If you thought former President George W. Bush was two fries short of a Happy Meal, then you might not have paid attention to President Joe Biden. Speaking to reporters during a post-election press conference, Biden suggested that Russia invaded Iraq. Yikes. “I think the context is that whether or not they’re pulling back from […]
Archives for November 2022
Cleveland Fed Bank’s Nowcast forecasting 8.1% inflation tomorrow
On the eve of CPI Day, the market is anticipating a headline print of eight percent for October. If accurate, it would be a notable drop from the 8.2 percent in the September report. But not everyone is expecting the eight percent figure. The Federal Reserve Bank of Cleveland’s Nowcast is projecting an October reading […]
Elon Musk to Independents: Vote Republican
Billionaire CEO and “Chief Twit” Elon Musk has a message for “independent-minded voters”: Vote Republican on Tuesday. The world’s richest man tweeted that “shared power curbs the worst excesses of both parties,” so he recommended “voting for a Republican Congress, given that the Presidency is Democratic.” “Hardcore Democrats or Republicans never vote for the other […]
Eve of 2022 midterm elections: Dead heat in the Senate, Republicans favored to win the House
On the eve of Election Day 2022, will the Republicans retake control of the House and Senate? Will the Democrats declare a Republican victory as a result that destroys democracy? How will the financial markets respond? The next 48 hours should be fascinating. Anyway, according to FiveThirtyEight, here is what the analysts are anticipating: 2022 […]
Joe Biden confirms again ‘no more drilling’ for oil
Yikes. This is not the way to win Pennsylvania or Ohio. President Joe Biden recently proclaimed in a speech that there is “no more drilling” under his administration. The White House has engaged in a war on the fossil fuel industry, as it aims to appease the far-left radicals that want to install solar panels […]