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Inflation shock— what can the Fed do?

Inflation shock— what can the Fed do?

On July 13, the Bureau of Labor Statistics released the latest inflation data, which shows that the Fed remains unable to reign in spiking prices. For the year ending in June, the consumer price index rose 9.1%, the highest since 1981.   Three categories are the main...
Russia Reacts to Financial Sanctions

Russia Reacts to Financial Sanctions

Recently, I wrote about my concerns about the weaponization of the dollar in response to the Russian invasion of Ukraine. US and EU leaders implemented unprecedented financial sanctions against Moscow to cripple the Russian economy and force them to end the war. So...
The Courage During the Battle of Baltimore

The Courage During the Battle of Baltimore

On July 4th, we celebrate the independence of the United States from Great Britain. The Revolutionary War lasted eight years and cost the lives of approximately 6,800 soldiers. In the end, through blood and sacrifice, our country was born, based on the belief “that...
Is a Recession Coming?

Is a Recession Coming?

The US economy has suffered one blow after another over the past couple of years, and recession warnings are mounting — from Deutsche Bank, the World Bank, and Morgan Stanley to Elon Musk and Jamie Dimon. And, according to a CNBC survey, 80 percent of small-business...
The Social Security Sinkhole

The Social Security Sinkhole

For several months, we have written about the risk a coming financial and economic meltdown due to uncontrolled inflation, the dollar facing increased competition, and the global impacts of the coronavirus pandemic and the Russia–Ukraine war. Towards the end of 2021,...
Are the Market Wheels Coming Off?

Are the Market Wheels Coming Off?

For several months, we have written about the risk a coming financial and economic meltdown due to uncontrolled inflation, the dollar facing increased competition, and the global impacts of the coronavirus pandemic and the Russia–Ukraine war. Towards the end of 2021,...