on January 11, 1995. That was the day that Robert Rubin was sworn in as the 70th United States Secretary of Treasury, the day the transformation of the Clinton Administration began.
Our story began nearly 28 years ago, on January 11, 1995. That was the day that Robert Rubin was sworn in as the 70th United States Secretary of Treasury, the day the transformation of the Clinton Administration began.
Wall Street is full of superstitions, one of which involves the first week of the new year...
Plus our review of the week just passed.
Wall Street is full of superstitions, one of which involves the first week of the new year...
Plus our review of the week just passed.
Wall Street is full of superstitions, one of which involves the first week of the new year...
Plus our review of the week just passed.
Wall Street is full of superstitions, one of which involves the first week of the new year...
Plus our review of the week just passed.
As you know, the US is the world's most crucial trading economy. We purchase more goods overseas than any other country by a mile.
As you know, the US is the world's most crucial trading economy. We purchase more goods overseas than any other country by a mile.
As you know, the US is the world's most crucial trading economy. We purchase more goods overseas than any other country by a mile.
As you know, the US is the world's most crucial trading economy. We purchase more goods overseas than any other country by a mile.
It's been a long-standing objective among American Politicians to work for a more robust economy...But all that's changed recently.
It's been a long-standing objective among American Politicians to work for a more robust economy...But all that's changed recently.
It's been a long-standing objective among American Politicians to work for a more robust economy...But all that's changed recently.
It's been a long-standing objective among American Politicians to work for a more robust economy...But all that's changed recently.
On Monday Night Football, before thousands of fans in the stadium and millions more at home, 24-year-old defensive back Damar Hamlin collapsed. Hamlin was rushed by ambulance to the University of Cincinnati Hospital, where he remains in critical condition.
On Monday Night Football, before thousands of fans in the stadium and millions more at home, 24-year-old defensive back Damar Hamlin collapsed. Hamlin was rushed by ambulance to the University of Cincinnati Hospital, where he remains in critical condition.
On Monday Night Football, before thousands of fans in the stadium and millions more at home, 24-year-old defensive back Damar Hamlin collapsed. Hamlin was rushed by ambulance to the University of Cincinnati Hospital, where he remains in critical condition.
On Monday Night Football, before thousands of fans in the stadium and millions more at home, 24-year-old defensive back Damar Hamlin collapsed. Hamlin was rushed by ambulance to the University of Cincinnati Hospital, where he remains in critical condition.
2022 was one of the worst-performing years for the Stock Market. That directly trickles down to all those who labor on the Street.
2022 was one of the worst-performing years for the Stock Market. That directly trickles down to all those who labor on the Street.
2022 was one of the worst-performing years for the Stock Market. That directly trickles down to all those who labor on the Street.
2022 was one of the worst-performing years for the Stock Market. That directly trickles down to all those who labor on the Street.
2022 was one of the most difficult ever. Join me as we take a look back at the week just past.
2022 was one of the most difficult ever. Join me as we take a look back at the week just past.
2022 was one of the most difficult ever. Join me as we take a look back at the week just past.
2022 was one of the most difficult ever. Join me as we take a look back at the week just past.
2022 was one of the most difficult ever. Join me as we take a look back at the week just past.
2022 was one of the most difficult ever. Join me as we take a look back at the week just past.
The Finish Government joins a long line of European Governments in taxing traditional carbon-based energy. An action that will make energy more expensive in Europe this winter.
The Finish Government joins a long line of European Governments in taxing traditional carbon-based energy. An action that will make energy more expensive in Europe this winter.
The Finish Government joins a long line of European Governments in taxing traditional carbon-based energy. An action that will make energy more expensive in Europe this winter.
During the Carter Presidency, we were introduced to a new economic term: COLA, the Cost Of Living Adjustment.
During the Carter Presidency, we were introduced to a new economic term: COLA, the Cost Of Living Adjustment.
During the Carter Presidency, we were introduced to a new economic term: COLA, the Cost Of Living Adjustment.
During the Carter Presidency, we were introduced to a new economic term: COLA, the Cost Of Living Adjustment.
It was the day before Christmas Eve. A time when all of America is consumed with the holidays, and the perfect time for the minions in Washington to bury any news story.
It was the day before Christmas Eve. A time when all of America is consumed with the holidays, and the perfect time for the minions in Washington to bury any news story.
It was the day before Christmas Eve. A time when all of America is consumed with the holidays, and the perfect time for the minions in Washington to bury any news story.
It was the day before Christmas Eve. A time when all of America is consumed with the holidays, and the perfect time for the minions in Washington to bury any news story.
This week the winter's cold hit with a vengeance. The perfect anecdote is a roaring fire to warm you to the bond, radian heat that comes from burning wood. Here in rural Pennsylvania, we usually find that roaring fire in the humble wood stove.
This week the winter's cold hit with a vengeance. The perfect anecdote is a roaring fire to warm you to the bond, radian heat that comes from burning wood. Here in rural Pennsylvania, we usually find that roaring fire in the humble wood stove.
This week the winter's cold hit with a vengeance. The perfect anecdote is a roaring fire to warm you to the bond, radian heat that comes from burning wood. Here in rural Pennsylvania, we usually find that roaring fire in the humble wood stove.
This week the winter's cold hit with a vengeance. The perfect anecdote is a roaring fire to warm you to the bond, radian heat that comes from burning wood. Here in rural Pennsylvania, we usually find that roaring fire in the humble wood stove.
It's been a humdinger of a year on Wall Street. We began the year in a world of perpetually low interest rates and high technology...
It's been a humdinger of a year on Wall Street. We began the year in a world of perpetually low interest rates and high technology...
It's been a humdinger of a year on Wall Street. We began the year in a world of perpetually low interest rates and high technology...
It's been a humdinger of a year on Wall Street. We began the year in a world of perpetually low interest rates and high technology...
Three significant events occurred this year, that we haven't seen before. And each will impact our view of Next Year's Economy...
Three significant events occurred this year, that we haven't seen before. And each will impact our view of Next Year's Economy...
Three significant events occurred this year, that we haven't seen before. And each will impact our view of Next Year's Economy...
Three significant events occurred this year, that we haven't seen before. And each will impact our view of Next Year's Economy...
The Stock Market has lost its leadership. The stocks that led the long bull phase. For a couple of decades, we have witnessed the ascendancy of these all too familiar, big tech stocks...
The Stock Market has lost its leadership. The stocks that led the long bull phase. For a couple of decades, we have witnessed the ascendancy of these all too familiar, big tech stocks...
The Stock Market has lost its leadership. The stocks that led the long bull phase. For a couple of decades, we have witnessed the ascendancy of these all too familiar, big tech stocks...
The Stock Market has lost its leadership. The stocks that led the long bull phase. For a couple of decades, we have witnessed the ascendancy of these all too familiar, big tech stocks...
It turns out that Charles is a highly driven individual with concrete goals and objectives, not just for England but it turns out for the World.
It turns out that Charles is a highly driven individual with concrete goals and objectives, not just for England but it turns out for the World.
It turns out that Charles is a highly driven individual with concrete goals and objectives, not just for England but it turns out for the World.
It turns out that Charles is a highly driven individual with concrete goals and objectives, not just for England but it turns out for the World.
It was a fascinating week, with the US Equity Markets declining for the second week in a row. It was also the week we saw the not-too-pleasant side of two public figures: Angela Merkel of Germany, and Jerome Powell and the Federal Reserve.
It was a fascinating week, with the US Equity Markets declining for the second week in a row. It was also the week we saw the not-too-pleasant side of two public figures: Angela Merkel of Germany, and Jerome Powell and the Federal Reserve.
It was a fascinating week, with the US Equity Markets declining for the second week in a row. It was also the week we saw the not-too-pleasant side of two public figures: Angela Merkel of Germany, and Jerome Powell and the Federal Reserve.
It was a fascinating week, with the US Equity Markets declining for the second week in a row. It was also the week we saw the not-too-pleasant side of two public figures: Angela Merkel of Germany, and Jerome Powell and the Federal Reserve.
Today's most significant economic crisis is inflation. We all know one side of this inflation "coin." The side that the Federal Reserve has told us. But what of the other side to this coin? What hasn't the Fed told us?
Today's most significant economic crisis is inflation. We all know one side of this inflation "coin." The side that the Federal Reserve has told us. But what of the other side to this coin? What hasn't the Fed told us?
Today's most significant economic crisis is inflation. We all know one side of this inflation "coin." The side that the Federal Reserve has told us. But what of the other side to this coin? What hasn't the Fed told us?
Today's most significant economic crisis is inflation. We all know one side of this inflation "coin." The side that the Federal Reserve has told us. But what of the other side to this coin? What hasn't the Fed told us?
Our story began on January 20, 2021, when Joe Biden was sworn in as the 46th President of these United States. On that day, Inflation stood at a mere 1/4% for the month, or an annual rate of under 1 1/2%.
Our story began on January 20, 2021, when Joe Biden was sworn in as the 46th President of these United States. On that day, Inflation stood at a mere 1/4% for the month, or an annual rate of under 1 1/2%.
Our story began on January 20, 2021, when Joe Biden was sworn in as the 46th President of these United States. On that day, Inflation stood at a mere 1/4% for the month, or an annual rate of under 1 1/2%.
Our story began on January 20, 2021, when Joe Biden was sworn in as the 46th President of these United States. On that day, Inflation stood at a mere 1/4% for the month, or an annual rate of under 1 1/2%.
The Federal Reserve is trying to thread one of the most difficult of all financial needles, that balance between full employment and low inflation...
The Federal Reserve is trying to thread one of the most difficult of all financial needles, that balance between full employment and low inflation...
The Federal Reserve is trying to thread one of the most difficult of all financial needles, that balance between full employment and low inflation...
The Federal Reserve is trying to thread one of the most difficult of all financial needles, that balance between full employment and low inflation...
Just like Humpty Dumpty, the former world order won't be reassembled. All the King's horses and all the King's men, won't put the Western Hegemony back together again.
Just like Humpty Dumpty, the former world order won't be reassembled. All the King's horses and all the King's men, won't put the Western Hegemony back together again.
Just like Humpty Dumpty, the former world order won't be reassembled. All the King's horses and all the King's men, won't put the Western Hegemony back together again.
Just like Humpty Dumpty, the former world order won't be reassembled. All the King's horses and all the King's men, won't put the Western Hegemony back together again.
America's Benchmark Oil, West Texas Intermediate, was down a dramatic 12% this week. Is it possible that this is not going to be the "cold, dark winter," President Biden keeps talking about?
America's Benchmark Oil, West Texas Intermediate, was down a dramatic 12% this week. Is it possible that this is not going to be the "cold, dark winter," President Biden keeps talking about?
America's Benchmark Oil, West Texas Intermediate, was down a dramatic 12% this week. Is it possible that this is not going to be the "cold, dark winter," President Biden keeps talking about?
America's Benchmark Oil, West Texas Intermediate, was down a dramatic 12% this week. Is it possible that this is not going to be the "cold, dark winter," President Biden keeps talking about?
At their heart, financial markets are very straightforward. They are simply attempting to measure future supply and demand.
At their heart, financial markets are very straightforward. They are simply attempting to measure future supply and demand.
At their heart, financial markets are very straightforward. They are simply attempting to measure future supply and demand.
At their heart, financial markets are very straightforward. They are simply attempting to measure future supply and demand.
Exactly one week from today, the Federal Reserve Open Market Committee will meet to decide their latest interest rate...
Exactly one week from today, the Federal Reserve Open Market Committee will meet to decide their latest interest rate...
Exactly one week from today, the Federal Reserve Open Market Committee will meet to decide their latest interest rate...
Exactly one week from today, the Federal Reserve Open Market Committee will meet to decide their latest interest rate...
Not since the first caveman invented fire have so many focused on finding energy-energy of all types...
Not since the first caveman invented fire have so many focused on finding energy-energy of all types...
Not since the first caveman invented fire have so many focused on finding energy-energy of all types...
Not since the first caveman invented fire have so many focused on finding energy-energy of all types...
The lifestyle you and I have enjoyed over the past generation has been due, in no small part, to the US Dollar's position as the International Reserve Currency...
The lifestyle you and I have enjoyed over the past generation has been due, in no small part, to the US Dollar's position as the International Reserve Currency...
The lifestyle you and I have enjoyed over the past generation has been due, in no small part, to the US Dollar's position as the International Reserve Currency...
The lifestyle you and I have enjoyed over the past generation has been due, in no small part, to the US Dollar's position as the International Reserve Currency...
The lifestyle you and I have enjoyed over the past generation has been due, in no small part, to the US Dollar's position as the International Reserve Currency...
The lifestyle you and I have enjoyed over the past generation has been due, in no small part, to the US Dollar's position as the International Reserve Currency...
The lifestyle you and I have enjoyed over the past generation has been due, in no small part, to the US Dollar's position as the International Reserve Currency...
Markets showed little direction this week. As measured by the Dow Jones Industrial Average, stocks were able to eke out a mere 1/10th% gain.
Markets showed little direction this week. As measured by the Dow Jones Industrial Average, stocks were able to eke out a mere 1/10th% gain.
Markets showed little direction this week. As measured by the Dow Jones Industrial Average, stocks were able to eke out a mere 1/10th% gain.
Markets showed little direction this week. As measured by the Dow Jones Industrial Average, stocks were able to eke out a mere 1/10th% gain.
One of the most ludicrous aspects of our modern American society is the elementary solutions that our leaders present for our highly complex problems. Using the same old "answers" to contemporary issues.
One of the most ludicrous aspects of our modern American society is the elementary solutions that our leaders present for our highly complex problems. Using the same old "answers" to contemporary issues.
One of the most ludicrous aspects of our modern American society is the elementary solutions that our leaders present for our highly complex problems. Using the same old "answers" to contemporary issues.
One of the most ludicrous aspects of our modern American society is the elementary solutions that our leaders present for our highly complex problems. Using the same old "answers" to contemporary issues.
Bank corporate profits are the worst group in the country. Due, no doubt, to troubles related to higher interest rates.
Bank corporate profits are the worst group in the country. Due, no doubt, to troubles related to higher interest rates.
Bank corporate profits are the worst group in the country. Due, no doubt, to troubles related to higher interest rates.
Bank corporate profits are the worst group in the country. Due, no doubt, to troubles related to higher interest rates.
Today's the day we get the scorecard for the entire economy. It's the release of the second estimate of the Nation's GDP...
Today's the day we get the scorecard for the entire economy. It's the release of the second estimate of the Nation's GDP...
Today's the day we get the scorecard for the entire economy. It's the release of the second estimate of the Nation's GDP...
Today's the day we get the scorecard for the entire economy. It's the release of the second estimate of the Nation's GDP...
Have you done your Christmas shopping yet? It always takes me a while to start going up and down the shopping aisles.
Have you done your Christmas shopping yet? It always takes me a while to start going up and down the shopping aisles.
Have you done your Christmas shopping yet? It always takes me a while to start going up and down the shopping aisles.
Have you done your Christmas shopping yet? It always takes me a while to start going up and down the shopping aisles.
In the 1960 Presidential Campaign, John Kennedy proclaimed that the Soviet Union had more nuclear missiles than the United States. Today Russia has 2,000 more missiles. What would JFK think?
In the 1960 Presidential Campaign, John Kennedy proclaimed that the Soviet Union had more nuclear missiles than the United States. Today Russia has 2,000 more missiles. What would JFK think?
In the 1960 Presidential Campaign, John Kennedy proclaimed that the Soviet Union had more nuclear missiles than the United States. Today Russia has 2,000 more missiles. What would JFK think?
In the 1960 Presidential Campaign, John Kennedy proclaimed that the Soviet Union had more nuclear missiles than the United States. Today Russia has 2,000 more missiles. What would JFK think?
In the 1960 Presidential Campaign, John Kennedy proclaimed that the Soviet Union had more nuclear missiles than the United States. Today Russia has 2,000 more missiles. What would JFK think?
This year I am incredibly grateful for the Internet and all the people I've met traveling this high-tech highway.
This year I am incredibly grateful for the Internet and all the people I've met traveling this high-tech highway.
This year I am incredibly grateful for the Internet and all the people I've met traveling this high-tech highway.
This year I am incredibly grateful for the Internet and all the people I've met traveling this high-tech highway.
There were a dozen Fed Speeches this week, as the Fed tried to assure investors that "everything is under control." But the markets did not move.
There were a dozen Fed Speeches this week, as the Fed tried to assure investors that "everything is under control." But the markets did not move.
There were a dozen Fed Speeches this week, as the Fed tried to assure investors that "everything is under control." But the markets did not move.
There were a dozen Fed Speeches this week, as the Fed tried to assure investors that "everything is under control." But the markets did not move.
Target's Management had transformed the Company from a traditional vendor into a cultural advocate. No longer merely a store, Target became a "social reformer." With all that implies.
Target's Management had transformed the Company from a traditional vendor into a cultural advocate. No longer merely a store, Target became a "social reformer." With all that implies.
Target's Management had transformed the Company from a traditional vendor into a cultural advocate. No longer merely a store, Target became a "social reformer." With all that implies.
Target's Management had transformed the Company from a traditional vendor into a cultural advocate. No longer merely a store, Target became a "social reformer." With all that implies.
Most are familiar with the phrase "New World Order." It first came to my attention in the mid-1990s when then-President George H.W. Bush introduced is to the term...
Most are familiar with the phrase "New World Order." It first came to my attention in the mid-1990s when then-President George H.W. Bush introduced is to the term...
Most are familiar with the phrase "New World Order." It first came to my attention in the mid-1990s when then-President George H.W. Bush introduced is to the term...
Most are familiar with the phrase "New World Order." It first came to my attention in the mid-1990s when then-President George H.W. Bush introduced is to the term...
I see it in their eyes, downcast and wary. I see it in their steps, shuffling and tentative. When they talk, they use a word I rarely hear, depressed.
I see it in their eyes, downcast and wary. I see it in their steps, shuffling and tentative. When they talk, they use a word I rarely hear, depressed.
I see it in their eyes, downcast and wary. I see it in their steps, shuffling and tentative. When they talk, they use a word I rarely hear, depressed.
I see it in their eyes, downcast and wary. I see it in their steps, shuffling and tentative. When they talk, they use a word I rarely hear, depressed.
Life for the US Federal Reserve just go infinitely more complex. Major companies accross the country are freezing new hiring of laying off workers.
Life for the US Federal Reserve just go infinitely more complex. Major companies accross the country are freezing new hiring of laying off workers.
Life for the US Federal Reserve just go infinitely more complex. Major companies accross the country are freezing new hiring of laying off workers.
Life for the US Federal Reserve just go infinitely more complex. Major companies accross the country are freezing new hiring of laying off workers.
A remarrkable thing is happening today. They're still counting ballots. These are ballots from an election nearly a week ago.
A remarrkable thing is happening today. They're still counting ballots. These are ballots from an election nearly a week ago.
A remarrkable thing is happening today. They're still counting ballots. These are ballots from an election nearly a week ago.
A remarrkable thing is happening today. They're still counting ballots. These are ballots from an election nearly a week ago.
It was a remarkable week for the Stock Market. On Thursday great news on Inflation, down 1/2% for the month. While Tuesday brought the Mid-Term Elections, complete with a new House of Representatives, and possibly a Senate.
It was a remarkable week for the Stock Market. On Thursday great news on Inflation, down 1/2% for the month. While Tuesday brought the Mid-Term Elections, complete with a new House of Representatives, and possibly a Senate.
It was a remarkable week for the Stock Market. On Thursday great news on Inflation, down 1/2% for the month. While Tuesday brought the Mid-Term Elections, complete with a new House of Representatives, and possibly a Senate.
It was a remarkable week for the Stock Market. On Thursday great news on Inflation, down 1/2% for the month. While Tuesday brought the Mid-Term Elections, complete with a new House of Representatives, and possibly a Senate.
What is happening in the Crypto Markets is simply stunning. Bitcoin, the most widely traded of all the Crypto, has declined by an incredible 96% in just the last six months.
What is happening in the Crypto Markets is simply stunning. Bitcoin, the most widely traded of all the Crypto, has declined by an incredible 96% in just the last six months.
What is happening in the Crypto Markets is simply stunning. Bitcoin, the most widely traded of all the Crypto, has declined by an incredible 96% in just the last six months.
