Has Pfizer and BioNTech solved our economic woes? The companies announced that they had developed a new coronavirus vaccine that has an effective rate of 90 percent. It requires two doses, and they will start manufacturing 1.3 billion doses next year. It’s all about the logistics and distribution. The announcement triggered a huge rally on […]
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U.S. economy grew at record 33% in Q3 – but much of it was artificial
The United States is coming off a historic annualized 33% economic expansion in the third quarter, according to the Bureau of Economic Analysis (BEA). This follows a 31.4% year-over-year collapse in the second quarter. This is tremendous news for President Donald Trump with only days until the election. But it’s not that good when you […]
The war on savers has only just begun
By: Andrew Moran Is it a punishment to be a saver in today’s economy? A buck buys a nickel’s worth, your bank pays you pennies on the dollar for your deposits, and the only way to beat inflation is to dive into the stock market. This is not normal. For more than a decade, the central banking cabal […]
REPORT: Jeff Bezos in talks to buy CNN as part of quest to be ‘Rupert-Murdoch-On-Steroids’
Is Jeff Bezos about to become the most powerful man in America? Fox Business Senior Business Correspondent Charles Gasparino broke a masive story on Twitter and on cable news that Amazon founder and CEO Jeff Bezos is in talks to purchase CNN from AT&T. Here is the tweet: BREAKING: Is @amazon chief and @washingtonpost owner […]
Not The Babylon Bee – Federal Reserve says it wants to avoid asset bubbles
By: Andrew Moran The Federal Reserve has recently remodeled the Eccles Building into a comedy club, turning guidance into satire and monetary policy into a joke. Did the U.S. central bank consult with the geniuses behind the satirical website The Babylon Bee? Senior officials at the world’s most powerful institution are now debating implementing tougher regulations to […]