Story by Taylor Giorno, The Hill, 2/6/24 SOURCE: https://www.msn.com/en-us/money/markets/powell-the-us-is-on-an-unsustainable-fiscal-path/ar-BB1hLOD2?ocid=msedgntp&pc=U531&cvid=4464e15dfe1f499dba641f909b14db6e&ei=18 Federal Reserve Chair Jerome Powell said “the U.S. is on an unsustainable fiscal path” in a…
Story by Jennifer Sor, Market Insider, 1/30/24 SOURCE: https://www.msn.com/en-us/money/markets/black-swan-author-nassim-taleb-says-the-us-is-heading-for-a-debt-death-spiral/ar-BB1hv0JP?ocid=msedgntp&pc=U531&cvid=9cbd98935dd7412dad72be8443f779db&ei=15 The US is facing a “death spiral” as a result of its mounting debt and the…
Story by Teri Sforza, The Orange County Register, 12/24/23 SOURCE: https://www.msn.com/en-us/money/markets/what-s-behind-california-s-skyrocketing-spending-and-68-billion-deficit/ar-AA1lYXC9?ocid=msedgntp&cvid=66ac55e4adaf4e4a9c19deaecf564fe0&ei=17 Is California on a bender? The state’s per-capita spending has more than tripled over the past…
Story by Bethan Moorcraft, Moneywise, 11/29/23 SOURCE: https://www.msn.com/en-us/money/realestate/crisis-is-assured-famed-investor-peter-schiff-says-us-rates-will-remain-much-higher-forever-here-s-what-that-could-mean-for-you/ar-AA1kIGwZ?ocid=msedgntp&cvid=f021420ef1a349c68fb3f083c19ba844&ei=66 American stockbroker and financial commentator Peter Schiff isn’t feeling positive about the U.S. economy. With inflation proving sticky —…
Story by Jennifer Sor, Martkets Insider, 11/13/2023 SOURCE: https://www.msn.com/en-us/money/markets/one-of-wall-street-s-biggest-bears-says-a-huge-crash-is-coming-as-markets-are-in-the-biggest-credit-bubble-in-history/ar-AA1jRGmx?ocid=msedgntp&cvid=d6d06d3b3be34b27aa7c2a7f040ef462&ei=9 One of Wall Street’s most pessimistic hedge fund managers is sounding the alarm for a coming…
Story by Shannon Thaler, New York Post, 11.9.23 SOURCE: https://www.msn.com/en-us/money/markets/ken-griffin-warns-inflation-could-persist-for-decades-as-us-spends-like-a-drunken-sailor/ar-AA1jFIKx?ocid=msedgntp&cvid=52f9e555ea024aada2a94cdd70ef9222&ei=53 Billionaire Ken Griffin said stiff inflation could persist “for decades” as wars in Ukraine and…
Story by Theron Mohamed, 10/31/23 SOURCE: https://www.msn.com/en-us/money/markets/janet-yellen-made-the-worst-mistake-in-treasury-history-when-she-failed-to-lock-in-cheap-debt-elite-investor-stanley-druckenmiller-says/ar-AA1j9FJg?ocid=msedgntp&cvid=354996addaf54525b2a159a672ee553c&ei=12 Janet Yellen made the worst mistake in the history of the Treasury, which has helped pave the way…
Story by Desmond Lachman, Barron’s, 10/19/23 SOURCE: https://www.msn.com/en-us/money/markets/the-bond-markets-are-sending-a-warning-to-washington/ar-AA1iwC52?ocid=msedgntp&cvid=45b3f1d48fe047958eb4c5b8fbf85a84&ei=12 About the author: Desmond Lachman is a senior fellow at the American Enterprise Institute. He was previously a deputy…
Story by Kevin T. Dugan, Intelligencer, 10/18/23 SOURCE: https://www.msn.com/en-us/money/savingandinvesting/the-24-trillion-problem-haunting-wall-street/ar-AA1ir5tq?ocid=msedgntp&cvid=6b3d29dc3cb2458683d616023e70bfde&ei=16 When Wall Street sizes up the world’s risks, one way traders make their bets on the…
Story by Will Kessler, The Daily Caller, 10/15/23 SOURCE: https://www.msn.com/en-us/money/markets/runaway-inflation-unlikely-to-be-reeled-in-under-biden-administration-experts-say/ar-AA1ig778?ocid=msedgntp&cvid=0228ac2d033a4c7fbec13ab0bac14b1a&ei=15 As long as President Joe Biden continues his high government spending policies, inflation is not…
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