What is happening in the Crypto Markets is simply stunning. Bitcoin, the most widely traded of all the Crypto, has declined by an incredible 96% in just the last six months.
Nearly 62 years ago, a young Senator from Massachusetts, was sworn in as the Nation's 35th President. John F. Kennedy, challenged the nation to look at the Government in a new light.
Nearly 62 years ago, a young Senator from Massachusetts, was sworn in as the Nation's 35th President. John F. Kennedy, challenged the nation to look at the Government in a new light.
Nearly 62 years ago, a young Senator from Massachusetts, was sworn in as the Nation's 35th President. John F. Kennedy, challenged the nation to look at the Government in a new light.
Nearly 62 years ago, a young Senator from Massachusetts, was sworn in as the Nation's 35th President. John F. Kennedy, challenged the nation to look at the Government in a new light.
If you've noticed, most incumbents rarely mention the economy. They'll gladly talk to you about anything else, from climate change to health insurance...And that should tell you all you need to know about current monetary conditions.
If you've noticed, most incumbents rarely mention the economy. They'll gladly talk to you about anything else, from climate change to health insurance...And that should tell you all you need to know about current monetary conditions.
If you've noticed, most incumbents rarely mention the economy. They'll gladly talk to you about anything else, from climate change to health insurance...And that should tell you all you need to know about current monetary conditions.
If you've noticed, most incumbents rarely mention the economy. They'll gladly talk to you about anything else, from climate change to health insurance...And that should tell you all you need to know about current monetary conditions.
Sometimes, the world seems so strange that it's hard to imagine what is really happening...
Sometimes, the world seems so strange that it's hard to imagine what is really happening...
Sometimes, the world seems so strange that it's hard to imagine what is really happening...
Sometimes, the world seems so strange that it's hard to imagine what is really happening...
Fed Chairman Jerome Powell took to the podium to tell the world that this tightening phase may be here for a while...
Fed Chairman Jerome Powell took to the podium to tell the world that this tightening phase may be here for a while...
Fed Chairman Jerome Powell took to the podium to tell the world that this tightening phase may be here for a while...
Fed Chairman Jerome Powell took to the podium to tell the world that this tightening phase may be here for a while...
While it may not be intentional, vaccine maker Moderna provides us with the most accurate measure of the Covid-19 Pandemic.
While it may not be intentional, vaccine maker Moderna provides us with the most accurate measure of the Covid-19 Pandemic.
While it may not be intentional, vaccine maker Moderna provides us with the most accurate measure of the Covid-19 Pandemic.
While it may not be intentional, vaccine maker Moderna provides us with the most accurate measure of the Covid-19 Pandemic.
"It's premature to think about pausing interest rate hikes."
Jerome Powell, Chairman of the Fed. 11.02.2022
"It's premature to think about pausing interest rate hikes."
Jerome Powell, Chairman of the Fed. 11.02.2022
"It's premature to think about pausing interest rate hikes."
Jerome Powell, Chairman of the Fed. 11.02.2022
"It's premature to think about pausing interest rate hikes."
Jerome Powell, Chairman of the Fed. 11.02.2022
This President and the current Administration is the most provocative in our history. Look at the current military deployments...
This President and the current Administration is the most provocative in our history. Look at the current military deployments...
This President and the current Administration is the most provocative in our history. Look at the current military deployments...
This President and the current Administration is the most provocative in our history. Look at the current military deployments...
It's shaping up to be a terrible couple of weeks for Speaker of the House of Representatives, Nancy Pelosi.
It's shaping up to be a terrible couple of weeks for Speaker of the House of Representatives, Nancy Pelosi.
It's shaping up to be a terrible couple of weeks for Speaker of the House of Representatives, Nancy Pelosi.
It's shaping up to be a terrible couple of weeks for Speaker of the House of Representatives, Nancy Pelosi.
Today many Americans are facing an issue their parents and grandparents never dreamed of: how to heat their homes this Winter.
Today many Americans are facing an issue their parents and grandparents never dreamed of: how to heat their homes this Winter.
Today many Americans are facing an issue their parents and grandparents never dreamed of: how to heat their homes this Winter.
Today many Americans are facing an issue their parents and grandparents never dreamed of: how to heat their homes this Winter.
It's been an excellent month for equities, with the Dow Jones Industrial Average up four weeks in a row, with a gain of over 14%. We may have to dust off the record book for this one.
It's been an excellent month for equities, with the Dow Jones Industrial Average up four weeks in a row, with a gain of over 14%. We may have to dust off the record book for this one.
It's been an excellent month for equities, with the Dow Jones Industrial Average up four weeks in a row, with a gain of over 14%. We may have to dust off the record book for this one.
It's been an excellent month for equities, with the Dow Jones Industrial Average up four weeks in a row, with a gain of over 14%. We may have to dust off the record book for this one.
November of 1948 was the almost perfect analogy to today. Like today, the country was slipping into Recession...The essential management role of the government was failing...
November of 1948 was the almost perfect analogy to today. Like today, the country was slipping into Recession...The essential management role of the government was failing...
November of 1948 was the almost perfect analogy to today. Like today, the country was slipping into Recession...The essential management role of the government was failing...
The deployment of the Army's 101st Airborne division represents a watershed moment in a conflict the US is not currently engaged in, the Russian-Ukraine War.
The deployment of the Army's 101st Airborne division represents a watershed moment in a conflict the US is not currently engaged in, the Russian-Ukraine War.
The deployment of the Army's 101st Airborne division represents a watershed moment in a conflict the US is not currently engaged in, the Russian-Ukraine War.
The deployment of the Army's 101st Airborne division represents a watershed moment in a conflict the US is not currently engaged in, the Russian-Ukraine War.
They are the heart and soul of this stock market. Even after collectively loosing $3 Trillion this year. These five companies are Microsoft, Alphabet, Apple Computer, Amazon, and Meta Platform.
They are the heart and soul of this stock market. Even after collectively loosing $3 Trillion this year. These five companies are Microsoft, Alphabet, Apple Computer, Amazon, and Meta Platform.
They are the heart and soul of this stock market. Even after collectively loosing $3 Trillion this year. These five companies are Microsoft, Alphabet, Apple Computer, Amazon, and Meta Platform.
They are the heart and soul of this stock market. Even after collectively loosing $3 Trillion this year. These five companies are Microsoft, Alphabet, Apple Computer, Amazon, and Meta Platform.
...there is a fundamental principal at work here. There are a series of incentives and disincentives at work here, and most of these are purely political. We assume that we are living in a free market. The reality is that, increasingly, we line in an economic world created in Washington.
...there is a fundamental principal at work here. There are a series of incentives and disincentives at work here, and most of these are purely political. We assume that we are living in a free market. The reality is that, increasingly, we line in an economic world created in Washington.
...there is a fundamental principal at work here. There are a series of incentives and disincentives at work here, and most of these are purely political. We assume that we are living in a free market. The reality is that, increasingly, we line in an economic world created in Washington.
...there is a fundamental principal at work here. There are a series of incentives and disincentives at work here, and most of these are purely political. We assume that we are living in a free market. The reality is that, increasingly, we line in an economic world created in Washington.
Over-steering is when the driver veers first one way, then overcompensates the other way, jerking the passengers from one side to the other. Over-steering is precisely how today's Federal Reserve Board is guiding monetary policy.
Over-steering is when the driver veers first one way, then overcompensates the other way, jerking the passengers from one side to the other. Over-steering is precisely how today's Federal Reserve Board is guiding monetary policy.
Over-steering is when the driver veers first one way, then overcompensates the other way, jerking the passengers from one side to the other. Over-steering is precisely how today's Federal Reserve Board is guiding monetary policy.
Over-steering is when the driver veers first one way, then overcompensates the other way, jerking the passengers from one side to the other. Over-steering is precisely how today's Federal Reserve Board is guiding monetary policy.
Pundits and scholars agree that we live in a time when Globalism is becoming increasingly unpopular. The election of Donald Trump and, more recently, of Georgia Meloni in Italy are witness to the fact that many voters worldwide choose to put their own country's interests over that of a Global hegemony.
Pundits and scholars agree that we live in a time when Globalism is becoming increasingly unpopular. The election of Donald Trump and, more recently, of Georgia Meloni in Italy are witness to the fact that many voters worldwide choose to put their own country's interests over that of a Global hegemony.
Pundits and scholars agree that we live in a time when Globalism is becoming increasingly unpopular. The election of Donald Trump and, more recently, of Georgia Meloni in Italy are witness to the fact that many voters worldwide choose to put their own country's interests over that of a Global hegemony.
Pundits and scholars agree that we live in a time when Globalism is becoming increasingly unpopular. The election of Donald Trump and, more recently, of Georgia Meloni in Italy are witness to the fact that many voters worldwide choose to put their own country's interests over that of a Global hegemony.
Those of us who hoped to see a resolution to the terrorist attack on the Nordstream Pipelines had our hopes dashed when Sweden decided to back out of the investigation this week. It was a strange development.
Those of us who hoped to see a resolution to the terrorist attack on the Nordstream Pipelines had our hopes dashed when Sweden decided to back out of the investigation this week. It was a strange development.
Those of us who hoped to see a resolution to the terrorist attack on the Nordstream Pipelines had our hopes dashed when Sweden decided to back out of the investigation this week. It was a strange development.
Those of us who hoped to see a resolution to the terrorist attack on the Nordstream Pipelines had our hopes dashed when Sweden decided to back out of the investigation this week. It was a strange development.
Each quarter the nation's four most prominent and influential banks report their results. Theses banks are the country's largest: JP Morgan Chase, Wells Fargo, Citibank, and Bank of America.
Each quarter the nation's four most prominent and influential banks report their results. Theses banks are the country's largest: JP Morgan Chase, Wells Fargo, Citibank, and Bank of America.
It's the changing of the seasons, a quickening in American business as everyone prepares for the end of the year.It's also a time of extreme market volatility...
It's the changing of the seasons, a quickening in American business as everyone prepares for the end of the year.It's also a time of extreme market volatility...
It's the changing of the seasons, a quickening in American business as everyone prepares for the end of the year.It's also a time of extreme market volatility...
It's the changing of the seasons, a quickening in American business as everyone prepares for the end of the year.It's also a time of extreme market volatility...
It's the changing of the seasons, a quickening in American business as everyone prepares for the end of the year.It's also a time of extreme market volatility...
It's the changing of the seasons, a quickening in American business as everyone prepares for the end of the year.It's also a time of extreme market volatility...
Covid-19, Omnicron, Monkeypox is it possible that we're headed for another lock-down? How will President Biden react?
Covid-19, Omnicron, Monkeypox is it possible that we're headed for another lock-down? How will President Biden react?
Covid-19, Omnicron, Monkeypox is it possible that we're headed for another lock-down? How will President Biden react?
Covid-19, Omnicron, Monkeypox is it possible that we're headed for another lock-down? How will President Biden react?
In a tough year for the Stock Market, there is one group that has had a stellar year: the Oil Companies...
In a tough year for the Stock Market, there is one group that has had a stellar year: the Oil Companies...
In a tough year for the Stock Market, there is one group that has had a stellar year: the Oil Companies...
In a tough year for the Stock Market, there is one group that has had a stellar year: the Oil Companies...
The key to understanding where this country is financially is in four digits: 4, 16, 20.
The key to understanding where this country is financially is in four digits: 4, 16, 20.
The key to understanding where this country is financially is in four digits: 4, 16, 20.
The key to understanding where this country is financially is in four digits: 4, 16, 20.
The recent raid on Former President Donald Trump's Florida home, Mar A Lago, was our final introduction to the new America. A place I call the "Peoples Republic of America."
The recent raid on Former President Donald Trump's Florida home, Mar A Lago, was our final introduction to the new America. A place I call the "Peoples Republic of America."
The recent raid on Former President Donald Trump's Florida home, Mar A Lago, was our final introduction to the new America. A place I call the "Peoples Republic of America."
The recent raid on Former President Donald Trump's Florida home, Mar A Lago, was our final introduction to the new America. A place I call the "Peoples Republic of America."
On Friday Chairman of the Federal Reserve Jerome Powell addressed the nation. It was the day after Joe Biden created one of the most inflationary "gifts" ever, the student loan forgiveness...
On Friday Chairman of the Federal Reserve Jerome Powell addressed the nation. It was the day after Joe Biden created one of the most inflationary "gifts" ever, the student loan forgiveness...
On Friday Chairman of the Federal Reserve Jerome Powell addressed the nation. It was the day after Joe Biden created one of the most inflationary "gifts" ever, the student loan forgiveness...
On Friday Chairman of the Federal Reserve Jerome Powell addressed the nation. It was the day after Joe Biden created one of the most inflationary "gifts" ever, the student loan forgiveness...
Yesterday we saw the performance of a man at the end of his rope. Chairman of the Federal Reserve, Jerome Powell delivered a brief message that barely touched the bases...
Yesterday we saw the performance of a man at the end of his rope. Chairman of the Federal Reserve, Jerome Powell delivered a brief message that barely touched the bases...
Yesterday we saw the performance of a man at the end of his rope. Chairman of the Federal Reserve, Jerome Powell delivered a brief message that barely touched the bases...
Yesterday we saw the performance of a man at the end of his rope. Chairman of the Federal Reserve, Jerome Powell delivered a brief message that barely touched the bases...
At 10 o'clock this morning, every terminal and smart phone on Wall Street will tune into the address by the Chairman of the Federal Reserve, Jerome Powell...
At 10 o'clock this morning, every terminal and smart phone on Wall Street will tune into the address by the Chairman of the Federal Reserve, Jerome Powell...
At 10 o'clock this morning, every terminal and smart phone on Wall Street will tune into the address by the Chairman of the Federal Reserve, Jerome Powell...
At 10 o'clock this morning, every terminal and smart phone on Wall Street will tune into the address by the Chairman of the Federal Reserve, Jerome Powell...
What if I told you that Social Media does not audit their most important numbers? Numbers that determine the company's share price
What if I told you that Social Media does not audit their most important numbers? Numbers that determine the company's share price
What if I told you that Social Media does not audit their most important numbers? Numbers that determine the company's share price
What if I told you that Social Media does not audit their most important numbers? Numbers that determine the price of the companies shares.
On Friday, Chairman of the Federal Reserve, Jerome Powell, will address the Jackson Hole Conference, and the nation. as we see more and more this may be a carefully orchestrated effort by Washington to project and image...
On Friday, Chairman of the Federal Reserve, Jerome Powell, will address the Jackson Hole Conference, and the nation. as we see more and more this may be a carefully orchestrated effort by Washington to project and image...
On Friday, Chairman of the Federal Reserve, Jerome Powell, will address the Jackson Hole Conference, and the nation. as we see more and more this may be a carefully orchestrated effort by Washington to project and image...
On Friday, Chairman of the Federal Reserve, Jerome Powell, will address the Jackson Hole Conference, and the nation. as we see more and more this may be a carefully orchestrated effort by Washington to project and image...
This Administration's hard line against oil and gas is about to come to a crescendo, just in time for the coldest part of the year, winter.
This Administration's hard line against oil and gas is about to come to a crescendo, just in time for the coldest part of the year, winter.
This Administration's hard line against oil and gas is about to come to a crescendo, just in time for the coldest part of the year, winter.
This Administration's hard line against oil and gas is about to come to a crescendo, just in time for the coldest part of the year, winter.
This week the Federal Reserve meets in Jackson Hole, Wyoming. It's their annual get-together with business and political leaders, to discuss the Fed's next move in monetary policy...
This week the Federal Reserve meets in Jackson Hole, Wyoming. It's their annual get-together with business and political leaders, to discuss the Fed's next move in monetary policy...
This week the Federal Reserve meets in Jackson Hole, Wyoming. It's their annual get-together with business and political leaders, to discuss the Fed's next move in monetary policy...
This week the Federal Reserve meets in Jackson Hole, Wyoming. It's their annual get-together with business and political leaders, to discuss the Fed's next move in monetary policy...
Wall Street turns cautious, just as the Fed becomes more of an interest rate hawk. It's the Fed vs. the Street...
Wall Street turns cautious, just as the Fed becomes more of an interest rate hawk. It's the Fed vs. the Street...
Wall Street turns cautious, just as the Fed becomes more of an interest rate hawk. It's the Fed vs. the Street...
Wall Street turns cautious, just as the Fed becomes more of an interest rate hawk. It's the Fed vs. the Street...
For those who have spent our career in sales, what's happening in retail, has a very familiar ring...
For those who have spent our career in sales, what's happening in retail, has a very familiar ring...
For those who have spent our career in sales, what's happening in retail, has a very familiar ring...
For those who have spent our career in sales, what's happening in retail, has a very familiar ring...
Joe Biden promises that the Inflation Reduction Act will accomplish four remarkable feats. But upon closer examination, I think you'll agree that those accomplishments are far less than advertised.
Joe Biden promises that the Inflation Reduction Act will accomplish four remarkable feats. But upon closer examination, I think you'll agree that those accomplishments are far less than advertised.
Joe Biden promises that the Inflation Reduction Act will accomplish four remarkable feats. But upon closer examination, I think you'll agree that those accomplishments are far less than advertised.
Joe Biden promises that the Inflation Reduction Act will accomplish four remarkable feats. But upon closer examination, I think you'll agree that those accomplishments are far less than advertised.
For most of us, purchasing our home is the largest single financial transaction we will ever make. It is also a tremendous obligation...
For most of us, purchasing our home is the largest single financial transaction we will ever make. It is also a tremendous obligation...
For most of us, purchasing our home is the largest single financial transaction we will ever make. It is also a tremendous obligation...
For most of us, purchasing our home is the largest single financial transaction we will ever make. It is also a tremendous obligations...
It's time for the seasons to change. But even the most seasoned "Yankee" had to be caught off guard by the information that came across our desk yesterday. It was called the "Empire State Manufacturing Survey," and to say it was shocking is an understatement...
It's time for the seasons to change. But even the most seasoned "Yankee" had to be caught off guard by the information that came across our desk yesterday. It was called the "Empire State Manufacturing Survey," and to say it was shocking is an understatement...
It's time for the seasons to change. But even the most seasoned "Yankee" had to be caught off guard by the information that came across our desk yesterday. It was called the "Empire State Manufacturing Survey," and to say it was shocking is an understatement...
It's time for the seasons to change. But even the most seasoned "Yankee" had to be caught off guard by the information that came across our desk yesterday. It was called the "Empire State Manufacturing Survey," and to say it was shocking is an understatement...
Just how harmful was the Covid-19 Pandemic, and it's subsequent lock-down? I don't think we know, even today...
Just how harmful was the Covid-19 Pandemic, and it's subsequent lock-down? I don't think we know, even today...
Just how harmful was the Covid-19 Pandemic, and it's subsequent lock-down? I don't think we know, even today...
Just how harmful was the Covid-19 Pandemic, and it's subsequent lock-down? I don't think we know, even today...
We began the week with the news that some uninvited guests were seen rummaging through the Mar A Lago Estate, owned by a certain former President...
Join me as we take a look back at the week just past.
We began the week with the news that some uninvited guests were seen rummaging through the Mar A Lago Estate, owned by a certain former President...
Join me as we take a look back at the week just past.
We began the week with the news that some uninvited guests were seen rummaging through the Mar A Lago Estate, owned by a certain former President...
Join me as we take a look back at the week just past.
We began the week with the news that some uninvited guests were seen rummaging through the Mar A Lago Estate, owned by a certain former President...
Join me as we take a look back at the week just past.
A most extraordinary thing happened Monday evening. It was so remarkable that when I read the headlines late that night, I thought they could not possibly be true.
A most extraordinary thing happened Monday evening. It was so remarkable that when I read the headlines late that night, I thought they could not possibly be true.
A most extraordinary thing happened Monday evening. It was so remarkable that when I read the headlines late that night, I thought they could not possibly be true.
A most extraordinary thing happened Monday evening. It was so remarkable that when I read the headlines late that night, I thought they could not possibly be true.
Nvidia is the quintessential 21st Century Corporation. Especially in the way it manages its finances.
Nvidia is the quintessential 21st Century Corporation. Especially in the way it manages its finances.
Nvidia is the quintessential 21st Century Corporation. Especially in the way it manages its finances.
Nvidia is the quintessential 21st Century Corporation. Especially in the way it manages its finances.
