Independent thinking for complex markets and current events
Trump isn’t holding back. He claims his administration discovered massive kickbacks in the federal government, citing a review of 200 expenditures where only three looked legitimate. This isn’t just poor management—it’s a corrupt system robbing the American people blind. Every dollar spent is a potential kickback, and taxpayers are left footing the bill. JUST IN: …
Amazon CEO Andy Jassy is trying to reassure investors who may be worried about the future payoff of the company’s massive investments in generative artificial intelligence. On a conference call with analysts following the company’s third-quarter earnings report on Thursday, Jassy pointed to the success of Amazon’s cloud computing business, Amazon Web Services, which has become a crucial …
By Martin Armstrong Clinton’s Gimmick Shifting to Short-term Funding to Reduce Interest Expenditures. I wrote as a guest columnist for the Wall Street Journal back on April 19, 1995, dealing with an issue that seemed to go over everyone’s head. At the time, President Clinton (1993-2001) was able to balance the budget, and nobody seemed …