It is only fitting that the twilight days of the Biden admin would exhibit more of the same fakeness that defined not only all of the past four years, but certainly the fakeness of that Kamala Harris presidential campaign which had a billion dollars
Investor exuberance has rarely been so optimistic. In a recent post, we discussed investor expectations of returns over the next year, according to the Conference Board's Sentiment Index.
As we all know, both the purchase price and the interest rate have gone up significantly, pushing the mortgage payment as a percentage of median household income up to levels that exceed the previous peak in Housing Bubble #1 circa 2006-08.
I've been closely following the freight market, and it's clear that the Great Freight Recession has ended. After the most prolonged freight recession in history, the market has been showing signs of recovery over the past few months.
Have you ever been in a sports league or played on a rec team? You wake up in the morning thinking about the big game coming and psyching yourself up for the big win. Nothing is going to stop you – you are pumped!
It's been a historic week in American politics as well as in financial markets. Following Donald Trump's triumph at the ballot box, the S&P 500 spiked to a new record high.
As this election cycle has demonstrated yet again, Democrats are not shy about calling for tax increases. In every election cycle they call for more taxes, whether through corporate taxes or through taxes on unrealized capital gains.
As the United States braces for the aftermath of a decisive Trump victory for the Presidency, the principles of sound money seem destined to take a backseat to what is politically expedient – at least at the federal level.
It is that time of the year again. The Social Security Administration has finally released the final wage statistics for 2023, and they are quite sobering.
Amid the madness and superficiality of US presidential campaign politics, suddenly there is serious talk about the Federal Reserve and...cutting government spending!
Peter Schiff analyzes recent economic data, jobs report, GDP numbers, inflation concerns, and criticizes government policies. He discusses impacts on markets, gold, and cryptocurrency.
As outlined in the graphic below, there are seven key indicators to watch as the US government falls deeper into the self-perpetuating debt spiral that I think will culminate in the collapse of the US dollar.
A podium sign bearing the official seal of the US Treasury fell last week as Biden Treasury Secretary Janet Yellen took questions from reporters at the IMF and World Bank's annual meeting.