America is the most woefully imbalanced economy in the world. Each month we must import billions just to function...
America is the most woefully imbalanced economy in the world. Each month we must import billions just to function...
America is the most woefully imbalanced economy in the world. Each month we must import billions just to function...
America is the most woefully imbalanced economy in the world. Each month we must import billions just to function...
Last week, Nancy Pelosi, the Speaker of the US House of Representatives behaved in the most reckless, irrational manner.
Last week, Nancy Pelosi, the Speaker of the US House of Representatives behaved in the most reckless, irrational manner.
Last week, Nancy Pelosi, the Speaker of the US House of Representatives behaved in the most reckless, irrational manner.
Last week, Nancy Pelosi, the Speaker of the US House of Representatives behaved in the most reckless, irrational manner.
The Unemployment Rate will be announced in a few minutes. Here we look at the impact Covid-19 has had on unemployment and other measures of the Labor Economy.
The Unemployment Rate will be announced in a few minutes. Here we look at the impact Covid-19 has had on unemployment and other measures of the Labor Economy.
The Unemployment Rate will be announced in a few minutes. Here we look at the impact Covid-19 has had on unemployment and other measures of the Labor Economy.
The Unemployment Rate will be announced in a few minutes. Here we look at the impact Covid-19 has had on unemployment and other measures of the Labor Economy.
Moderna is one of the three principal Covid 19 Vaccine makers in this country. Yesterday they reported their latest earnings. Here's my review.
Moderna is one of the three principal Covid 19 Vaccine makers in this country. Yesterday they reported their latest earnings. Here's my review.
Moderna is one of the three principal Covid 19 Vaccine makers in this country. Yesterday they reported their latest earnings. Here's my review.
Moderna is one of the three principal Covid 19 Vaccine makers in this country. Yesterday they reported their latest earnings. Here's my review.
I think the answer to today's puzzle is that we don't have traditional monetary inflation. I believe we have a carefully crafted, cleverly executed attack on our free market system.
I think the answer to today's puzzle is that we don't have traditional monetary inflation. I believe we have a carefully crafted, cleverly executed attack on our free market system.
I think the answer to today's puzzle is that we don't have traditional monetary inflation. I believe we have a carefully crafted, cleverly executed attack on our free market system.
I think the answer to today's puzzle is that we don't have traditional monetary inflation. I believe we have a carefully crafted, cleverly executed attack on our free market system.
This week seemed to have it all, from interest rates to GDP. Just what is the "meaning" of recession?
This week seemed to have it all, from interest rates to GDP. Just what is the "meaning" of recession?
This week seemed to have it all, from interest rates to GDP. Just what is the "meaning" of recession?
This week seemed to have it all, from interest rates to GDP. Just what is the "meaning" of recession?
Yesterday it was announced that the nation's GDP fell by 0.9%. It was the second quarter in a row that we've had negative economic growth. A sure sign of recession. Yet all the nation's leaders deny that we're in a recession. Why?
Yesterday it was announced that the nation's GDP fell by 0.9%. It was the second quarter in a row that we've had negative economic growth. A sure sign of recession. Yet all the nation's leaders deny that we're in a recession. Why?
Yesterday it was announced that the nation's GDP fell by 0.9%. It was the second quarter in a row that we've had negative economic growth. A sure sign of recession. Yet all the nation's leaders deny that we're in a recession. Why?
Yesterday it was announced that the nation's GDP fell by 0.9%. It was the second quarter in a row that we've had negative economic growth. A sure sign of recession. Yet all the nation's leaders deny that we're in a recession. Why?
Today we get the release of the Nation's Second Quarter GDP. Will it be strong or weak? That's the question.
Today we get the release of the Nation's Second Quarter GDP. Will it be strong or weak? That's the question.
Today we get the release of the Nation's Second Quarter GDP. Will it be strong or weak? That's the question.
Today we get the release of the Nation's Second Quarter GDP. Will it be strong or weak? That's the question.
Just over four moths ago, the Fed began a new course of raising interest rates. How's that working out?
Just over four moths ago, the Fed began a new course of raising interest rates. How's that working out?
Just over four moths ago, the Fed began a new course of raising interest rates. How's that working out?
Just over four moths ago, the Fed began a new course of raising interest rates. How's that working out?
In the most highly anticipated event of the week, tomorrow the Fed will announce its new interest rate policy.
All to fight inflation. But what if inflation is the policy?
In the most highly anticipated event of the week, tomorrow the Fed will announce its new interest rate policy.
All to fight inflation. But what if inflation is the policy?
In the most highly anticipated event of the week, tomorrow the Fed will announce its new interest rate policy.
All to fight inflation. But what if inflation is the policy?
In the most highly anticipated event of the week, tomorrow the Fed will announce its new interest rate policy.
All to fight inflation. But what if inflation is the policy?
This week Wall Street will have two of the most significant events of the financial year.
This week Wall Street will have two of the most significant events of the financial year.
This week Wall Street will have two of the most significant events of the financial year.
This week Wall Street will have two of the most significant events of the financial year.
It was a lackluster week in the markets—just the sort of thing you'd expect in the middle of summer. Stocks managed to hold on to slight gains, as all significant averages finished slightly higher on the week.
But it was the underlying Macro Data that caught everyone's attention.
It was a lackluster week in the markets—just the sort of thing you'd expect in the middle of summer. Stocks managed to hold on to slight gains, as all significant averages finished slightly higher on the week.
But it was the underlying Macro Data that caught everyone's attention.
It was a lackluster week in the markets—just the sort of thing you'd expect in the middle of summer. Stocks managed to hold on to slight gains, as all significant averages finished slightly higher on the week.
But it was the underlying Macro Data that caught everyone's attention.
It was a lackluster week in the markets—just the sort of thing you'd expect in the middle of summer. Stocks managed to hold on to slight gains, as all significant averages finished slightly higher on the week.
But it was the underlying Macro Data that caught everyone's attention.
We are seeing just such a "bad faith" negotiation currently on the world stage. It is the back and forth dialog between the leaders of Western Europe and Vladimir Putin, President of Russia.
We are seeing just such a "bad faith" negotiation currently on the world stage. It is the back and forth dialog between the leaders of Western Europe and Vladimir Putin, President of Russia.
We are seeing just such a "bad faith" negotiation currently on the world stage. It is the back and forth dialog between the leaders of Western Europe and Vladimir Putin, President of Russia.
We are seeing just such a "bad faith" negotiation currently on the world stage. It is the back and forth dialog between the leaders of Western Europe and Vladimir Putin, President of Russia.
We are seeing just such a "bad faith" negotiation currently on the world stage. It is the back and forth dialog between the leaders of Western Europe and Vladimir Putin, President of Russia.
I find that in analyzing the Biden energy policies, this Administration confuses the evident and immediate energy crisis that the country is currently enduring. With a supposed "Climate Crisis” that may or may not occur sometime in the future.
I find that in analyzing the Biden energy policies, this Administration confuses the evident and immediate energy crisis that the country is currently enduring. With a supposed "Climate Crisis” that may or may not occur sometime in the future.
I find that in analyzing the Biden energy policies, this Administration confuses the evident and immediate energy crisis that the country is currently enduring. With a supposed "Climate Crisis” that may or may not occur sometime in the future.
I find that in analyzing the Biden energy policies, this Administration confuses the evident and immediate energy crisis that the country is currently enduring. With a supposed "Climate Crisis” that may or may not occur sometime in the future.
In 81 years, we've traveled from the Kinetic War of Nazis and Bolsheviks to the Economic War of today's Germans and Russians. In the Summer of 2022, Germany boycotts the Nord Stream 1 and 2 Agreements dating back to 2011. Thus the conflict between these two principal European Powers is brought forward.
In 81 years, we've traveled from the Kinetic War of Nazis and Bolsheviks to the Economic War of today's Germans and Russians. In the Summer of 2022, Germany boycotts the Nord Stream 1 and 2 Agreements dating back to 2011. Thus the conflict between these two principal European Powers is brought forward.
In 81 years, we've traveled from the Kinetic War of Nazis and Bolsheviks to the Economic War of today's Germans and Russians. In the Summer of 2022, Germany boycotts the Nord Stream 1 and 2 Agreements dating back to 2011. Thus the conflict between these two principal European Powers is brought forward.
In 81 years, we've traveled from the Kinetic War of Nazis and Bolsheviks to the Economic War of today's Germans and Russians. In the Summer of 2022, Germany boycotts the Nord Stream 1 and 2 Agreements dating back to 2011. Thus the conflict between these two principal European Powers is brought forward.
Nine Presidents have occupied the White House since that famous photograph of then-President Richard Nixon and Chinese Premier Zhou Enlai toasting each other. It was the winter of 1972, and the two leaders had just concluded the agreements that would open China's markets to the world and complete the great American vision of a "Global Community."
Nine Presidents have occupied the White House since that famous photograph of then-President Richard Nixon and Chinese Premier Zhou Enlai toasting each other. It was the winter of 1972, and the two leaders had just concluded the agreements that would open China's markets to the world and complete the great American vision of a "Global Community."
Nine Presidents have occupied the White House since that famous photograph of then-President Richard Nixon and Chinese Premier Zhou Enlai toasting each other. It was the winter of 1972, and the two leaders had just concluded the agreements that would open China's markets to the world and complete the great American vision of a "Global Community."
Nine Presidents have occupied the White House since that famous photograph of then-President Richard Nixon and Chinese Premier Zhou Enlai toasting each other. It was the winter of 1972, and the two leaders had just concluded the agreements that would open China's markets to the world and complete the great American vision of a "Global Community."
As St. Paul observed, some things get everywhere. And influence everything they contact. As any baker knows, it just takes a little yeast (leaven) to cause an entire loaf of bread to rise.
As St. Paul observed, some things get everywhere. And influence everything they contact. As any baker knows, it just takes a little yeast (leaven) to cause an entire loaf of bread to rise.
As St. Paul observed, some things get everywhere. And influence everything they contact. As any baker knows, it just takes a little yeast (leaven) to cause an entire loaf of bread to rise.
As St. Paul observed, some things get everywhere. And influence everything they contact. As any baker knows, it just takes a little yeast (leaven) to cause an entire loaf of bread to rise.
Friday had 5 of the country's major banks report earnings: Citigroup, Wells Fargo, US Bankcorp, PNC Financial, and State Street, along with two financial services companies: Black Rock and Progressive Insurance.
Friday had 5 of the country's major banks report earnings: Citigroup, Wells Fargo, US Bankcorp, PNC Financial, and State Street, along with two financial services companies: Black Rock and Progressive Insurance.
Friday had 5 of the country's major banks report earnings: Citigroup, Wells Fargo, US Bankcorp, PNC Financial, and State Street, along with two financial services companies: Black Rock and Progressive Insurance.
Friday had 5 of the country's major banks report earnings: Citigroup, Wells Fargo, US Bankcorp, PNC Financial, and State Street, along with two financial services companies: Black Rock and Progressive Insurance.
As one pundit put it, Americans have become used to free money. And it is true. Since the Great Financial Crisis of 2008, it has been the policy of the Federal Reserve to maintain near-zero interest rates. Free money, if you will. So why not borrow as much as you can? That at least seems to be the mantra of many.
As one pundit put it, Americans have become used to free money. And it is true. Since the Great Financial Crisis of 2008, it has been the policy of the Federal Reserve to maintain near-zero interest rates. Free money, if you will. So why not borrow as much as you can? That at least seems to be the mantra of many.
As one pundit put it, Americans have become used to free money. And it is true. Since the Great Financial Crisis of 2008, it has been the policy of the Federal Reserve to maintain near-zero interest rates. Free money, if you will. So why not borrow as much as you can? That at least seems to be the mantra of many.
As one pundit put it, Americans have become used to free money. And it is true. Since the Great Financial Crisis of 2008, it has been the policy of the Federal Reserve to maintain near-zero interest rates. Free money, if you will. So why not borrow as much as you can? That at least seems to be the mantra of many.
The Consumer Price Index flashed across our screens in big red letters. Like a gunshot in a crowd. The Dow Jones Industrial Average fainted. It was falling nearly 300 points in less than an hour before finally gaining its composure.
The Consumer Price Index flashed across our screens in big red letters. Like a gunshot in a crowd. The Dow Jones Industrial Average fainted. It was falling nearly 300 points in less than an hour before finally gaining its composure.
The Consumer Price Index flashed across our screens in big red letters. Like a gunshot in a crowd. The Dow Jones Industrial Average fainted. It was falling nearly 300 points in less than an hour before finally gaining its composure.
The Consumer Price Index flashed across our screens in big red letters. Like a gunshot in a crowd. The Dow Jones Industrial Average fainted. It was falling nearly 300 points in less than an hour before finally gaining its composure.
It's not that this was unexpected. All of Wall Street predicted that the CPI would take a big jump. But the surprise was that Inflation came in above 9%, a level that almost none of the analysts thought likely.
As such, compliance officers find themselves dealing with cons. Customers whose objective is to "rip off" the broker. I quickly learned that there are specific patterns under which these cons operate.
As such, compliance officers find themselves dealing with cons. Customers whose objective is to "rip off" the broker. I quickly learned that there are specific patterns under which these cons operate.
As such, compliance officers find themselves dealing with cons. Customers whose objective is to "rip off" the broker. I quickly learned that there are specific patterns under which these cons operate.
As such, compliance officers find themselves dealing with cons. Customers whose objective is to "rip off" the broker. I quickly learned that there are specific patterns under which these cons operate.
As such, compliance officers find themselves dealing with cons. Customers whose objective is to "rip off" the broker. I quickly learned that there are specific patterns under which these cons operate.
It's all right here on the Internet. Not only can I find those items that the maker of the product has. I can also find reviews and instructions supplied by fellow shoppers like me.
The Internet has become my number-one "go-to place" to learn about new tips and techniques.
It's all right here on the Internet. Not only can I find those items that the maker of the product has. I can also find reviews and instructions supplied by fellow shoppers like me.
The Internet has become my number-one "go-to place" to learn about new tips and techniques.
It's all right here on the Internet. Not only can I find those items that the maker of the product has. I can also find reviews and instructions supplied by fellow shoppers like me.
The Internet has become my number-one "go-to place" to learn about new tips and techniques.
It's all right here on the Internet. Not only can I find those items that the maker of the product has. I can also find reviews and instructions supplied by fellow shoppers like me.
The Internet has become my number-one "go-to place" to learn about new tips and techniques.
Today we are in the middle of the financial double play. This double play will undoubtedly guide the course of the economy over the next year.
Today we are in the middle of the financial double play. This double play will undoubtedly guide the course of the economy over the next year.
Today we are in the middle of the financial double play. This double play will undoubtedly guide the course of the economy over the next year.
Today we are in the middle of the financial double play. This double play will undoubtedly guide the course of the economy over the next year.
It was a good week for stocks, as all three indexes closed the week with gains.
The Dow Jones Industrial Average was up fractionally this week, the S&P 500 up 2% and leading the way, the battered but breathing NASDAQ was up 5% this week, showing that tech stocks, in particular, are back.
It was a good week for stocks, as all three indexes closed the week with gains.
The Dow Jones Industrial Average was up fractionally this week, the S&P 500 up 2% and leading the way, the battered but breathing NASDAQ was up 5% this week, showing that tech stocks, in particular, are back.
It was a good week for stocks, as all three indexes closed the week with gains.
The Dow Jones Industrial Average was up fractionally this week, the S&P 500 up 2% and leading the way, the battered but breathing NASDAQ was up 5% this week, showing that tech stocks, in particular, are back.
It was a good week for stocks, as all three indexes closed out the week with gains. The Dow Jones Industrial Average was up fractionally this week, the S&P 500 up 2% and leading the way, the battered but breathing NASDAQ was up 5% this week, showing that tech stocks in particular are back.
Today inflation is our country's top financial problem. Recent surveys have pointed to the high price of gas and food as the two issues Americans are most concerned about.
Today inflation is our country's top financial problem. Recent surveys have pointed to the high price of gas and food as the two issues Americans are most concerned about.
Today inflation is our country's top financial problem. Recent surveys have pointed to the high price of gas and food as the two issues Americans are most concerned about.
Today inflation is our country's top financial problem. Recent surveys have pointed to the high price of gas and food as the two issues Americans are most concerned about.
Its been over two years since the Pandemic began. During that dreadful second quarter, government officials required that "non-essential" businesses close their doors.
The impact of this draconian action was swift and devastating. The economy went into free fall. It was declining at the fastest rate in history.
Its been over two years since the Pandemic began. During that dreadful second quarter, government officials required that "non-essential" businesses close their doors.
The impact of this draconian action was swift and devastating. The economy went into free fall. It was declining at the fastest rate in history.
Its been over two years since the Pandemic began. During that dreadful second quarter, government officials required that "non-essential" businesses close their doors.
The impact of this draconian action was swift and devastating. The economy went into free fall. It was declining at the fastest rate in history.
Its been over two years since the Pandemic began. During that dreadful second quarter, government officials required that "non-essential" businesses close their doors. The impact of this draconian action was swift and devastating. The economy went into free fall.
It's the question I'm most often asked: "how will we know when a Recession begins?" Times are tough for many. Everyone can feel that this economy is struggling.
The one-two punch of rising prices and uncertain salaries puts everyone under the gun. We have reached the highest level of financial anxiety since the 1970s.
It's the question I'm most often asked: "how will we know when a Recession begins?" Times are tough for many. Everyone can feel that this economy is struggling.
The one-two punch of rising prices and uncertain salaries puts everyone under the gun. We have reached the highest level of financial anxiety since the 1970s.
It's the question I'm most often asked: "how will we know when a Recession begins?" Times are tough for many. Everyone can feel that this economy is struggling. The one-two punch of rising prices and uncertain salaries puts everyone under the gun. We have reached the highest level of financial anxiety since the 1970s.
It's the question I'm most often asked: "how will we know when a Recession begins?" Times are tough for many.
Throughout our financial history, the United States has operated under many currencies.
Each currency reflected the different economic conditions of the country.
Our first currency was the Continental.
Throughout our financial history, the United States has operated under many currencies.
Each currency reflected the different economic status of the country.
Our first currency was the Continental.
Throughout our financial history, the United States has operated under many currencies.
Each currency reflected the different economic status of the country.
Our first currency was the Continental.
Throughout our financial history, the United States has operated under many currencies. Each currency reflected the different economic status of the country.
Our first currency was the Continental.
Have you looked at the results for The Third Quarter? Equities, Bonds, Cryptos all up. It's just like old times, When every day we saw market gains, as all our worries were left behind.
Oh, sure the Third Quarter is only one day old.
Have you looked at the results for The Third Quarter? Equities, Bonds, Cryptos all up. It's just like old times, When every day we saw market gains, as all our worries were left behind.
Oh, sure the Third Quarter is only one day old.
Have you looked at the results for The Third Quarter? Equities, Bonds, Cryptos all up. It's just like old times, When every day we saw market gains, as all our worries were left behind.
Oh, sure the Third Quarter is only one day old.
Have you looked at the results for The Third Quarter? Equities, Bonds, Cryptos all up. It's just like old times, When every day we saw market gains, as all our worries were left behind.
Oh, sure the Third Quarter is only one day old.
Have you looked at the results for The Third Quarter? Equities, Bonds, Cryptos all up. It's just like old times, When every day we saw market gains, as all our worries were left behind.
Oh, sure the Third Quarter is only one day old.
Have you looked at the results for The Third Quarter? Equities, Bonds Cryptos all up. It's just like old times, When every day we saw market gains, as all our worries were left behind.
Oh, sure the Third Quarter is only one day old.
Are you going to get together around the grill this holiday? Time to get to see family and friends.
Are you going to get together around the grill this holiday? Time to get to see family and friends.
Are you going to get together around the grill this holiday? Time to get to see family and friends. My informal survey of friends and neighbors tells me the same story. Americans across the country are ditching traditional pastimes instead of dusting off the Weber grill and breaking out a few beverages of their choice.
...the task that the US Bureau of Economic Analysis has to do each quarter. They are measuring, counting, if you will, this $21 Trillion US Economy.
By tradition, the Bureau measures the Economy three times after the quarter ends. After the latest quarter closes, it releases those results for the next three months.
Are you going to get together around the grill this holiday? Time to get to see family and friends.
...the task that the US Bureau of Economic Analysis has to do each quarter. They are measuring, counting, if you will, this $21 Trillion US Economy.
