by | Sep 26, 2023 | Uncategorized
In early 2020, the Fed’s benchmark interest rates hovered near zero, and inflation was 1.06 percent. By March 16, 2022, the highest inflation in 40 years had gripped the nation, and the Fed started raising rates to tamp it down. Now, after 11 rate hikes in 18...
by | Sep 21, 2023 | Uncategorized
On September 18, 2023, the day before the Federal Open Market Committee meeting, Senator Rick Scott sent letters to three of the recently confirmed Federal Reserve Board of Governors members, asking for their commitment “to fix the Federal Reserve’s misguided path...
by | Sep 15, 2023 | Uncategorized
In March 2023, former Treasury Secretary Larry Summers famously said America may be facing a “Wile E. Coyote” moment — where the economy has run off the cliff without realizing it and is headed for a hard landing. Around the same time, JP Morgan warned the economy...
by | Sep 7, 2023 | Uncategorized
Once upon a time, financially responsible Americans looked forward to their Golden Years. After years of saving money, retirement meant carefree time to spend with friends, enjoy hobbies or travel the world. But now, according to a startling survey by Allianz...
by | Sep 1, 2023 | Uncategorized
Over the last 90 days… While political scandals, UFO disclosure hearings and Hollywood shenanigans held America spellbound… The US government quietly racked up another $1.3 trillion in debt. And now, the nation’s debt bill is within striking distance of $33...
by | Aug 24, 2023 | Uncategorized
Take a close look at this official chart… What you’re seeing is the latest Consumer Price Index data published by the U.S. Bureau of Labor Statistics. And at first blush, it looks like inflation is falling fast. President Biden chalked it up to his “Inflation...
