The Fed is now telling us that it can avoid a recession… or engineer a “soft landing.” It’s a pretty stunning argument… and it raises questions as to whether the Fed actually believes this stuff… … Read more
Here’s How to Profit From It! The U.S. is in recession. A recession is not coming, it’s already here. I know it. You know it. Just look around you. Yes, restaurants and airports are packed… but … Read more
The Biden Administration reiterated that its $1.9 trillion 2021 American Rescue Plan awarded “resilience” to the US economy. The remarks come after the plan, and the administration’s overall spending came under harsh criticism from economists on both … Read more
The White House has to be missing its former head of propaganda, Jen Psaki. The new White House Press Secretary Karine Jean-Pierre attempted to face off against Fox’s Peter Doocy and failed epically. Jean-Pierre, who … Read more
Just two weeks ago, Target dropped the most since 1987’s Black Monday after the retailer warned profits would come in well below expectation due to soaring inflation eating into profit margins and would also impact … Read more
Unfortunately for Biden, the Great Unwashed is not gullible enough to accept his explanation that Putin is to blame for inflation. A Convention of States Action/Trafalgar Group survey found that most respondents (59.9%) believe Biden’s policies … Read more
Make no mistake about it: for the last few months, I have been writing that I am waiting for a real capitulation moment – a moment of real fear and panic selling – to indicate … Read more
Back in 2007, Nancy Pelosi was quick to blame the Bush Administration for rising gas prices. In 2018, Pelosi tweeted, “The price of regular unleaded gas has climbed 20% over the last year (thanks to … Read more
Central banks were ostensibly designed to smooth out fluctuations in the economy and financial markets in order to avoid major financial crises. Unfortunately, they have done the exact opposite. Central bank interventions in markets around … Read more
‘Without sustained rapid wage growth, an inflation spike can’t become a spiral,’ one observer said Inflation is hot just like the job market, but the March jobs report showed there aren’t a lot of jobs … Read more