By tradition, the Bureau measures the Economy three times after the quarter ends. After the latest quarter closes, it releases those results for the next three months.
...the task that the US Bureau of Economic Analysis has to do each quarter. They are measuring, counting, if you will, this $21 Trillion US Economy.
By tradition, the Bureau measures the Economy three times after the quarter ends. After the latest quarter closes, it releases those results for the next three months.
...the task that the US Bureau of Economic Analysis has to do each quarter. They are measuring, counting, if you will, this $21 Trillion US Economy.
By tradition, the Bureau measures the Economy three times after the quarter ends. After the latest quarter closes, it releases those results for the next three months.
Today just about everyone is convinced that Inflation is here to stay. Ask the average person in the street what the number one economic problem is? And the odds are 9 out of 10 they'll answer Inflation.
Today just about everyone is convinced that Inflation is here to stay. Ask the average person in the street what the number one economic problem is? And the odds are 9 out of 10 they'll answer Inflation.
Today just about everyone is convinced that Inflation is here to stay. Ask the average person in the street what the number one economic problem is? And the odds are 9 out of 10 they'll answer Inflation.
Today just about everyone is convinced that Inflation is here to stay. Ask the average person in the street what the number one economic problem is? And the odds are 9 out of 10 they'll answer Inflation.
This week's Face the Nation on CBS had one principal guest: David Malpass, President of the World Bank.
This week's Face the Nation on CBS had one principal guest: David Malpass, President of the World Bank.
This week's Face the Nation on CBS had one principal guest: David Malpass, President of the World Bank.
This week's Face the Nation on CBS had one principal guest: David Malpass, President of the World Bank.
Today's column comes from a comment from Tessa, one of my readers.
Before we go any further, I want to thank Tessa and all my readers or listeners, especially those who take the time to comment.
Today's column comes from a comment from Tessa, one of my readers.
Before we go any further, I want to thank Tessa and all my readers or listeners, especially those who take the time to comment.
Today's column comes from a comment from Tessa, one of my readers.
Before we go any further, I want to thank Tessa and all my readers or listeners, especially those who take the time to comment.
Today's column comes from a comment from Tessa, one of my readers.
Before we go any further, I want to thank Tessa and all my readers or listeners, especially those who take the time to comment.
Chairman of the Federal Reserve, Jerome Powell marched up Capital Hill to give his twice-yearly report to Congress. When all was said and done, Powell seemed able to thread the needle.
Chairman of the Federal Reserve, Jerome Powell marched up Capital Hill to give his twice-yearly report to Congress. When all was said and done, Powell seemed able to thread the needle.
Chairman of the Federal Reserve, Jerome Powell marched up Capital Hill to give his twice-yearly report to Congress. When all was said and done, Powell seemed able to thread the needle.
Chairman of the Federal Reserve, Jerome Powell marched up Capital Hill to give his twice-yearly report to Congress. When all was said and done, Powell seemed able to thread the needle.
Nearly a half-century ago, Ronald Reagan gave us this simple aphorism to describe the kind of economy we face today. During those far way 1970s, the economy back then was failing. We had gone through the supply-side shock of an oil embargo. Inflation was the highest it had been in generations. And the country was governed by an unpopular President who couldn't seem to get anything right.
Nearly a half-century ago, Ronald Reagan gave us this simple aphorism to describe the kind of economy we face today. During those far way 1970s, the economy back then was failing. We had gone through the supply-side shock of an oil embargo. Inflation was the highest it had been in generations. And the country was governed by an unpopular President who couldn't seem to get anything right.
Nearly a half-century ago, Ronald Reagan gave us this simple aphorism to describe the kind of economy we face today. During those far way 1970s, the economy back then was failing. We had gone through the supply-side shock of an oil embargo. Inflation was the highest it had been in generations. And the country was governed by an unpopular President who couldn't seem to get anything right.
Nearly a half-century ago, Ronald Reagan gave us this simple aphorism to describe the kind of economy we face today. During those far way 1970s, the economy back then was failing. We had gone through the supply-side shock of an oil embargo. Inflation was the highest it had been in generations. And the country was governed by an unpopular President who couldn't seem to get anything right.
We're living in a bizarre world.
Where our political leaders endlessly discuss inflation yet most often exclude economic reality.
We're living in a bizarre world.
Where our political leaders endlessly discuss inflation yet most often exclude economic reality.
We're living in a bizarre world.
Where our political leaders endlessly discuss inflation yet most often exclude economic reality.
We're living in a bizarre world.
Where our political leaders endlessly discuss inflation yet most often exclude economic reality.
Winter will again bring its cold weather and the need for us to supply our heat. It is, after all, in the winter when our demand for energy climbs. As the thermometer falls, we seek many ways to warm our homes.
Winter will again bring its cold weather and the need for us to supply our heat. It is, after all, in the winter when our demand for energy climbs. As the thermometer falls, we seek many ways to warm our homes.
Winter will again bring its cold weather and the need for us to supply our heat. It is, after all, in the winter when our demand for energy climbs. As the thermometer falls, we seek many ways to warm our homes.
Inflation is arguably our number one economic problem currently. But just how bad is inflation? That's a hard question to answer. We all feel the effects of rising prices every day. When we go to the grocery store, the gas station, and when we pay our bills. The cost of everything is rising.
Inflation is arguably our number one economic problem currently. But just how bad is inflation? That's a hard question to answer. We all feel the effects of rising prices every day. When we go to the grocery store, the gas station, and when we pay our bills. The cost of everything is rising.
Inflation is arguably our number one economic problem currently. But just how bad is inflation? That's a hard question to answer. We all feel the effects of rising prices every day. When we go to the grocery store, the gas station, and when we pay our bills. The cost of everything is rising.
Inflation is arguably our number one economic problem currently. But just how bad is inflation? That's a hard question to answer. We all feel the effects of rising prices every day. When we go to the grocery store, the gas station, and when we pay our bills. The cost of everything is rising.
They've been the issues that Main Street has had to deal with for months. The high cost of gasoline and in fact all forms of energy. Then the high cost of food, and now even the possibility of food shortages.
They've been the issues that Main Street has had to deal with for months. The high cost of gasoline and in fact all forms of energy. Then the high cost of food, and now even the possibility of food shortages.
They've been the issues that Main Street has had to deal with for months. The high cost of gasoline and in fact all forms of energy. Then the high cost of food, and now even the possibility of food shortages.
They've been the issues that Main Street has had to deal with for months. The high cost of gasoline and in fact all forms of energy. Then the high cost of food, and now even the possibility of food shortages.
They've been the issues that Main Street has had to deal with for months. The high cost of gasoline and in fact all forms of energy. Then the high cost of food, and now even the possibility of food shortages.
They've been the issues that Main Street has had to deal with for months. The high cost of gasoline and in fact all forms of energy. Then the high cost of food, and now even the possibility of food shortages.
Today, as we have been each and every year since at least the end of World War II, America is the greatest producing Agricultural country on the planet. Our farmlands are the wonder of the world.
Today, as we have been each and every year since at least the end of World War II, America is the greatest producing Agricultural country on the planet. Our farmlands are the wonder of the world.
Today, as we have been each and every year since at least the end of World War II, America is the greatest producing Agricultural country on the planet. Our farmlands are the wonder of the world.
Today, as we have been each and every year since at least the end of World War II, America is the greatest producing Agricultural country on the planet. Our farmlands are the wonder of the world.
Yesterday afternoon, at precisely 2 pm, word came over our collective terminals that the Federal Reserve had raised its core interest rate target by 75 basis points.
At the high end of many expectations on Wall Street, and the biggest jump for more than twenty years.
Yesterday afternoon, at precisely 2 pm, word came over our collective terminals that the Federal Reserve had raised its core interest rate target by 75 basis points.
At the high end of many expectations on Wall Street, and the biggest jump for more than twenty years.
Yesterday afternoon, at precisely 2 pm, word came over our collective terminals that the Federal Reserve had raised its core interest rate target by 75 basis points.
At the high end of many expectations on Wall Street, and the biggest jump for more than twenty years.
Yesterday afternoon, at precisely 2 pm, word came over our collective terminals that the Federal Reserve had raised its core interest rate target by 75 basis points.
At the high end of many expectations on Wall Street, and the biggest jump for more than twenty years.
There are five ways that the Biden Administration and the Federal Reserve propose to slow this economy and lower the rate of inflation.
And make no mistake those two objectives are intrinsically linked.
There are five ways that the Biden Administration and the Federal Reserve propose to slow this economy and lower the rate of inflation.
And make no mistake those two objectives are intrinsically linked.
There are five ways that the Biden Administration and the Federal Reserve propose to slow this economy and lower the rate of inflation.
And make no mistake those two objectives are intrinsically linked.
There are five ways that the Biden Administration and the Federal Reserve propose to slow this economy and lower the rate of inflation.
And make no mistake those two objectives are intrinsically linked.
The new President immediately sat down at the Resolute Desk and began to issue executive orders.
One after another, after another. As fast as they handed him the leather-bound document, it was signed and became law. Regulations poured out of the Oval Office like a flood.
The new President immediately sat down at the Resolute Desk and began to issue executive orders.
One after another, after another. As fast as they handed him the leather-bound document, it was signed and became law. Regulations poured out of the Oval Office like a flood.
The new President immediately sat down at the Resolute Desk and began to issue executive orders.
One after another, after another. As fast as they handed him the leather-bound document, it was signed and became law. Regulations poured out of the Oval Office like a flood.
The new President immediately sat down at the Resolute Desk and began to issue executive orders.
One after another, after another. As fast as they handed him the leather-bound document, it was signed and became law. Regulations poured out of the Oval Office like a flood.
From the very beginning of the Ukraine conflict last February, Washington's reaction has been out of character. Strange to say the least.
From the very beginning of the Ukraine conflict last February, Washington's reaction has been out of character. Strange to say the least.
From the very beginning of the Ukraine conflict last February, Washington's reaction has been out of character. Strange to say the least.
From the very beginning of the Ukraine conflict last February, Washington's reaction has been out of character. Strange to say the least.
Dreams die hard. And nowhere is that more true than on Wall Street.
As we began this week, the Street had a dream of “Peak Inflation.” the concept, that while the economy may not be getting much better, at least we could put the worst of inflation behind us.
Dreams die hard. And nowhere is that more true than on Wall Street.
As we began this week, the Street had a dream of “Peak Inflation.” the concept, that while the economy may not be getting much better, at least we could put the worst of inflation behind us.
Dreams die hard. And nowhere is that more true than on Wall Street.
As we began this week, the Street had a dream of “Peak Inflation.” the concept, that while the economy may not be getting much better, at least we could put the worst of inflation behind us.
Dreams die hard. And nowhere is that more true than on Wall Street.
As we began this week, the Street had a dream of “Peak Inflation.” the concept, that while the economy may not be getting much better, at least we could put the worst of inflation behind us.
Once again today, we will see what I consider the strangest of all economic reports that cross my desk each week.
It's the Oil Rig Count. The number of actively drilling oil rigs in the country.
Once again today, we will see what I consider the strangest of all economic reports that cross my desk each week.
It's the Oil Rig Count. The number of actively drilling oil rigs in the country.
Once again today, we will see what I consider the strangest of all economic reports that cross my desk each week.
It's the Oil Rig Count. The number of actively drilling oil rigs in the country.
Once again today, we will see what I consider the strangest of all economic reports that cross my desk each week.
It's the Oil Rig Count. The number of actively drilling oil rigs in the country.
We've all been here before. We've seen the price of energy, and particularly the price of gasoline rising and falling.
How the nation reacts to this price spike, will depend entirely upon how long we think it's going to last.
We've all been here before. We've seen the price of energy, and particularly the price of gasoline rising and falling.
How the nation reacts to this price spike, will depend entirely upon how long we think it's going to last.
We've all been here before. We've seen the price of energy, and particularly the price of gasoline rising and falling.
How the nation reacts to this price spike, will depend entirely upon how long we think it's going to last.
We've all been here before. We've seen the price of energy, and particularly the price of gasoline rising and falling.
How the nation reacts to this price spike, will depend entirely upon how long we think it's going to last.
You no doubt heard that President Biden invoked the Defense Production Act to promote additional sources of energy.
You no doubt heard that President Biden invoked the Defense Production Act to promote additional sources of energy.
You no doubt heard that President Biden invoked the Defense Production Act to promote additional sources of energy.
You no doubt heard that President Biden invoked the Defense Production Act to promote additional sources of energy.
President Biden has a price problem.
On that, we can all agree.
We see it every day.
Prices under this President are way too high.
President Biden has a price problem.
On that, we can all agree.
We see it every day.
Prices under this President are way too high.
President Biden has a price problem.
On that, we can all agree.
We see it every day.
Prices under this President are way too high.
President Biden has a price problem.
On that, we can all agree.
We see it every day.
Prices under this President are way too high.
This year, as is almost always the case, Climate Change was one of the Chief Issues for both the WEF and The Bilderberg Group.
Even the Royal Family got in on the Climate Change parade, when William, the future King of England spent his three-minute homily for his Grandmother, praising her efforts as a climate change champion.
This year, as is almost always the case, Climate Change was one of the Chief Issues for both the WEF and The Bilderberg Group.
Even the Royal Family got in on the Climate Change parade, when William, the future King of England spent his three-minute homily for his Grandmother, praising her efforts as a climate change champion.
This year, as is almost always the case, Climate Change was one of the Chief Issues for both the WEF and The Bilderberg Group.
Even the Royal Family got in on the Climate Change parade, when William, the future King of England spent his three-minute homily for his Grandmother, praising her efforts as a climate change champion.
This year, as is almost always the case, Climate Change was one of the Chief Issues for both the WEF and The Bilderberg Group.
Even the Royal Family got in on the Climate Change parade, when William, the future King of England spent his three-minute homily for his Grandmother, praising her efforts as a climate change champion.
It's shaping up to be a busy start to summer.
As we have not one, but two meetings of the world economic elite.
It's shaping up to be a busy start to summer.
As we have not one, but two meetings of the world economic elite.
It's shaping up to be a busy start to summer.
As we have not one, but two meetings of the world economic elite.
It's shaping up to be a busy start to summer.
As we have not one, but two meetings of the world economic elite.
One of the best tools for any investor is the GDP Now Model produced by the Atlanta Branch of the Federal Reserve. This is an absolutely objective, strictly by the numbers, big-picture of the US Economy.
One of the best tools for any investor is the GDP Now Model produced by the Atlanta Branch of the Federal Reserve. This is an absolutely objective, strictly by the numbers, big-picture of the US Economy.
One of the best tools for any investor is the GDP Now Model produced by the Atlanta Branch of the Federal Reserve. This is an absolutely objective, strictly by the numbers, big-picture of the US Economy.
One of the best tools for any investor is the GDP Now Model produced by the Atlanta Branch of the Federal Reserve. This is an absolutely objective, strictly by the numbers, big-picture of the US Economy.
Wall Street is all atwitter this morning, as they try to guess what happened in yesterday's meeting between President Joe Biden, and Chairman of the Federal Reserve, Jerome Powell.
Wall Street is all atwitter this morning, as they try to guess what happened in yesterday's meeting between President Joe Biden, and Chairman of the Federal Reserve, Jerome Powell.
Wall Street is all atwitter this morning, as they try to guess what happened in yesterday's meeting between President Joe Biden, and Chairman of the Federal Reserve, Jerome Powell.
Wall Street is all atwitter this morning, as they try to guess what happened in yesterday's meeting between President Joe Biden, and Chairman of the Federal Reserve, Jerome Powell.
You see it every-time you fill up your gas tank. It's the rising price of gasoline, and all petroleum products.
Over the past year oil and gas have risen three times more than any other component of the Consumer Price Index.
You see it every-time you fill up your gas tank. It's the rising price of gasoline, and all petroleum products.
Over the past year oil and gas have risen three times more than any other component of the Consumer Price Index.
You see it every-time you fill up your gas tank. It's the rising price of gasoline, and all petroleum products.
Over the past year oil and gas have risen three times more than any other component of the Consumer Price Index.
Well, Wall Street was ready to look at the bright side. To put on our collective “rose colored glasses.” And remember that things aren't all so bleak.
Well, Wall Street was ready to look at the bright side. To put on our collective “rose colored glasses.” And remember that things aren't all so bleak.
Well, Wall Street was ready to look at the bright side. To put on our collective “rose colored glasses.” And remember that things aren't all so bleak.
Well, Wall Street was ready to look at the bright side. To put on our collective “rose colored glasses.” And remember that things aren't all so bleak.
Well, Wall Street was ready to look at the bright side. To put on our collective “rose colored glasses.” And remember that things aren't all so bleak.
Well, Wall Street was ready to look at the bright side. To put on our collective “rose colored glasses.” And remember that things aren't all so bleak.
Well, Wall Street was ready to look at the bright side. To put on our collective “rose colored glasses.” And remember that things aren't all so bleak.
There are three major factors currently that are affecting the Global Economy. And unfortunately all are aligned to produce a negative impact.
There are three major factors currently that are affecting the Global Economy. And unfortunately all are aligned to produce a negative impact.
There are three major factors currently that are affecting the Global Economy. And unfortunately all are aligned to produce a negative impact.
There are three major factors currently that are affecting the Global Economy. And unfortunately all are aligned to produce a negative impact.
President Biden has been busy this week.
Flying first to South Korea, and then on to Tokyo for his first trip to Asia as President.
To say that its been an eventful trip would be an understatement.
President Biden has been busy this week.
Flying first to South Korea, and then on to Tokyo for his first trip to Asia as President.
To say that its been an eventful trip would be an understatement.
President Biden has been busy this week.
Flying first to South Korea, and then on to Tokyo for his first trip to Asia as President.
To say that its been an eventful trip would be an understatement.
President Biden has been busy this week.
Flying first to South Korea, and then on to Tokyo for his first trip to Asia as President.
To say that its been an eventful trip would be an understatement.
For those of us on the outside, there's a tendency to think that major projects just consist of an “announcement” followed a few months, or sometime years later by the completed project.
For those of us on the outside, there's a tendency to think that major projects just consist of an “announcement” followed a few months, or sometime years later by the completed project.
For those of us on the outside, there's a tendency to think that major projects just consist of an “announcement” followed a few months, or sometime years later by the completed project.
For those of us on the outside, there's a tendency to think that major projects just consist of an “announcement” followed a few months, or sometime years later by the completed project.
There was an old television program called Star Trek. In one of the shows, some members of the crew were accelerated to un-imagined speed.
There was an old television program called Star Trek. In one of the shows, some members of the crew were accelerated to un-imagined speed.
There was an old television program called Star Trek. In one of the shows, some members of the crew were accelerated to un-imagined speed.
There was an old television program called Star Trek. In one of the shows, some members of the crew were accelerated to un-imagined speed.
It became clear that Jerome Powell and the rest of the members of the Fed, were serious about interest rate hikes.
It became clear that Jerome Powell and the rest of the members of the Fed, were serious about interest rate hikes.
It became clear that Jerome Powell and the rest of the members of the Fed, were serious about interest rate hikes.
It became clear that Jerome Powell and the rest of the members of the Fed, were serious about interest rate hikes.
It became clear that Jerome Powell and the rest of the members of the Fed, were serious about interest rate hikes.
It became clear that Jerome Powell and the rest of the members of the Fed, were serious about interest rate hikes.
For many years the best indicator for the fortunes of any country, has been the relative value of their currency.
And the International Foreign Exchange Markets, the largest financial markets in the world, measure those relative values daily.
For many years the best indicator for the fortunes of any country, has been the relative value of their currency.
And the International Foreign Exchange Markets, the largest financial markets in the world, measure those relative values daily.
For many years the best indicator for the fortunes of any country, has been the relative value of their currency.
And the International Foreign Exchange Markets, the largest financial markets in the world, measure those relative values daily.
For many years the best indicator for the fortunes of any country, has been the relative value of their currency.
And the International Foreign Exchange Markets, the largest financial markets in the world, measure those relative values daily.
America seems destine to underestimate Russia. It was 65 years ago, when Russia first surprised the US...
America seems destine to underestimate Russia. It was 65 years ago, when Russia first surprised the US...
America seems destine to underestimate Russia. It was 65 years ago, when Russia first surprised the US...
