In recent years, studies have found that most people only read headlines and not the main story. If they do take the time to read the news article, then they’ll only peruse the couple of paragraphs. This is dangerous, especially when the fake news media distorts, manipulates, and lies about events. A recent example of […]
Archives for December 2018
BREAKING: Federal Reserve defies Trump, raises interest rates
They did it! The Federal Reserve raised interest rates by 25 basis points to a target range of 2.25 to 2.50%. The move defies President Donald Trump, who encouraged the Eccles Building to hold off any rate hikes. The central bank did announce that it would trim its forecast from three planned rate hikes in […]
U.S. junk bond market is dying a slow death in December
Is the market for junk bonds dying? It looks like it, according to the latest numbers. The Financial Times is reporting that there have been zero junk bonds sales in December as interest rates gradually inch higher and volatility rock global financial markets. So far this month, there has yet to be a single U.S. […]
Natural gas prices surge 6% on polar vortex forecast
Natural gas is rallying again on a bullish winter weather forecast. Could the energy commodity top $4 again in the coming weeks? According to researchers at the Atmospheric and Environmental Research (via The Washington Post), a polar vortex is expected to pound the East Coast later this month and into January. This will bring heavy […]
China, Japan slash U.S. debt holdings in November
Most foreign holders of U.S. Treasury securities are slashing their holdings, including the two biggest holders of American debt. According to Treasury data, China reduced its holdings from $1.151 trillion in September to $1.138 trillion in October. Japan followed suit, decreasing its holdings from $1.028 trillion to $1.018 trillion. This represents the fifth straight month […]