Independent thinking for complex markets and current events
The common prediction that the Federal Reserve will cut rates as a response to an economic downturn due to high interest rates misses a significant global economic factor: the widespread collapse of major currencies, driven by governments’ heavy spending to fend off recessions. This scenario complicates the traditional narrative of monetary policy response. Around the …
Just riding around in his car that had tinted windows… wearing a balaclava. Armed. Totally normal stuff. https://t.co/CLD6iBKRc0 — Ian Miles Cheong (@ianmiles) April 11, 2024 The media is fixating solely on the fact that the police fired nearly 100 shots at the suspect. Chicago politicians, led by Mayor Brandon Johnson, are painting the police …
Biden’s Dept of Fake Data persists in downplaying the dire jobs situation, risking the stability of the economy. Job openings are plummeting, mirroring past financial crises, as the consumer’s dwindling savings set off alarming warnings about impending economic turmoil. Biden's Dept of Fake Data doing its thing: August jobs revised down by 62,000, from +227K …