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Back in July, when we last looked at the unprecedented horror show that is the US budget deficit - and concluded correctly, long before the Q2 Quarterly Refunding Announcement...
Is The Panama Government About to Collapse and What Would That Mean for America?
'They Can Outbid Your Children': RFK Jr. Warns That Corporations Are 'Trying To Buy Every Single-Family Home' In America -- And They Are On Track To Own 60% Of Homes By 2030
I truly wish that headline was an exaggeration. Unfortunately, for decades Americans have been extremely irresponsible with their finances.
Faced with growing American frustration over more than $100 billion spent on a failed proxy war in Ukraine, President Biden's handlers have hit on a gimmick to convince us that this foreign aid is actually an investment in our own economy!
In the international fixed-income markets, interest rates are rising, and the decades-long trend of declining bond yields has undoubtedly been broken.
Maybe the question isn't just "how much do you spend on food," but "what value are you getting for what you spend in time and money for food?"
When you are faced with an existential threat to your very national survival, this is what you do.
The purpose of government is not to be married to corporations, with each reinforcing the other. Government's legitimate role is not for the protection and growth of corporate profits; and corporations are not meant to strengthen government's destruc
The market reaction to yesterday's FOMC meeting was decidedly dovish. The notion the Fed will get in another rate hike just went out the window.
Recent data from Edmunds reveals that an unprecedented 17% of American car purchasers now have monthly car payments of $1,000, a significant increase from just 7% three years ago.
The yield that matters is on 10-year Treasurys, which is up 1.5 percentage points so far this year.
Zillow Group Inc. and other real estate stocks plunged after a Missouri jury struck a fresh blow against the battered industry, finding that the National Association of Realtors colluded to maintain high brokerage commissions.
The Treasury Department announced plans Wednesday to accelerate the size of its auctions as it looks to handle its heavy debt load and with financing costs rising.
The US Treasury Department said it expects to borrow $776 billion in the final quarter of this year, the most the government has ever borrowed during a fourth quarter.
Does the massive national debt matter?
Despite the fact that our politicians in Washington have been borrowing and spending trillions of dollars that we do not have in a desperate attempt to prop up the economy, living paycheck to paycheck has become a permanent lifestyle for most America
Existing home prices climb another one percent in August according Case-Shiller data released today. Case-Shiller lags but it's the best measure of home prices readily available.
Charles Schwab, the largest publicly traded US brokerage firm, began laying off employees on Monday in an effort to streamline its business model by reducing expenses ahead of next year, which could be full of turbulence in financial markets.
Here they go again! New US Speaker of the House Mike Johnson was chosen to replace a Speaker McCarthy over McCarthy's determination to continue dumping billions into Ukraine.
Gen Z Is Having LESS BABIES Which Will Help Millennials & Create Crazy Market COLLAPSE
The Biden administration's war on fossil fuels would cost the average American household more than $9,100 per year, according to a consumer watchdog.
Poor sugar and cocoa harvests in Mexico, India, and the Ivory Coast, primarily due to El Nino-induced weather disturbances like low rainfall, have caused a spike in candy prices for the second consecutive year. Surging prices are leading some consume
The United States is borrowing its way to disguise recession.
". . . but how do I make money from this information, James?" is a question I receive from time to time.
Federal Deficit on The Rise, Will The New House Speaker Help? - With Guest Phillip Patrick
Current developments on the inflation front should be a stark reminder that discretionary monetary policy is one of the great–if not the greatest-- statist cons of our times.
New House Speaker Mike Johnson vows to send BILLIONS of U.S. taxpayer dollars to defend Israel while America's own border remains undefended
Since 1980, US government debt has exploded, soaring from a modest 31% to a staggering 120% of GDP. Meanwhile, 10-year Treasury yields have plummeted from 15% to 4.8%.
President Biden called the latest jobs numbers as "Bidenomics in action." The elderly president, who sometimes appears to exhibit strong signs of 'cognitive fog,' said he "continues to fight to build an economy from the middle out and bottom up."