America seems destine to underestimate Russia. It was 65 years ago, when Russia first surprised the US...
In overnight headlines Japan reports that their economy actually contracted for the latest quarter. Japanese GDP fell 2/10th % tied with Italy as the 4th weakest of the major economies in the world.
In overnight headlines Japan reports that their economy actually contracted for the latest quarter. Japanese GDP fell 2/10th % tied with Italy as the 4th weakest of the major economies in the world.
In overnight headlines Japan reports that their economy actually contracted for the latest quarter. Japanese GDP fell 2/10th % tied with Italy as the 4th weakest of the major economies in the world.
In overnight headlines Japan reports that their economy actually contracted for the latest quarter.
Japanese GDP fell 2/10th % tied with Italy as the 4th weakest of the major economies in the world.
In global economic news overnight, we're seeing different countries headed in different directions in this economic teeter-totter all based on the cost and availability of energy.
In global economic news overnight, we're seeing different countries headed in different directions in this economic teeter-totter all based on the cost and availability of energy.
In global economic news overnight, we're seeing different countries headed in different directions in this economic teeter-totter all based on the cost and availability of energy.
In global economic news overnight, we're seeing different countries headed in different directions in this economic teeter-totter all based on the cost and availability of energy.
We've seen it all before. Governments lock-down the people, and the economy falls. We saw this here in the United States, over in Europe, and now for a second time in China.
We've seen it all before. Governments lock-down the people, and the economy falls. We saw this here in the United States, over in Europe, and now for a second time in China.
We've seen it all before. Governments lock-down the people, and the economy falls. We saw this here in the United States, over in Europe, and now for a second time in China.
We've seen it all before. Governments lock-down the people, and the economy falls. We saw this here in the United States, over in Europe, and now for a second time in China.
Elon Musk, the peripatetic Billionaire investor, philanthropist, and co-founder of Tesla Motors has put his acquisition of Twitter on hold.
This, after Reuters reported that a substantial number of Twitter accounts may be bots.
Elon Musk, the peripatetic Billionaire investor, philanthropist, and co-founder of Tesla Motors has put his acquisition of Twitter on hold.
This, after Reuters reported that a substantial number of Twitter accounts may be bots.
Elon Musk, the peripatetic Billionaire investor, philanthropist, and co-founder of Tesla Motors has put his acquisition of Twitter on hold.
This, after Reuters reported that a substantial number of Twitter accounts may be bots.
Elon Musk, the peripatetic Billionaire investor, philanthropist, and co-founder of Tesla Motors has put his acquisition of Twitter on hold.
This, after Reuters reported that a substantial number of Twitter accounts may be bots.
Elon Musk, the peripatetic Billionaire investor, philanthropist, and co-founder of Tesla Motors has put his acquisition of Twitter on hold.
This, after Reuters reported that a substantial number of Twitter accounts may be bots.
Elon Musk, the peripatetic Billionaire investor, philanthropist, and co-founder of Tesla Motors has put his acquisition of Twitter on hold.
This, after Reuters reported that a substantial number of Twitter accounts may be bots.
American Presidential Politics, is the most stylized and arcane process in all the world.
Anyone seeking to become President must begin their campaign at least 2 and more likely 4 or 5 years, before the election.
American Presidential Politics, is the most stylized and arcane process in all the world.
Anyone seeking to become President must begin their campaign at least 2 and more likely 4 or 5 years, before the election.
American Presidential Politics, is the most stylized and arcane process in all the world.
Anyone seeking to become President must begin their campaign at least 2 and more likely 4 or 5 years, before the election.
American Presidential Politics, is the most stylized and arcane process in all the world.
Anyone seeking to become President must begin their campaign at least 2 and more likely 4 or 5 years, before the election.
At 8:30 yesterday morning the latest report on Inflation at the consumer level was flashed across every terminal n Wall Street.
This morning, again at 8:30 we'll get the report on inflation at the Producer or Wholesale Level. And, like yesterday's report Analysts expect that it too will show a lower level of inflation.
At 8:30 yesterday morning the latest report on Inflation at the consumer level was flashed across every terminal n Wall Street.
This morning, again at 8:30 we'll get the report on inflation at the Producer or Wholesale Level. And, like yesterday's report Analysts expect that it too will show a lower level of inflation.
At 8:30 yesterday morning the latest report on Inflation at the consumer level was flashed across every terminal n Wall Street.
This morning, again at 8:30 we'll get the report on inflation at the Producer or Wholesale Level. And, like yesterday's report Analysts expect that it too will show a lower level of inflation.
At 8:30 yesterday morning the latest report on Inflation at the consumer level was flashed across every terminal n Wall Street.
This morning, again at 8:30 we'll get the report on inflation at the Producer or Wholesale Level. And, like yesterday's report Analysts expect that it too will show a lower level of inflation.
It's been just 1 year, 3 months and 21 days since Joseph Robinette Biden was sworn in as the 46th President of the United States. And yet it is almost a certainty that he will go down as one of the most consequential Presidents in our history.
It's been just 1 year, 3 months and 21 days since Joseph Robinette Biden was sworn in as the 46th President of the United States. And yet it is almost a certainty that he will go down as one of the most consequential Presidents in our history.
It's been just 1 year, 3 months and 21 days since Joseph Robinette Biden was sworn in as the 46th President of the United States. And yet it is almost a certainty that he will go down as one of the most consequential Presidents in our history.
It's been just 1 year, 3 months and 21 days since Joseph Robinette Biden was sworn in as the 46th President of the United States. And yet it is almost a certainty that he will go down as one of the most consequential Presidents in our history.
But as the new century unfolds, its becoming increasingly apparent, that these New World Leaders have failed to check on that part of the globe that lies beyond the international date line.
But as the new century unfolds, its becoming increasingly apparent, that these New World Leaders have failed to check on that part of the globe that lies beyond the international date line.
...But as the new century unfolds, its becoming increasingly apparent, that these New World Leaders have failed to check on that part of the globe that lies beyond the international date line.
...But as the new century unfolds, its becoming increasingly apparent, that these New World Leaders have failed to check on that part of the globe that lies beyond the international date line.
Now I don't buy many bottles of wine, only around the holidays. And I have just a small selection that we all seem to like. So it really is a pretty good sample of how prices, or at least wine prices are in this part of the country.
And it turned out to be a big surprise. Prices were most definitely not higher. In fact, many bottles were on sale. And the ones that weren't were, if anything lower than I remember.
But how can this be? Inflation is everywhere we are told.
Now I don't buy many bottles of wine, only around the holidays. And I have just a small selection that we all seem to like. So it really is a pretty good sample of how prices, or at least wine prices are in this part of the country.
And it turned out to be a big surprise. Prices were most definitely not higher. In fact, many bottles were on sale. And the ones that weren't were, if anything lower than I remember.
But how can this be? Inflation is everywhere we are told.
Now I don't buy many bottles of wine, only around the holidays. And I have just a small selection that we all seem to like. So it really is a pretty good sample of how prices, or at least wine prices are in this part of the country.
And it turned out to be a big surprise. Prices were most definitely not higher. In fact, many bottles were on sale. And the ones that weren't were, if anything lower than I remember.
But how can this be? Inflation is everywhere we are told.
Now I don't buy many bottles of wine, only around the holidays. And I have just a small selection that we all seem to like. So it really is a pretty good sample of how prices, or at least wine prices are in this part of the country.
And it turned out to be a big surprise. Prices were most definitely not higher. In fact, many bottles were on sale. And the ones that weren't were, if anything lower than I remember.
But how can this be? Inflation is everywhere we are told.
What a remarkable turn of events. In just eight days we had that disastrous first quarter GDP number, Which showed for the first time since the pandemic lock-down this economy is once again declining.
It will just take one more quarter like this, for the National Bureau of economic Research to declare this a full blown recession.
What a remarkable turn of events. In just eight days we had that disastrous first quarter GDP number, Which showed for the first time since the pandemic lock-down this economy is once again declining.
It will just take one more quarter like this, for the National Bureau of economic Research to declare this a full blown recession.
What a remarkable turn of events. In just eight days we had that disastrous first quarter GDP number, Which showed for the first time since the pandemic lock-down this economy is once again declining.
It will just take one more quarter like this, for the National Bureau of economic Research to declare this a full blown recession.
What a remarkable turn of events. In just eight days we had that disastrous first quarter GDP number, Which showed for the first time since the pandemic lock-down this economy is once again declining.
It will just take one more quarter like this, for the National Bureau of economic Research to declare this a full blown recession.
What a remarkable turn of events. In just eight days we had that disastrous first quarter GDP number, Which showed for the first time since the pandemic lock-down this economy is once again declining.
It will just take one more quarter like this, for the National Bureau of economic Research to declare this a full blown recession.
What a remarkable turn of events. In just eight days we had that disastrous first quarter GDP number, Which showed for the first time since the pandemic lock-down this economy is once again declining.
It will just take one more quarter like this, for the National Bureau of economic Research to declare this a full blown recession.
And yet, the first time the Fed takes a meaningful step in that direction. Wall street raises a tantrum.
The kicking and screaming could be heard through my quote machine. To say nothing of all that red on the screen.
...And yet, the first time the Fed takes a meaningful step in that direction. Wall street raises a tantrum.
The kicking and screaming could be heard through my quote machine. To say nothing of all that red on the screen.
...And yet, the first time the Fed takes a meaningful step in that direction. Wall street raises a tantrum.
The kicking and screaming could be heard through my quote machine. To say nothing of all that red on the screen.
...And yet, the first time the Fed takes a meaningful step in that direction. Wall street raises a tantrum.
The kicking and screaming could be heard through my quote machine. To say nothing of all that red on the screen.
Well you can't say you didn't see that coming. For seeming months now the Federal Reserve as debated raising interest rates. Debating just how far they should go in fighting inflation.
Well you can't say you didn't see that coming. For seeming months now the Federal Reserve as debated raising interest rates. Debating just how far they should go in fighting inflation.
Well you can't say you didn't see that coming. For seeming months now the Federal Reserve as debated raising interest rates. Debating just how far they should go in fighting inflation.
Well you can't say you didn't see that coming. For seeming months now the Federal Reserve as debated raising interest rates. Debating just how far they should go in fighting inflation.
At precisely 2 pm eastern time today, the Federal Reserve Open Market Committee will flash to all the world, their latest decision on Interest Rates.
By all accounts, Wall Street is absolutely convinced that the Fed will raise interest rates by half a percentage point. Bringing the new Fed Funds Rate to an even 1%.
At precisely 2 pm eastern time today, the Federal Reserve Open Market Committee will flash to all the world, their latest decision on Interest Rates.
By all accounts, Wall Street is absolutely convinced that the Fed will raise interest rates by half a percentage point. Bringing the new Fed Funds Rate to an even 1%.
At precisely 2 pm eastern time today, the Federal Reserve Open Market Committee will flash to all the world, their latest decision on Interest Rates.
By all accounts, Wall Street is absolutely convinced that the Fed will raise interest rates by half a percentage point. Bringing the new Fed Funds Rate to an even 1%.
At precisely 2 pm eastern time today, the Federal Reserve Open Market Committee will flash to all the world, their latest decision on Interest Rates.
By all accounts, Wall Street is absolutely convinced that the Fed will raise interest rates by half a percentage point. Bringing the new Fed Funds Rate to an even 1%.
There is a revolution going on in the American workplace. People are quitting. That's right they are leaving their employment. Often for better positions elsewhere. Sometimes, just to quit.
There is a revolution going on in the American workplace. People are quitting. That's right they are leaving their employment. Often for better positions elsewhere. Sometimes, just to quit.
There is a revolution going on in the American workplace. People are quitting. That's right they are leaving their employment. Often for better positions elsewhere. Sometimes, just to quit.
There is a revolution going on in the American workplace. People are quitting. That's right they are leaving their employment. Often for better positions elsewhere. Sometimes, just to quit.
The big even this week is the meeting of Doctor Fed. That's right the Federal Reserve's Open Market Committee meets tomorrow and Wednesday. And thus begins the process of setting a new monetary policy for this country.
The big even this week is the meeting of Doctor Fed. That's right the Federal Reserve's Open Market Committee meets tomorrow and Wednesday. And thus begins the process of setting a new monetary policy for this country.
The big even this week is the meeting of Doctor Fed. That's right the Federal Reserve's Open Market Committee meets tomorrow and Wednesday. And thus begins the process of setting a new monetary policy for this country.
The big even this week is the meeting of Doctor Fed. That's right the Federal Reserve's Open Market Committee meets tomorrow and Wednesday. And thus begins the process of setting a new monetary policy for this country.
This week saw terrible reports from #Apple Computer, #Amazon, and the nation's #GDP. Along with substantial declines in all the major averages, indicating that a #Bear Market may have indeed begun.
This week saw terrible reports from #Apple Computer, #Amazon, and the nation's #GDP. Along with substantial declines in all the major averages, indicating that a #Bear Market may have indeed begun.
This week saw terrible reports from #Apple Computer, #Amazon, and the nation's #GDP. Along with substantial declines in all the major averages, indicating that a #Bear Market may have indeed begun.
This week saw terrible reports from #Apple Computer, #Amazon, and the nation's #GDP. Along with substantial declines in all the major averages, indicating that a #Bear Market may have indeed begun.
This week saw terrible reports from #Apple Computer, #Amazon, and the nation's #GDP. Along with substantial declines in all the major averages, indicating that a #Bear Market may have indeed begun.
This week saw terrible reports from #Apple Computer, #Amazon, and the nation's #GDP. Along with substantial declines in all the major averages, indicating that a #Bear Market may have indeed begun.
I can tell you that yesterday's GDP Report hit Wall Street like a ton of bricks. They were simply not expecting the magnitude of this economic decline.
Zero Hedge reports that 65 out of 69 Wall street economists surveyed expected that the nation's economy grew last quarter. And on average they felt it grew by better than 1%.
I can tell you that yesterday's GDP Report hit Wall Street like a ton of bricks. They were simply not expecting the magnitude of this economic decline.
Zero Hedge reports that 65 out of 69 Wall street economists surveyed expected that the nation's economy grew last quarter. And on average they felt it grew by better than 1%.
I can tell you that yesterday's GDP Report hit Wall Street like a ton of bricks. They were simply not expecting the magnitude of this economic decline.
Zero Hedge reports that 65 out of 69 Wall street economists surveyed expected that the nation's economy grew last quarter. And on average they felt it grew by better than 1%.
I can tell you that yesterday's GDP Report hit Wall Street like a ton of bricks. They were simply not expecting the magnitude of this economic decline.
Zero Hedge reports that 65 out of 69 Wall street economists surveyed expected that the nation's economy grew last quarter. And on average they felt it grew by better than 1%.
At 5 O'clock eastern time, Tim Cooke CEO of Apple Computer will take to the podium and introduce the latest earnings conference call for the technology giant.
At 5 O'clock eastern time, Tim Cooke CEO of Apple Computer will take to the podium and introduce the latest earnings conference call for the technology giant.
At 5 O'clock eastern time, Tim Cooke CEO of Apple Computer will take to the podium and introduce the latest earnings conference call for the technology giant.
At 5 O'clock eastern time, Tim Cooke CEO of Apple Computer will take to the podium and introduce the latest earnings conference call for the technology giant.
If you've followed this podcast for any period of time, you know that we've spent a lot of time discussing the alarming situation in our balance of trade.
Now trade can be a good thing for a country, or a bad. For those countries that are able to obtain a competitive advantage over the rest of the world, trade can be a source of wealth. As others will pay you for those resources, services and materials that you produce.
If you've followed this podcast for any period of time, you know that we've spent a lot of time discussing the alarming situation in our balance of trade.
Now trade can be a good thing for a country, or a bad. For those countries that are able to obtain a competitive advantage over the rest of the world, trade can be a source of wealth. As others will pay you for those resources, services and materials that you produce.
Have you heard of the Dead Internet Theory? It's the basic concept that much of what we see and hear on the internet is pure delusion. Created to give the impression that there are vast quantities of people following every whim and idea of the great social media stars. When in reality many of those “followers” are mere bots, created to give the illusion of popularity.
Have you heard of the Dead Internet Theory? It's the basic concept that much of what we see and hear on the internet is pure delusion.
Created to give the impression that there are vast quantities of people following every whim and idea of the great social media stars. When in reality many of those “followers” are mere bots, created to give the illusion of popularity.
Over the next three days we will get the earnings reports from the heart and soul of this stock market.
Today, both Alphabet Google, the worlds largest search engine, and Microsoft, perhaps the world's largest software company will reveal their latest results.
Followed tomorrow by Facebook, and then online retailer Amazon, and computer maker Apple follow on Thursday.
Over the next three days we will get the earnings reports from the heart and soul of this stock market.
Today, both Alphabet Google, the worlds largest search engine, and Microsoft, perhaps the world's largest software company will reveal their latest results.
Followed tomorrow by Facebook, and then online retailer Amazon, and computer maker Apple follow on Thursday.
Over the next three days we will get the earnings reports from the heart and soul of this stock market.
Today, both Alphabet Google, the worlds largest search engine, and Microsoft, perhaps the world's largest software company will reveal their latest results.
Followed tomorrow by Facebook, and then online retailer Amazon, and computer maker Apple follow on Thursday.
Over the next three days we will get the earnings reports from the heart and soul of this stock market.
Today, both Alphabet Google, the worlds largest search engine, and Microsoft, perhaps the world's largest software company will reveal their latest results.
Followed tomorrow by Facebook, and then online retailer Amazon, and computer maker Apple follow on Thursday.
Underscoring our discussion that a drop in demand will naturally lead to a drop in price. Overnight, the futures market, looking at the same data as you and I. Namely that 20% drop in Chinese demand for oil. And predicting that this will continue for a while. The futures markets just dropped the price of oil 5%, over night.
Underscoring our discussion that a drop in demand will naturally lead to a drop in price. Overnight, the futures market, looking at the same data as you and I. Namely that 20% drop in Chinese demand for oil. And predicting that this will continue for a while. The futures markets just dropped the price of oil 5%, over night.
Underscoring our discussion that a drop in demand will naturally lead to a drop in price. Overnight, the futures market, looking at the same data as you and I. Namely that 20% drop in Chinese demand for oil. And predicting that this will continue for a while. The futures markets just dropped the price of oil 5%, over night.
Underscoring our discussion that a drop in demand will naturally lead to a drop in price. Overnight, the futures market, looking at the same data as you and I. Namely that 20% drop in Chinese demand for oil. And predicting that this will continue for a while. The futures markets just dropped the price of oil 5%, over night.
For as long as I can remember there has been one sector in our society that has been rabidly anti-oil.
Back in 1969, just after a massive oil spill in Santa Barbara, California. I remember attending a rally by Get-Oil-Out, “GOO.” And organization whose sole purpose was to stop all offshore oil drilling.
For as long as I can remember there has been one sector in our society that has been rabidly anti-oil.
Back in 1969, just after a massive oil spill in Santa Barbara, California. I remember attending a rally by Get-Oil-Out, “GOO.” And organization whose sole purpose was to stop all offshore oil drilling.
For as long as I can remember there has been one sector in our society that has been rabidly anti-oil.
Back in 1969, just after a massive oil spill in Santa Barbara, California. I remember attending a rally by Get-Oil-Out, “GOO.” And organization whose sole purpose was to stop all offshore oil drilling.
For as long as I can remember there has been one sector in our society that has been rabidly anti-oil.
Back in 1969, just after a massive oil spill in Santa Barbara, California. I remember attending a rally by Get-Oil-Out, “GOO.” And organization whose sole purpose was to stop all offshore oil drilling.
If you've spent much time on an island, you know how delightful they can be. Surrounded by water, often with sunny beaches. A great place to get away from it all.
If you've spent much time on an island, you know how delightful they can be. Surrounded by water, often with sunny beaches. A great place to get away from it all.
If you've spent much time on an island, you know how delightful they can be. Surrounded by water, often with sunny beaches. A great place to get away from it all.
If you've spent much time on an island, you know how delightful they can be. Surrounded by water, often with sunny beaches. A great place to get away from it all.
For anyone who has ever worked in a Chemistry lab, or baked a cake for that matter, You know that the smallest little mistake in ingredients, can ruin the entire experiment or recipe.
Inflation is like that.
For anyone who has ever worked in a Chemistry lab, or baked a cake for that matter, You know that the smallest little mistake in ingredients, can ruin the entire experiment or recipe.
