By: Andrew Moran Will President Joe Biden’s $1.9 trillion America Rescue Plan Act decimate the nation’s finances? That ship sailed a long time ago as the country’s fiscal reckoning was already penciled in by the grim reaper in accounting. Republicans, many of whom abandoned the cause of balancing the books of the last four years, are wringing […]
Read FOMC statement for March here
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. Read: Fed sees no rate hikes through 2023 despite some inflation overshoot The COVID-19 pandemic is causing tremendous human and economic hardship across the United States […]
WATCH: 5 ways billionaires get rich at taxpayers expense
Elon Musk is a genius, and perhaps the best affluent troller on the web. Despite his incredible acumen, he became a billionaire by exploiting the government’s subsidies, tax breaks, and a broad array of other handouts. Reason TV produced this video and it’s worth checking out.
Are we in the shoeshine boy phase of the stock market bubble?
By: Andrew Moran Knowing when to take the money and run in the stock market has perplexed institutional and armchair investors for years. It is a conundrum for too many people. If you sell too early, you risk losing out on more gains. If you sell too late, you place your profits in danger. One investment legend […]
U.S. average gasoline prices surge to $2.79
Have you noticed gasoline prices are climbing. According to GasBuddy, the national average price of gas has risen for the ninth consecutive week, adding five cents per gallon to $2.79. This is way up from last year’s low of $1.75. You can expect to pay more in certain states and less in others. The states […]