Inflation is like that.
For anyone who has ever worked in a Chemistry lab, or baked a cake for that matter, You know that the smallest little mistake in ingredients, can ruin the entire experiment or recipe.
Inflation is like that.
For anyone who has ever worked in a Chemistry lab, or baked a cake for that matter, You know that the smallest little mistake in ingredients, can ruin the entire experiment or recipe.
Inflation is like that.
In short Shanghai, has been Shanghaied. A term which gained renown in the 19th century as the place where kidnapped sailors ended up after being conscripted to man sailing vessels from around the world.
In short Shanghai, has been Shanghaied. A term which gained renown in the 19th century as the place where kidnapped sailors ended up after being conscripted to man sailing vessels from around the world.
In short Shanghai, has been Shanghaied. A term which gained renown in the 19th century as the place where kidnapped sailors ended up after being conscripted to man sailing vessels from around the world.
In short Shanghai, has been Shanghaied. A term which gained renown in the 19th century as the place where kidnapped sailors ended up after being conscripted to man sailing vessels from around the world.
Today American's are preoccupied with the conflict in Ukraine. A country who most were unfamiliar with, less than two months ago.
Hard to believe, that Russia invaded Ukraine, just seven weeks ago on February 24th.
In that time, the conflict has moved so quickly and exposed so much that it's often difficult to keep up with.
Today American's are preoccupied with the conflict in Ukraine. A country who most were unfamiliar with, less than two months ago.
Hard to believe, that Russia invaded Ukraine, just seven weeks ago on February 24th.
In that time, the conflict has moved so quickly and exposed so much that it's often difficult to keep up with.
Today American's are preoccupied with the conflict in Ukraine. A country who most were unfamiliar with, less than two months ago.
Hard to believe, that Russia invaded Ukraine, just seven weeks ago on February 24th.
In that time, the conflict has moved so quickly and exposed so much that it's often difficult to keep up with.
Today American's are preoccupied with the conflict in Ukraine. A country who most were unfamiliar with, less than two months ago.
Hard to believe, that Russia invaded Ukraine, just seven weeks ago on February 24th.
In that time, the conflict has moved so quickly and exposed so much that it's often difficult to keep up with.
To anyone familiar with American Politics, something is happening right now which is very strange. America is facing the greatest economic crisis in a generation.
Yet our political class is Washington has not uttering a single word. Oh, the President calls out Vladimir Putin as a “bad guy.” Yet no one believes that Putin is the cause of out current bout of inflation.
To anyone familiar with American Politics, something is happening right now which is very strange. America is facing the greatest economic crisis in a generation.
Yet our political class is Washington has not uttering a single word. Oh, the President calls out Vladimir Putin as a “bad guy.” Yet no one believes that Putin is the cause of out current bout of inflation.
To anyone familiar with American Politics, something is happening right now which is very strange. America is facing the greatest economic crisis in a generation.
Yet our political class is Washington has not uttering a single word. Oh, the President calls out Vladimir Putin as a “bad guy.” Yet no one believes that Putin is the cause of out current bout of inflation.
To anyone familiar with American Politics, something is happening right now which is very strange. America is facing the greatest economic crisis in a generation.
Yet our political class is Washington has not uttering a single word. Oh, the President calls out Vladimir Putin as a “bad guy.” Yet no one believes that Putin is the cause of out current bout of inflation.
With apologies to James Carvel, and his favorite dicta from 1990, that “It's the economy, stupid.” We need to recognize how President Joe Biden, along with his former boss, Barack Obama, had changed the Presidency. The principal management arm of the US Government.
With apologies to James Carvel, and his favorite dicta from 1990, that “It's the economy, stupid.” We need to recognize how President Joe Biden, along with his former boss, Barack Obama, had changed the Presidency. The principal management arm of the US Government.
With apologies to James Carvel, and his favorite dicta from 1990, that “It's the economy, stupid.” We need to recognize how President Joe Biden, along with his former boss, Barack Obama, had changed the Presidency. The principal management arm of the US Government.
With apologies to James Carvel, and his favorite dicta from 1990, that “It's the economy, stupid.” We need to recognize how President Joe Biden, along with his former boss, Barack Obama, had changed the Presidency. The principal management arm of the US Government.
For over a year now, the biggest mystery for Wall Street has been: “Where have all the workers gone?” The country is currently going through the biggest number of job openings, in recent memory.
For over a year now, the biggest mystery for Wall Street has been: “Where have all the workers gone?” The country is currently going through the biggest number of job openings, in recent memory.
For over a year now, the biggest mystery for Wall Street has been: “Where have all the workers gone?” The country is currently going through the biggest number of job openings, in recent memory.
For over a year now, the biggest mystery for Wall Street has been: “Where have all the workers gone?” The country is currently going through the biggest number of job openings, in recent memory.
They are the American Multinationals, the most valuable and powerful companies on earth.
They are at the very top of our stock market. Companies like Apple Computer, Microsoft, Google and Facebook. There reach is literally global.
They seen indestructible...
They are the American Multinationals, the most valuable and powerful companies on earth.
They are at the very top of our stock market. Companies like Apple Computer, Microsoft, Google and Facebook. There reach is literally global.
They seen indestructible...
They are the American Multinationals, the most valuable and powerful companies on earth.
They are at the very top of our stock market. Companies like Apple Computer, Microsoft, Google and Facebook. There reach is literally global.
They seen indestructible...
They are the American Multinationals, the most valuable and powerful companies on earth.
They are at the very top of our stock market. Companies like Apple Computer, Microsoft, Google and Facebook. There reach is literally global.
They seen indestructible...
In the story, Alice's Adventure In Wonderland, Lewis Carroll takes us into a place where everything is turned upside down. “...everything would be what it isn't.”
That's as good a definition of the Biden Administration as I've ever heard. In a most perverse sense, every time Biden goes after Putin financially, his strategy is thwarted. And ultimately comes back to inflict harm on the US.
In the story, Alice's Adventure In Wonderland, Lewis Carroll takes us into a place where everything is turned upside down. “...everything would be what it isn't.”
That's as good a definition of the Biden Administration as I've ever heard. In a most perverse sense, every time Biden goes after Putin financially, his strategy is thwarted. And ultimately comes back to inflict harm on the US.
In the story, Alice's Adventure In Wonderland, Lewis Carroll takes us into a place where everything is turned upside down. “...everything would be what it isn't.”
That's as good a definition of the Biden Administration as I've ever heard. In a most perverse sense, every time Biden goes after Putin financially, his strategy is thwarted. And ultimately comes back to inflict harm on the US.
In the story, Alice's Adventure In Wonderland, Lewis Carroll takes us into a place where everything is turned upside down. “...everything would be what it isn't.”
That's as good a definition of the Biden Administration as I've ever heard. In a most perverse sense, every time Biden goes after Putin financially, his strategy is thwarted. And ultimately comes back to inflict harm on the US.
One of the real innovations of the internet has been the introduction of Real Estate Pricing.
I get several services in my email box, telling me the latest estimate of my home's value. Zillow, Redfin and a couple of others come like clock work.
One of the real innovations of the internet has been the introduction of Real Estate Pricing.
I get several services in my email box, telling me the latest estimate of my home's value. Zillow, Redfin and a couple of others come like clock work.
One of the real innovations of the internet has been the introduction of Real Estate Pricing.
I get several services in my email box, telling me the latest estimate of my home's value. Zillow, Redfin and a couple of others come like clock work.
There are two sides to every coin. Two sides to every argument. And two sides to our economy.
Right now, I'm looking at two charts. Each so outlandish, that I never thought I would ever see something like this. At least not in America.
There are two sides to every coin. Two sides to every argument. And two sides to our economy.
Right now, I'm looking at two charts. Each so outlandish, that I never thought I would ever see something like this. At least not in America.
There are two sides to every coin. Two sides to every argument. And two sides to our economy.
Right now, I'm looking at two charts. Each so outlandish, that I never thought I would ever see something like this. At least not in America.
There are two sides to every coin. Two sides to every argument. And two sides to our economy.
Right now, I'm looking at two charts. Each so outlandish, that I never thought I would ever see something like this. At least not in America.
Jesus told the story of the Wise and the Foolish Maidens:
One night a group of Maidens went out to meet the Bridegroom. The Wise Maidens thought to bring along a jar of oil, with their lamps. But the foolish maidens brought no extra oil.
Jesus told the story of the Wise and the Foolish Maidens:
One night a group of Maidens went out to meet the Bridegroom. The Wise Maidens thought to bring along a jar of oil, with their lamps. But the foolish maidens brought no extra oil.
Jesus told the story of the Wise and the Foolish Maidens:
One night a group of Maidens went out to meet the Bridegroom. The Wise Maidens thought to bring along a jar of oil, with their lamps. But the foolish maidens brought no extra oil.
Jesus told the story of the Wise and the Foolish Maidens:
One night a group of Maidens went out to meet the Bridegroom. The Wise Maidens thought to bring along a jar of oil, with their lamps. But the foolish maidens brought no extra oil.
Its been 51 years since we've seen anything that approached what happened this week in the world's currency markets.
Without a doubt there has been an historic shift in worldwide currencies. And it's most profound impact has been between the Russian Ruble and the US Dollar.
Its been 51 years since we've seen anything that approached what happened this week in the world's currency markets.
Without a doubt there has been an historic shift in worldwide currencies. And it's most profound impact has been between the Russian Ruble and the US Dollar.
Its been 51 years since we've seen anything that approached what happened this week in the world's currency markets.
Without a doubt there has been an historic shift in worldwide currencies. And it's most profound impact has been between the Russian Ruble and the US Dollar.
Its been 51 years since we've seen anything that approached what happened this week in the world's currency markets.
Without a doubt there has been an historic shift in worldwide currencies. And it's most profound impact has been between the Russian Ruble and the US Dollar.
We're living in a world which, frankly, I thought I left behind some 40 years ago. That was the last time that inflation ravaged our country.
I hoped that we had moved beyond this scourge. And that better financial management created an economy that had banished inflation like the plague.
Unfortunately that's not the case.
We're living in a world which, frankly, I thought I left behind some 40 years ago. That was the last time that inflation ravaged our country.
I hoped that we had moved beyond this scourge. And that better financial management created an economy that had banished inflation like the plague.
Unfortunately that's not the case.
We're living in a world which, frankly, I thought I left behind some 40 years ago. That was the last time that inflation ravaged our country.
I hoped that we had moved beyond this scourge. And that better financial management created an economy that had banished inflation like the plague.
Unfortunately that's not the case.
We're living in a world which, frankly, I thought I left behind some 40 years ago. That was the last time that inflation ravaged our country.
I hoped that we had moved beyond this scourge. And that better financial management created an economy that had banished inflation like the plague.
Unfortunately that's not the case.
Cyber Attack, it's a term which no longer needs explanation. It's almost 100% certain that if you've been on the internet for any time at all, you've been attacked. Your computer hacked, potentially your identity stolen, and perhaps even your financial accounts invaded.
Cyber Attack, it's a term which no longer needs explanation. It's almost 100% certain that if you've been on the internet for any time at all, you've been attacked. Your computer hacked, potentially your identity stolen, and perhaps even your financial accounts invaded.
Cyber Attack, it's a term which no longer needs explanation. It's almost 100% certain that if you've been on the internet for any time at all, you've been attacked. Your computer hacked, potentially your identity stolen, and perhaps even your financial accounts invaded.
Cyber Attack, it's a term which no longer needs explanation. It's almost 100% certain that if you've been on the internet for any time at all, you've been attacked. Your computer hacked, potentially your identity stolen, and perhaps even your financial accounts invaded.
If there is one over-riding dimension to President Biden's foreign policy, it is his War Against International Trade.
From cutting off oil pipelines both between Canada and the US. To attempting to do the same between Russia and Europe. Choosing sanctions against Russia, and potentially China, is a direct blow to trade.
If there is one over-riding dimension to President Biden's foreign policy, it is his War Against International Trade.
From cutting off oil pipelines both between Canada and the US. To attempting to do the same between Russia and Europe. Choosing sanctions against Russia, and potentially China, is a direct blow to trade.
If there is one over-riding dimension to President Biden's foreign policy, it is his War Against International Trade.
From cutting off oil pipelines both between Canada and the US. To attempting to do the same between Russia and Europe. Choosing sanctions against Russia, and potentially China, is a direct blow to trade.
If there is one over-riding dimension to President Biden's foreign policy, it is his War Against International Trade.
From cutting off oil pipelines both between Canada and the US. To attempting to do the same between Russia and Europe. Choosing sanctions against Russia, and potentially China, is a direct blow to trade.
This week President Biden unveiled his Budget Proposal for the next fiscal year 2022-23.
It will be by far the largest budget ever, not associated with a national emergency like a war or the Pandemic.
This week President Biden unveiled his Budget Proposal for the next fiscal year 2022-23.
It will be by far the largest budget ever, not associated with a national emergency like a war or the Pandemic.
This week President Biden unveiled his Budget Proposal for the next fiscal year 2022-23.
It will be by far the largest budget ever, not associated with a national emergency like a war or the Pandemic.
This week President Biden unveiled his Budget Proposal for the next fiscal year 2022-23.
It will be by far the largest budget ever, not associated with a national emergency like a war or the Pandemic.
Over the past two years we've been locked-down, quarantined, “vaccinated,” lost jobs and in general been told how to think, and what to do. And American's have just about had enough.
Over the past two years we've been locked-down, quarantined, “vaccinated,” lost jobs and in general been told how to think, and what to do. And American's have just about had enough.
Over the past two years we've been locked-down, quarantined, “vaccinated,” lost jobs and in general been told how to think, and what to do. And American's have just about had enough.
Over the past two years we've been locked-down, quarantined, “vaccinated,” lost jobs and in general been told how to think, and what to do.
And American's have just about had enough.
Modern Military Strategists tell us that war in the 21st century is fought on many front. There is the Kinetic War that we see playing out on the battlefields of Ukraine.
There is an information war, where each side tries to portray itself as both the victor and the morally superior force in the war.
And then there is the economic war. Fought not on the battlefield, but in the boardroom.
Modern Military Strategists tell us that war in the 21st century is fought on many front. There is the Kinetic War that we see playing out on the battlefields of Ukraine.
There is an information war, where each side tries to portray itself as both the victor and the morally superior force in the war.
And then there is the economic war. Fought not on the battlefield, but in the boardroom.
Modern Military Strategists tell us that war in the 21st century is fought on many front. There is the Kinetic War that we see playing out on the battlefields of Ukraine.
There is an information war, where each side tries to portray itself as both the victor and the morally superior force in the war.
And then there is the economic war. Fought not on the battlefield, but in the boardroom.
Modern Military Strategists tell us that war in the 21st century is fought on many front. There is the Kinetic War that we see playing out on the battlefields of Ukraine.
There is an information war, where each side tries to portray itself as both the victor and the morally superior force in the war.
And then there is the economic war. Fought not on the battlefield, but in the boardroom.
There are many, especially on this side of the political spectrum, who are having trouble understanding President Biden's Energy Policy.
And I have to confess, that it is difficult to comprehend the nature and scope of a series of policies that has seen the price of gasoline double. That will restrict diesel fuel and threaten the entire economy.
America it's a mighty big place. It takes 5 or 6 hours to fly over, days if traveling by automobile. All together the USA is the fourth largest country by territory in the world. Only Russia, Canada and China have more territory.
And one of the distinguishing attributes of out country is the number of farms. Only China has more farmland than does the US. Just over 17% of our total land is in farms. Roughly 328 million acres.
One of the research reports I like to check in on this time of the month is the latest editions of the "Leading Economic Indicators."
The LEI sets the tone for the overall direction of the economy. And is used primarily by those Wall Street Analysts who are on the money-management side of the business. The so called "buy-side."
Wall Street has it's own jargon. A language all its own, that can be difficult to understand at times. Late last week you may have seen headlines in the Financial Press screaming, that the “Yield Curve Is Inverting.”
We have entered an all new world. One that will certainly be unlike anything that any of us have seen before.
Perhaps the closest thing to this new world, was back a hundred years ago, with the Spanish Flu of 1918.
So, how is the Biden Administration managing our dollar. Promoting it to the rest of the world?
Answer, not well. Disastrously would be the closest description.
Since the moment Joe Bidden stepped into the White House, its almost as if he choose to denigrate the Dollar.
So, how is the Biden Administration managing our dollar. Promoting it to the rest of the world?
Answer, not well. Disastrously would be the closest description.
Since the moment Joe Bidden stepped into the White House, its almost as if he choose to denigrate the Dollar.
At precisely 1:30 this afternoon, east coast time, the lights will come on, cameras focus. And Jerome Powell, Chairman of the Federal Reserve will take center stage.
At precisely 1:30 this afternoon, east coast time, the lights will come on, cameras focus. And Jerome Powell, Chairman of the Federal Reserve will take center stage.
At precisely 1:30 this afternoon, east coast time, the lights will come on, cameras focus. And Jerome Powell, Chairman of the Federal Reserve will take center stage.
At precisely 1:30 this afternoon, east coast time, the lights will come on, cameras focus. And Jerome Powell, Chairman of the Federal Reserve will take center stage.
We're experiencing one of the sharpest, most dramatic jump in prices that the nation has ever seen.
When I go to the store or the gas station, it's all I hear about: the cost of everything.
I'm even seeing stickers at the gas pump, with a photo of Joe Biden, and the caption: I did this.
We're experiencing one of the sharpest, most dramatic jump in prices that the nation has ever seen.
When I go to the store or the gas station, it's all I hear about: the cost of everything.
I'm even seeing stickers at the gas pump, with a photo of Joe Biden, and the caption: I did this.
We're experiencing one of the sharpest, most dramatic jump in prices that the nation has ever seen. When I go to the store or the gas station, it's all I hear about: the cost of everything.
I'm even seeing stickers at the gas pump, with a photo of Joe Biden, and the caption: I did this.
We're experiencing one of the sharpest, most dramatic jump in prices that the nation has ever seen. When I go to the store or the gas station, it's all I hear about: the cost of everything. I'm even seeing stickers at the gas pump, with a photo of Joe Biden, and the caption: I did this.
For years this has been one of the premier sources of energy for this country, but it's just about to hit some all time, historic levels of energy production.
For years this has been one of the premier sources of energy for this country, but it's just about to hit some all time, historic levels of energy production.
For years this has been one of the premier sources of energy for this country, but it's just about to hit some all time, historic levels of energy production.
For years this has been one of the premier sources of energy for this country, but it's just about to hit some all time, historic levels of energy production.
PS Yesterday we saw the highest inflation reading since 1982, at 7.9%. As we noted this is inflation driven by a lack of supply. This country is both literally and figuratively out of gas.
PS Yesterday we saw the highest inflation reading since 1982, at 7.9%. As we noted this is inflation driven by a lack of supply. This country is both literally and figuratively out of gas.
PS Yesterday we saw the highest inflation reading since 1982, at 7.9%. As we noted this is inflation driven by a lack of supply. This country is both literally and figuratively out of gas.
PS Yesterday we saw the highest inflation reading since 1982, at 7.9%. As we noted this is inflation driven by a lack of supply. This country is both literally and figuratively out of gas.
Its been 50 years since last I saw what's happening now. In that half century, we've experienced market ups and downs. Inflation, deflation. Boom and bust. But it's been that long since all have aligned in just the way their lining up today.
Its been 50 years since last I saw what's happening now. In that half century, we've experienced market ups and downs. Inflation, deflation. Boom and bust. But it's been that long since all have aligned in just the way their lining up today.
Its been 50 years since last I saw what's happening now. In that half century, we've experienced market ups and downs. Inflation, deflation. Boom and bust. But it's been that long since all have aligned in just the way their lining up today.
Its been 50 years since last I saw what's happening now. In that half century, we've experienced market ups and downs. Inflation, deflation. Boom and bust. But it's been that long since all have aligned in just the way their lining up today.
Speaking before a Senate Select Committee, Victoria Nuland, under secretary of State, provided the final puzzle piece.
Nuland, who's father incidentally is Ukrainian, acknowledged that there are indeed bio labs within Ukraine. The first time, to my knowledge that any member of the current administration has even admitted their existence.
Speaking before a Senate Select Committee, Victoria Nuland, under secretary of State, provided the final puzzle piece.
Nuland, who's father incidentally is Ukrainian, acknowledged that there are indeed bio labs within Ukraine. The first time, to my knowledge that any member of the current administration has even admitted their existence.
Speaking before a Senate Select Committee, Victoria Nuland, under secretary of State, provided the final puzzle piece.
Nuland, who's father incidentally is Ukrainian, acknowledged that there are indeed bio labs within Ukraine. The first time, to my knowledge that any member of the current administration has even admitted their existence.
Speaking before a Senate Select Committee, Victoria Nuland, under secretary of State, provided the final puzzle piece.
Nuland, who's father incidentally is Ukrainian, acknowledged that there are indeed bio labs within Ukraine. The first time, to my knowledge that any member of the current administration has even admitted their existence.
Have you ever met a millionaire junky? They're an interesting combination of extreme arrogance and vulnerability. Arrogance, in that they presume that no one sees their addiction. That they are smart enough to hide any weakness from view.
Have you ever met a millionaire junky? They're an interesting combination of extreme arrogance and vulnerability. Arrogance, in that they presume that no one sees their addiction. That they are smart enough to hide any weakness from view.
Have you ever met a millionaire junky? They're an interesting combination of extreme arrogance and vulnerability. Arrogance, in that they presume that no one sees their addiction. That they are smart enough to hide any weakness from view.
Have you ever met a millionaire junky? They're an interesting combination of extreme arrogance and vulnerability. Arrogance, in that they presume that no one sees their addiction. That they are smart enough to hide any weakness from view.
Yes, you heard that right. The Biden Administration has put in place at least three economic policies that are all but guaranteed to slow the economy.
Yes, you heard that right. The Biden Administration has put in place at least three economic policies that are all but guaranteed to slow the economy.
Yes you heard that right. The Biden Administration has put in place at least three economic policies that are all but guaranteed to slow the economy.
Yes you heard that right. The Biden Administration has put in place at least three economic policies that are all but guaranteed to slow the economy.
Ours has been called the information age. And it is likely the defining characteristic of the times we live in. Truly a marvel.
We are able to communicate around the globe. Talking to far away friends and family instantly. In the same manner we take in news and information worldwide.
Ours has been called the information age. And it is likely the defining characteristic of the times we live in. Truly a marvel.
We are able to communicate around the globe. Talking to far away friends and family instantly. In the same manner we take in news and information worldwide.
Ours has been called the information age. And it is likely the defining characteristic of the times we live in. Truly a marvel.
We are able to communicate around the globe. Talking to far away friends and family instantly. In the same manner we take in news and information worldwide.
Ours has been called the information age. And it is likely the defining characteristic of the times we live in. Truly a marvel.
We are able to communicate around the globe. Talking to far away friends and family instantly. In the same manner we take in news and information worldwide.
A hundred years from now, when they write the history of the Biden Presidency, it won't be the disaster in Afghanistan, or the terrible inflation which will be their great failure.
No, in my opinion, the greatest failure will be the loss of SWIFT. The international inter-bank transfer system.
A hundred years from now, when they write the history of the Biden Presidency, it won't be the disaster in Afghanistan, or the terrible inflation which will be their great failure.
No, in my opinion, the greatest failure will be the loss of SWIFT. The international inter-bank transfer system.
A hundred years from now, when they write the history of the Biden Presidency, it won't be the disaster in Afghanistan, or the terrible inflation which will be their great failure.
No, in my opinion, the greatest failure will be the loss of SWIFT. The international inter-bank transfer system.
A hundred years from now, when they write the history of the Biden Presidency, it won't be the disaster in Afghanistan, or the terrible inflation which will be their great failure.
No, in my opinion, the greatest failure will be the loss of SWIFT. The international inter-bank transfer system.
Its not often that a multi-generational, century old financial strategy can be over-turned.
But that's what just happened. I was listening to that eminent financial planner, Justin Trudeau. Perhaps you've heard of him. I'm told that Trudeau also moon lights as Prime Minister of Canada.
Its not often that a multi-generational, century old financial strategy can be over-turned.
But that's what just happened. I was listening to that eminent financial planner, Justin Trudeau. Perhaps you've heard of him. I'm told that Trudeau also moon lights as Prime Minister of Canada.
Its not often that a multi-generational, century old financial strategy can be over-turned.
But that's what just happened. I was listening to that eminent financial planner, Justin Trudeau. Perhaps you've heard of him. I'm told that Trudeau also moon lights as Prime Minister of Canada.
Its not often that a multi-generational, century old financial strategy can be over-turned. But that's what just happened. I was listening to that eminent financial planner, Justin Trudeau. Perhaps you've heard of him. I'm told that Trudeau also moon lights as Prime Minister of Canada.
Over the weekend a certain Senior Citizen went missing. For nearly 3 days he was not heard from. From early afternoon, until mid morning Monday, but for 1 brief phone call, he was gone.
Over the weekend a certain Senior Citizen went missing. For nearly 3 days he was not heard from. From early afternoon, until mid morning Monday, but for 1 brief phone call, he was gone.
Over the weekend a certain Senior Citizen went missing. For nearly 3 days he was not heard from. From early afternoon, until mid morning Monday, but for 1 brief phone call, he was gone.
Over the weekend a certain Senior Citizen went missing. For nearly 3 days he was not heard from. From early afternoon, until mid morning Monday, but for 1 brief phone call, he was gone.
One of the most fascinating chapters in this War In Ukraine, is unfolding before out eyes. A story that is likely to tell us as much about our country, as it does about Ukraine and Russia.
One of the most fascinating chapters in this War In Ukraine, is unfolding before out eyes. A story that is likely to tell us as much about our country, as it does about Ukraine and Russia.
One of the most fascinating chapters in this War In Ukraine, is unfolding before out eyes. A story that is likely to tell us as much about our country, as it does about Ukraine and Russia.
One of the most fascinating chapters in this War In Ukraine, is unfolding before out eyes. A story that is likely to tell us as much about our country, as it does about Ukraine and Russia.
For all my life, it seems, I've heard US Presidents call for our nation to become “energy independent.” Since at least Presidents Nixon and Carter, with the possible exception of Obama it's been the policy of America to become self sufficient in oil and gas.
For all my life, it seems, I've heard US Presidents call for our nation to become “energy independent.” Since at least Presidents Nixon and Carter, with the possible exception of Obama it's been the policy of America to become self sufficient in oil and gas.
For all my life, it seems, I've heard US Presidents call for our nation to become “energy independent.” Since at least Presidents Nixon and Carter, with the possible exception of Obama it's been the policy of America to become self sufficient in oil and gas.
For all my life, it seems, I've heard US Presidents call for our nation to become “energy independent.” Since at least Presidents Nixon and Carter, with the possible exception of Obama it's been the policy of America to become self sufficient in oil and gas.
It is the financial Cinderella Story of the young century. A relatively obscure pharmaceutical company goes from never making a profit, to becoming one of the most profitable research pharmaceutical companies in the new field of messenger RNA. That's Ribonucleic Acid a principal structure in our genetic makeup.
It is the financial Cinderella Story of the young century. A relatively obscure pharmaceutical company goes from never making a profit, to becoming one of the most profitable research pharmaceutical companies in the new field of messenger RNA. That's Ribonucleic Acid a principal structure in our genetic makeup.
It is the financial Cinderella Story of the young century. A relatively obscure pharmaceutical company goes from never making a profit, to becoming one of the most profitable research pharmaceutical companies in the new field of messenger RNA. That's Ribonucleic Acid a principal structure in our genetic makeup.
It is the financial Cinderella Story of the young century. A relatively obscure pharmaceutical company goes from never making a profit, to becoming one of the most profitable research pharmaceutical companies in the new field of messenger RNA. That's Ribonucleic Acid a principal structure in our genetic makeup.
We've all been in the situation, where the other-side just won't talk. It could be a significant other, or just a friend, a boss or an employee, an acquaintance or a relative. No matter who it is, you always know that the relationship is over, when the other-side simply won't talk.
Communication, after all, is the basis of all human relations. We are creatures who must communicate. It's how we learn about the other side. How we share ourselves. And most importantly how we maintain our relationship with each other. Without communication we are simply two strangers sharing a space.
We've all been in the situation, where the other-side just won't talk. It could be a significant other, or just a friend, a boss or an employee, an acquaintance or a relative. No matter who it is, you always know that the relationship is over, when the other-side simply won't talk.
Communication, after all, is the basis of all human relations. We are creatures who must communicate. It's how we learn about the other side. How we share ourselves. And most importantly how we maintain our relationship with each other. Without communication we are simply two strangers sharing a space.
We've all been in the situation, where the other-side just won't talk. It could be a significant other, or just a friend, a boss or an employee, an acquaintance or a relative. No matter who it is, you always know that the relationship is over, when the other-side simply won't talk.
Communication, after all, is the basis of all human relations. We are creatures who must communicate. It's how we learn about the other side. How we share ourselves. And most importantly how we maintain our relationship with each other. Without communication we are simply two strangers sharing a space.
We've all been in the situation, where the other-side just won't talk. It could be a significant other, or just a friend, a boss or an employee, an acquaintance or a relative. No matter who it is, you always know that the relationship is over, when the other-side simply won't talk.
Communication, after all, is the basis of all human relations. We are creatures who must communicate. It's how we learn about the other side. How we share ourselves. And most importantly how we maintain our relationship with each other. Without communication we are simply two strangers sharing a space.
Anyway, that's the way things worked back in the 70s. And that's the way things are supposed to work. But if I'm being entirely honest, that is not how things work today, in 2022.
In 2022, there are really two economies. And if I'm at all correct about all this, the two economies are about to take two very different paths.
Anyway, that's the way things worked back in the 70s. And that's the way things are supposed to work. But if I'm being entirely honest, that is not how things work today, in 2022.
In 2022, there are really two economies. And if I'm at all correct about all this, the two economies are about to take two very different paths.
Anyway, that's the way things worked back in the 70s. And that's the way things are supposed to work. But if I'm being entirely honest, that is not how things work today, in 2022.
In 2022, there are really two economies. And if I'm at all correct about all this, the two economies are about to take two very different paths.
Anyway, that's the way things worked back in the 70s. And that's the way things are supposed to work. But if I'm being entirely honest, that is not how things work today, in 2022.
In 2022, there are really two economies. And if I'm at all correct about all this, the two economies are about to take two very different paths.
For anyone who has been watching the events in Ottawa, the images are stunning. Police without badges, bludgeoning peaceful citizens. Mounted on horse back, literally plowing down demonstrators. Wooden clubs beating back men women and children.
It is the brutal visage of a burgeoning dictatorship.
For anyone who has been watching the events in Ottawa, the images are stunning. Police without badges, bludgeoning peaceful citizens. Mounted on horse back, literally plowing down demonstrators. Wooden clubs beating back men women and children.
It is the brutal visage of a burgeoning dictatorship.
For anyone who has been watching the events in Ottawa, the images are stunning. Police without badges, bludgeoning peaceful citizens. Mounted on horse back, literally plowing down demonstrators. Wooden clubs beating back men women and children.
It is the brutal visage of a burgeoning dictatorship.
For anyone who has been watching the events in Ottawa, the images are stunning. Police without badges, bludgeoning peaceful citizens. Mounted on horse back, literally plowing down demonstrators. Wooden clubs beating back men women and children.
It is the brutal visage of a burgeoning dictatorship.
There is a ghost haunting the halls of the Eccles Building, the headquarters of the Federal Reserve. The ghost is that of Paul Adolph Volcker Jr., the 12 Chairman of the Federal Reserve.
There is a ghost haunting the halls of the Eccles Building, the headquarters of the Federal Reserve. The ghost is that of Paul Adolph Volcker Jr., the 12 Chairman of the Federal Reserve.
There is a ghost haunting the halls of the Eccles Building, the headquarters of the Federal Reserve. The ghost is that of Paul Adolph Volcker Jr., the 12 Chairman of the Federal Reserve.
There is a ghost haunting the halls of the Eccles Building, the headquarters of the Federal Reserve. The ghost is that of Paul Adolph Volcker Jr., the 12 Chairman of the Federal Reserve.
Nearly every economic report we see now has been tainted. It's as if some malware has corrupted our entire economic file. And that malware is, as you may have guessed: inflation. Let's see if we can cut through some of the inflation distortion.
Nearly every economic report we see now has been tainted. It's as if some malware has corrupted our entire economic file. And that malware is, as you may have guessed: inflation. Let's see if we can cut through some of the inflation distortion.
Nearly every economic report we see now has been tainted. It's as if some malware has corrupted our entire economic file. And that malware is, as you may have guessed: inflation. Let's see if we can cut through some of the inflation distortion.
Nearly every economic report we see now has been tainted. It's as if some malware has corrupted our entire economic file. And that malware is, as you may have guessed: inflation. Let's see if we can cut through some of the inflation distortion.
Many in this country have forgotten, or never knew the profound relationship that President Joe Biden and his family have established with the Country of Ukraine over the years.
Many in this country have forgotten, or never knew the profound relationship that President Joe Biden and his family have established with the Country of Ukraine over the years.
Many in this country have forgotten, or never knew the profound relationship that President Joe Biden and his family have established with the Country of Ukraine over the years.
Many in this country have forgotten, or never knew the profound relationship that President Joe Biden and his family have established with the Country of Ukraine over the years.
On April 17th 1982, then Prime Minister Pierre Elliott Trudeau signed into law, along with Queen Elizabeth, the Canadian Charter of Rights.
Considered the Canadian equivalent of the United States Bill of rights. The Charter granted to every Canadian citizen certain fundamental, democratic rights.
On April 17th 1982, then Prime Minister Pierre Elliott Trudeau signed into law, along with Queen Elizabeth, the Canadian Charter of Rights.
Considered the Canadian equivalent of the United States Bill of rights. The Charter granted to every Canadian citizen certain fundamental, democratic rights.
On April 17th 1982, then Prime Minister Pierre Elliott Trudeau signed into law, along with Queen Elizabeth, the Canadian Charter of Rights.
Considered the Canadian equivalent of the United States Bill of rights. The Charter granted to every Canadian citizen certain fundamental, democratic rights.
On April 17th 1982, then Prime Minister Pierre Elliott Trudeau signed into law, along with Queen Elizabeth, the Canadian Charter of Rights.
Considered the Canadian equivalent of the United States Bill of rights. The Charter granted to every Canadian citizen certain fundamental, democratic rights.
Happy Valentine's day to all .
Well. As I look over my desk laden with pet rocks, beanie babies, and the latest edition Rubik's Cube, I can't help but notice that there's nothing deader than last years fad. From disco to cabbage patch dolls, when it's done it's done. And there's no going back.
People move on.
Happy Valentine's day to all .
Well. As I look over my desk laden with pet rocks, beanie babies, and the latest edition Rubik's Cube, I can't help but notice that there's nothing deader than last years fad. From disco to cabbage patch dolls, when it's done it's done. And there's no going back.
People move on.
Happy Valentine's day to all .
Well. As I look over my desk laden with pet rocks, beanie babies, and the latest edition Rubik's Cube, I can't help but notice that there's nothing deader than last years fad. From disco to cabbage patch dolls, when it's done it's done. And there's no going back.
People move on.
Happy Valentine's day to all .
Well. As I look over my desk laden with pet rocks, beanie babies, and the latest edition Rubik's Cube, I can't help but notice that there's nothing deader than last years fad. From disco to cabbage patch dolls, when it's done it's done. And there's no going back.
People move on.
If Wall Street were a football team it would be the home of the broken field runners. Find that opening, and run as fast as you can for the end zone.
Of course the Street has always been this way. It's in their blood. Find an advantage, and extra measure of profit, and go for it.
If Wall Street were a football team it would be the home of the broken field runners. Find that opening, and run as fast as you can for the end zone.
Of course the Street has always been this way. It's in their blood. Find an advantage, and extra measure of profit, and go for it.
If Wall Street were a football team it would be the home of the broken field runners. Find that opening, and run as fast as you can for the end zone.
Of course the Street has always been this way. It's in their blood. Find an advantage, and extra measure of profit, and go for it.
If Wall Street were a football team it would be the home of the broken field runners. Find that opening, and run as fast as you can for the end zone.
Of course the Street has always been this way. It's in their blood. Find an advantage, and extra measure of profit, and go for it.
It's hard to imagine that just 22 months ago, in April of 2020 inflation in the US stood at less than 1 1/2%. Inflation had been remarkably low for years.
So low, in fact, the the Federal Reserve Board, made it one of their primary initiatives to increase inflation up to 2% on an annual basis.
It's hard to imagine that just 22 months ago, in April of 2020 inflation in the US stood at less than 1 1/2%. Inflation had been remarkably low for years.
So low, in fact, the the Federal Reserve Board, made it one of their primary initiatives to increase inflation up to 2% on an annual basis.
Its called a balance of trade for a reason. In in an ideal world, with a properly functioning economy, all things should be in balance. The economy itself should be balanced. With production and consumption roughly equal.
And so to, trade with other countries should be balanced. This country trading it's goods and materials with the rest of the world, in relative balance.
Its called a balance of trade for a reason. In in an ideal world, with a properly functioning economy, all things should be in balance. The economy itself should be balanced. With production and consumption roughly equal.
And so to, trade with other countries should be balanced. This country trading it's goods and materials with the rest of the world, in relative balance.
Its called a balance of trade for a reason. In in an ideal world, with a properly functioning economy, all things should be in balance. The economy itself should be balanced. With production and consumption roughly equal.
And so to, trade with other countries should be balanced. This country trading it's goods and materials with the rest of the world, in relative balance.
Its called a balance of trade for a reason. In in an ideal world, with a properly functioning economy, all things should be in balance. The economy itself should be balanced. With production and consumption roughly equal.
And so to, trade with other countries should be balanced. This country trading it's goods and materials with the rest of the world, in relative balance.
In the heart of Gloucester Massachusetts, stands one of the nation's first monuments to the supply chain. A monument to the brave folks who battled the North Atlantic to bring home the much needed sea food for the people of the North Shore.
In the heart of Gloucester Massachusetts, stands one of the nation's first monuments to the supply chain. A monument to the brave folks who battled the North Atlantic to bring home the much needed sea food for the people of the North Shore.
In the heart of Gloucester Massachusetts, stands one of the nation's first monuments to the supply chain. A monument to the brave folks who battled the North Atlantic to bring home the much needed sea food for the people of the North Shore.
In the heart of Gloucester Massachusetts, stands one of the nation's first monuments to the supply chain. A monument to the brave folks who battled the North Atlantic to bring home the much needed sea food for the people of the North Shore.
There is the same sort of formula, predictable, ever-present in nearly every major economic catastrophe. We saw it back in the 1970's, when a major external oil shock sent the economy into a tail spin.
There is the same sort of formula, predictable, ever-present in nearly every major economic catastrophe. We saw it back in the 1970's, when a major external oil shock sent the economy into a tail spin.
There is the same sort of formula, predictable, ever-present in nearly every major economic catastrophe. We saw it back in the 1970's, when a major external oil shock sent the economy into a tail spin.
There is the same sort of formula, predictable, ever-present in nearly every major economic catastrophe. We saw it back in the 1970's, when a major external oil shock sent the economy into a tail spin.
Government spending, it's something that we've become inured to. We all know that excessive spending, and it's subsequent debt, is bad.
But we're resigned to it. It seems so inevitable. It also seems like there is absolutely nothing that we can do about it.
Perhaps it's worthwhile to take a step back, and look at just how we got where we are.
Government spending, it's something that we've become inured to. We all know that excessive spending, and it's subsequent debt, is bad.
But we're resigned to it. It seems so inevitable. It also seems like there is absolutely nothing that we can do about it.
Perhaps it's worthwhile to take a step back, and look at just how we got where we are.
Government spending, it's something that we've become inured to. We all know that excessive spending, and it's subsequent debt, is bad.
But we're resigned to it. It seems so inevitable. It also seems like there is absolutely nothing that we can do about it.
Perhaps it's worthwhile to take a step back, and look at just how we got where we are.
Government spending, it's something that we've become inured to. We all know that excessive spending, and it's subsequent debt, is bad.
But we're resigned to it. It seems so inevitable. It also seems like there is absolutely nothing that we can do about it.
Perhaps it's worthwhile to take a step back, and look at just how we got where we are.
It can be a confusing time, for those of us who like to keep track of the economy, and where it may be headed.
Just last Thursday, as you'll recall, we were talking about how strong the economy looked.
It was announced that the Nation's Gross Domestic Product, it's GDP, came in at a remarkable 6.9% annualized growth rate for the fourth quarter of 2021.
It can be a confusing time, for those of us who like to keep track of the economy, and where it may be headed.
Just last Thursday, as you'll recall, we were talking about how strong the economy looked.
It was announced that the Nation's Gross Domestic Product, it's GDP, came in at a remarkable 6.9% annualized growth rate for the fourth quarter of 2021.
It can be a confusing time, for those of us who like to keep track of the economy, and where it may be headed.
Just last Thursday, as you'll recall, we were talking about how strong the economy looked.
It was announced that the Nation's Gross Domestic Product, it's GDP, came in at a remarkable 6.9% annualized growth rate for the fourth quarter of 2021.
It can be a confusing time, for those of us who like to keep track of the economy, and where it may be headed.
Just last Thursday, as you'll recall, we were talking about how strong the economy looked.
It was announced that the Nation's Gross Domestic Product, it's GDP, came in at a remarkable 6.9% annualized growth rate for the fourth quarter of 2021.
Farmers aren't like those of us who make Wall Street our home. We cry and moan over every little set back. We yell about the latest Federal Reserve decision that we don't like. We gripe about the latest corporate earnings report gone wrong.
Farmers aren't like those of us who make Wall Street our home. We cry and moan over every little set back. We yell about the latest Federal Reserve decision that we don't like. We gripe about the latest corporate earnings report gone wrong.
Farmers aren't like those of us who make Wall Street our home. We cry and moan over every little set back. We yell about the latest Federal Reserve decision that we don't like. We gripe about the latest corporate earnings report gone wrong.
Farmers aren't like those of us who make Wall Street our home. We cry and moan over every little set back. We yell about the latest Federal Reserve decision that we don't like. We gripe about the latest corporate earnings report gone wrong.
This week we've seen one of the most dramatic demonstrations of our lifetimes. A rag tag group of Truckers, starting in British Columbia in the West, traveled across country to the Canadian Capital of Ottawa.
Not since the protest of the Viet Nam War in the US, has North America seen such a large group of people amassed to make their voices heard. By most estimates at it's height the parade of trucks stretched for nearly 50 miles.
This week we've seen one of the most dramatic demonstrations of our lifetimes. A rag tag group of Truckers, starting in British Columbia in the West, traveled across country to the Canadian Capital of Ottawa.
Not since the protest of the Viet Nam War in the US, has North America seen such a large group of people amassed to make their voices heard. By most estimates at it's height the parade of trucks stretched for nearly 50 miles.
This week we've seen one of the most dramatic demonstrations of our lifetimes. A rag tag group of Truckers, starting in British Columbia in the West, traveled across country to the Canadian Capital of Ottawa.
Not since the protest of the Viet Nam War in the US, has North America seen such a large group of people amassed to make their voices heard. By most estimates at it's height the parade of trucks stretched for nearly 50 miles.
This week we've seen one of the most dramatic demonstrations of our lifetimes. A rag tag group of Truckers, starting in British Columbia in the West, traveled across country to the Canadian Capital of Ottawa.
Not since the protest of the Viet Nam War in the US, has North America seen such a large group of people amassed to make their voices heard. By most estimates at it's height the parade of trucks stretched for nearly 50 miles.
GDP Grew in that all important fourth quarter at the best rate in 33 years. While real estate and the stock market both appreciate by solid double digits.
Truly remarkable numbers.
But beware of the financial legerdemain which lead us to these levels. All that glitters was most definitely not gold.
GDP Grew in that all important fourth quarter at the best rate in 33 years. While real estate and the stock market both appreciate by solid double digits.
Truly remarkable numbers.
But beware of the financial legerdemain which lead us to these levels. All that glitters was most definitely not gold.
GDP Grew in that all important fourth quarter at the best rate in 33 years. While real estate and the stock market both appreciate by solid double digits.
Truly remarkable numbers.
But beware of the financial legerdemain which lead us to these levels. All that glitters was most definitely not gold.
GDP Grew in that all important fourth quarter at the best rate in 33 years. While real estate and the stock market both appreciate by solid double digits.
Truly remarkable numbers.
But beware of the financial legerdemain which lead us to these levels. All that glitters was most definitely not gold.
So overall I hope you can see that this economy is operating about 5% below, what it needs to just to regain economic balance.
The fact that we have such a stunning Goods Trade Imbalance is breathtaking.
So overall I hope you can see that this economy is operating about 5% below, what it needs to just to regain economic balance.
The fact that we have such a stunning Goods Trade Imbalance is breathtaking.
So overall I hope you can see that this economy is operating about 5% below, what it needs to just to regain economic balance.
The fact that we have such a stunning Goods Trade Imbalance is breathtaking.
So overall I hope you can see that this economy is operating about 5% below, what it needs to just to regain economic balance.
The fact that we have such a stunning Goods Trade Imbalance is stunning.
Instead what the Biden Administration did was to remove all diplomatic personnel from Ukraine. And I believe that's what caused the slide in equities on Monday, and continued on Tuesday.
It's not what they say after all that counts, it's what they do. And to remove all of America's diplomatic corps, makes quite a statement.
Instead what the Biden Administration did was to remove all diplomatic personnel from Ukraine. And I believe that's what caused the slide in equities on Monday, and continued on Tuesday.
It's not what they say after all that counts, it's what they do. And to remove all of America's diplomatic corps, makes quite a statement.
Instead what the Biden Administration did was to remove all diplomatic personnel from Ukraine. And I believe that's what caused the slide in equities on Monday, and continued on Tuesday.
It's not what they say after all that counts, it's what they do. And to remove all of America's diplomatic corps, makes quite a statement.
Instead what the Biden Administration did was to remove all diplomatic personnel from Ukraine. And I believe that's what caused the slide in equities on Monday, and continued on Tuesday.
It's not what they say after all that counts, it's what they do. And to remove all of America's diplomatic corps, makes quite a statement.
Let me begin today's discussion with a simple straight forward question: do you think that this is a strong economy? The answer to this question, will go a long way to understanding what's about to transpire.
Let me begin today's discussion with a simple straight forward question: do you think that this is a strong economy? The answer to this question, will go a long way to understanding what's about to transpire.
Let me begin today's discussion with a simple straight forward question: do you think that this is a strong economy? The answer to this question, will go a long way to understanding what's about to transpire.
Let me begin today's discussion with a simple straight forward question: do you think that this is a strong economy? The answer to this question, will go a long way to understanding what's about to transpire.
Like a defeated football team, the Biden Administration stumbles from event to event, already defeated.
You see this most especially in their dealing with the so called “Supply Chain.”
The economic issue that is destine to have the most impact on each of our lives, as the year 2022 unfolds.
Like a defeated football team, the Biden Administration stumbles from event to event, already defeated.
You see this most especially in their dealing with the so called “Supply Chain.”
The economic issue that is destine to have the most impact on each of our lives, as the year 2022 unfolds.
Like a defeated football team, the Biden Administration stumbles from event to event, already defeated.
You see this most especially in their dealing with the so called “Supply Chain.”
The economic issue that is destine to have the most impact on each of our lives, as the year 2022 unfolds.
Like a defeated football team, the Biden Administration stumbles from event to event, already defeated.
You see this most especially in their dealing with the so called “Supply Chain.”
The economic issue that is destine to have the most impact on each of our lives, as the year 2022 unfolds.
For as long as I can remember Tide, has been the way the Reavill Family washes their clothes. It's the detergent that my grandmother used, and the detergent that my mother used.
And we weren't alone. It seemed when I was growing up, that everyone used Tide. Going to school smelled like an aromatic advertisement for this very American Brand. Because all the boys and girls had that distinctive “Tide” smell.
For as long as I can remember Tide, has been the way the Reavill Family washes their clothes. It's the detergent that my grandmother used, and the detergent that my mother used.
And we weren't alone. It seemed when I was growing up, that everyone used Tide. Going to school smelled like an aromatic advertisement for this very American Brand. Because all the boys and girls had that distinctive “Tide” smell.
For as long as I can remember Tide, has been the way the Reavill Family washes their clothes. It's the detergent that my grandmother used, and the detergent that my mother used.
And we weren't alone. It seemed when I was growing up, that everyone used Tide. Going to school smelled like an aromatic advertisement for this very American Brand. Because all the boys and girls had that distinctive “Tide” smell.
For as long as I can remember Tide, has been the way the Reavill Family washes their clothes. It's the detergent that my grandmother used, and the detergent that my mother used.
And we weren't alone. It seemed when I was growing up, that everyone used Tide. Going to school smelled like an aromatic advertisement for this very American Brand. Because all the boys and girls had that distinctive “Tide” smell.
So my friend Jack, heads down to his favorite fast food place, for breakfast. A cup of coffee, and one of those breakfast sandwiches. It's 9 o'clock, and normally the shop has been open for a couple of hours by now. Jack goes in a little later to avoid the rush.
But there's no rush today. In fact the fast food place isn't even open. A lady at the window explains that the workers haven't shown up for work. And she's not sure when, or if, they're coming in.
So my friend Jack, heads down to his favorite fast food place, for breakfast. A cup of coffee, and one of those breakfast sandwiches. It's 9 o'clock, and normally the shop has been open for a couple of hours by now. Jack goes in a little later to avoid the rush.
But there's no rush today. In fact the fast food place isn't even open. A lady at the window explains that the workers haven't shown up for work. And she's not sure when, or if, they're coming in.
So my friend Jack, heads down to his favorite fast food place, for breakfast. A cup of coffee, and one of those breakfast sandwiches. It's 9 o'clock, and normally the shop has been open for a couple of hours by now. Jack goes in a little later to avoid the rush.
But there's no rush today. In fact the fast food place isn't even open. A lady at the window explains that the workers haven't shown up for work. And she's not sure when, or if, they're coming in.
So my friend Jack, heads down to his favorite fast food place, for breakfast. A cup of coffee, and one of those breakfast sandwiches. It's 9 o'clock, and normally the shop has been open for a couple of hours by now. Jack goes in a little later to avoid the rush.
But there's no rush today. In fact the fast food place isn't even open. A lady at the window explains that the workers haven't shown up for work. And she's not sure when, or if, they're coming in.
The year was 1972, and I was studying at the New York Institute of Finance. Preparing for a career in finance. My principal Professor was Charles McGolrick.
McGolrick was one of the colorful characters who filled Wall Street in those days. As a young man he had seen the destruction of the Great Stock Market Crash of 1920, and the ensuing depression.
The year was 1972, and I was studying at the New York Institute of Finance. Preparing for a career in finance. My principal Professor was Charles McGolrick.
McGolrick was one of the colorful characters who filled Wall Street in those days. As a young man he had seen the destruction of the Great Stock Market Crash of 1920, and the ensuing depression.
The year was 1972, and I was studying at the New York Institute of Finance. Preparing for a career in finance. My principal Professor was Charles McGolrick.
McGolrick was one of the colorful characters who filled Wall Street in those days. As a young man he had seen the destruction of the Great Stock Market Crash of 1920, and the ensuing depression.
The year was 1972, and I was studying at the New York Institute of Finance. Preparing for a career in finance. My principal Professor was Charles McGolrick.
McGolrick was one of the colorful characters who filled Wall Street in those days. As a young man he had seen the destruction of the Great Stock Market Crash of 1920, and the ensuing depression.
And this point is absolutely critical. Because the strategy the the Fed is adopting is to fight the excess cash in the system. Those fictional dollars that you are I don't really have.
By cutting back on liquidity injections and raising interest rates, the Fed is going to make cash harder to come by. At just the time that we're going to need a little boost.
And this point is absolutely critical. Because the strategy the the Fed is adopting is to fight the excess cash in the system. Those fictional dollars that you are I don't really have.
By cutting back on liquidity injections and raising interest rates, the Fed is going to make cash harder to come by. At just the time that we're going to need a little boost.
And this point is absolutely critical. Because the strategy the the Fed is adopting is to fight the excess cash in the system. Those fictional dollars that you are I don't really have.
By cutting back on liquidity injections and raising interest rates, the Fed is going to make cash harder to come by. At just the time that we're going to need a little boost.
And this point is absolutely critical. Because the strategy the the Fed is adopting is to fight the excess cash in the system. Those fictional dollars that you are I don't really have.
By cutting back on liquidity injections and raising interest rates, the Fed is going to make cash harder to come by. At just the time that we're going to need a little boost.
This week we've seen some of the critical reports on our economy.
Today we put it all together. I call it: “The Economy In A Nutshell.”
This week we've seen some of the critical reports on our economy.
Today we put it all together. I call it: “The Economy In A Nutshell.”
This week we've seen some of the critical reports on our economy.
Today we put it all together. I call it: “The Economy In A Nutshell.”
This week we've seen some of the critical reports on our economy.
Today we put it all together. I call it: “The Economy In A Nutshell.”
It's a question that I get fairly often.
Now we are all aware of the direct financial intervention that the Fed took as a result of the economic lock-down created as a response to the Covid-19 Pandemic which hit the economy hard beginning in 2020.
But isn't that pretty much over? And the Fed response also competed by now?
It's a question that I get fairly often.
Now we are all aware of the direct financial intervention that the Fed took as a result of the economic lock-down created as a response to the Covid-19 Pandemic which hit the economy hard beginning in 2020.
But isn't that pretty much over? And the Fed response also competed by now?
It's a question that I get fairly often.
Now we are all aware of the direct financial intervention that the Fed took as a result of the economic lock-down created as a response to the Covid-19 Pandemic which hit the economy hard beginning in 2020.
But isn't that pretty much over? And the Fed response also competed by now?
It's a question that I get fairly often.
Now we are all aware of the direct financial intervention that the Fed took as a result of the economic lock-down created as a response to the Covid-19 Pandemic which hit the economy hard beginning in 2020.
But isn't that pretty much over? And the Fed response also competed by now?
Today, I live next to perhaps the largest Amish Community in the nation. A community which is essentially cashless.
And, of course, there are thousands of people around the nation, who live a non-materialistic lifestyle. A lifestyle that is not based on cash flow.
So how is it that we now have this concept, that everyone needs to be compensated for their “cost of living?”
From a purely financial perspective, the first year of President Joseph Robinette Biden, has been unique in our country's history. In the last half century, no modern President has come even close to spending our Nation's wealth at the rate that Biden has.
From a purely financial perspective, the first year of President Joseph Robinette Biden, has been unique in our country's history. In the last half century, no modern President has come even close to spending our Nation's wealth at the rate that Biden has.
From a purely financial perspective, the first year of President Joseph Robinette Biden, has been unique in our country's history. In the last half century, no modern President has come even close to spending our Nation's wealth at the rate that Biden has.
From a purely financial perspective, the first year of President Joseph Robinette Biden, has been unique in our country's history. In the last half century, no modern President has come even close to spending our Nation's wealth at the rate that Biden has.
In my professional life, I've rarely run into a topic as polarizing as the “Vax” the Covid 19 Vaccine. From all reports, by now nearly half the population have themselves taken the “Vax,” while nearly half the population has now.
In my professional life, I've rarely run into a topic as polarizing as the “Vax” the Covid 19 Vaccine. From all reports, by now nearly half the population have themselves taken the “Vax,” while nearly half the population has now.
In my professional life, I've rarely run into a topic as polarizing as the “Vax” the Covid 19 Vaccine. From all reports, by now nearly half the population have themselves taken the “Vax,” while nearly half the population has now.
In my professional life, I've rarely run into a topic as polarizing as the “Vax” the Covid-19 Vaccine. From all reports, by now nearly half the population have themselves taken the “Vax,” while nearly half the population has now.
Today we'll get no fewer than nine different reports on the American Workers, what economists call the “Labor Market.”
Now I don't have to tell you that the labor market is tight. You see “help wanted” signs where ever you go. The check outline at the grocery is longer than it used to be. Fewer check out people. Bank tellers are hard to find.
Today we'll get no fewer than nine different reports on the American Workers, what economists call the “Labor Market.”
Now I don't have to tell you that the labor market is tight. You see “help wanted” signs where ever you go. The check outline at the grocery is longer than it used to be. Fewer check out people. Bank tellers are hard to find.
Today we'll get no fewer than nine different reports on the American Workers, what economists call the “Labor Market.”
Now I don't have to tell you that the labor market is tight. You see “help wanted” signs where ever you go. The check outline at the grocery is longer than it used to be. Fewer check out people. Bank tellers are hard to find.
Today we'll get no fewer than nine different reports on the American Workers, what economists call the “Labor Market.”
Now I don't have to tell you that the labor market is tight. You see “help wanted” signs where ever you go. The check outline at the grocery is longer than it used to be. Fewer check out people. Bank tellers are hard to find.
But there remains one public institution, where such coarse speech is out of place: the Federal Reserve's Open Market Committee. The Committee lives in the world of the subtle and understated.
But there remains one public institution, where such coarse speech is out of place: the Federal Reserve's Open Market Committee. The Committee lives in the world of the subtle and understated.
But there remains one public institution, where such coarse speech is out of place: the Federal Reserve's Open Market Committee. The Committee lives in the world of the subtle and understated.
But there remains one public institution, where such coarse speech is out of place: the Federal Reserve's Open Market Committee. The Committee lives in the world of the subtle and understated.
It's the question that I find myself asking nearly everyday: are we in a melt up boom?
First a little background. A melt up boom, is a sudden, unexpected rise in the price of an asset. It is, from my point of view, largely a psychological phenomena.
It's the question that I find myself asking nearly everyday: are we in a melt up boom?
First a little background. A melt up boom, is a sudden, unexpected rise in the price of an asset. It is, from my point of view, largely a psychological phenomena.
It's the question that I find myself asking nearly everyday: are we in a melt up boom?
First a little background. A melt up boom, is a sudden, unexpected rise in the price of an asset. It is, from my point of view, largely a psychological phenomena.
It's the question that I find myself asking nearly everyday: are we in a melt up boom?
First a little background. A melt up boom, is a sudden, unexpected rise in the price of an asset. It is, from my point of view, largely a psychological phenomena.
If there's one thing we can rely on it's the United States Dollar. The world's reserve currency. Our store of value and medium of exchange. The standard by which all other financial assets are measured.
But what if I told you that today's dollar, is not the same as the dollar of just a couple of years ago. Oh, I'm not talking about some vast conspiracy, where some nefarious people backed up a truck and unloaded all the dollars from our nation's vaults.
If there's one thing we can rely on it's the United States Dollar. The world's reserve currency. Our store of value and medium of exchange. The standard by which all other financial assets are measured.
But what if I told you that today's dollar, is not the same as the dollar of just a couple of years ago. Oh, I'm not talking about some vast conspiracy, where some nefarious people backed up a truck and unloaded all the dollars from our nation's vaults.
If there's one thing we can rely on it's the United States Dollar. The world's reserve currency. Our store of value and medium of exchange. The standard by which all other financial assets are measured.
But what if I told you that today's dollar, is not the same as the dollar of just a couple of years ago. Oh, I'm not talking about some vast conspiracy, where some nefarious people backed up a truck and unloaded all the dollars from our nation's vaults.
If there's one thing we can rely on it's the United States Dollar. The world's reserve currency. Our store of value and medium of exchange. The standard by which all other financial assets are measured.
But what if I told you that today's dollar, is not the same as the dollar of just a couple of years ago. Oh, I'm not talking about some vast conspiracy, where some nefarious people backed up a truck and unloaded all the dollars from our nation's vaults.
We discussed last week, what is rapidly becoming my central thesis for the year 2022: The Year Of Uncertainty.
Essentially for anyone who models the economy, last year was the year when you just had to “plug in” a number. You didn't know what the real number was. So you just used your best estimate of what you thought should be the number.
We discussed last week, what is rapidly becoming my central thesis for the year 2022: The Year Of Uncertainty.
Essentially for anyone who models the economy, last year was the year when you just had to “plug in” a number. You didn't know what the real number was. So you just used your best estimate of what you thought should be the number.
We discussed last week, what is rapidly becoming my central thesis for the year 2022: The Year Of Uncertainty.
Essentially for anyone who models the economy, last year was the year when you just had to “plug in” a number. You didn't know what the real number was. So you just used your best estimate of what you thought should be the number.