It was not exactly a great day for the U.S. economy. Let's break it down on Tuesday. The S&P Global Manufacturing Purchasing Managers' Index (PMI) for July came in at 49, up from 46.3 in June and matched the consensus estimate. The problem? … [Continue reading] about Bidenomics: Manufacturing recession continues, U.S. labor market slows
World Economic Forum goes full Mao, proposes ‘degrowth’ for global economy
By: Andrew Moran Is the World Economic Forum promoting Maoism? In November 2018, Liberty Nation wrote, “Mao’s Great Leap Forward was a great leap forward in setting democidal records.” Indeed, Maoism resulted in tens of millions of deaths, driven … [Continue reading] about World Economic Forum goes full Mao, proposes ‘degrowth’ for global economy
JPMorgan: Gold prices will touch $2,000 this year, rally to $2,175 by end of 2024
Gold prices will hit $2,000 by the end of the year. This is the message from JPMorgan Chase economists. JP Morgan executive director of global commodities research Greg Shearer said in a recent research note that gold prices are projected to … [Continue reading] about JPMorgan: Gold prices will touch $2,000 this year, rally to $2,175 by end of 2024
Read full FOMC statement as Federal Reserve raises interest rates to highest level since March 2001
The Federal Reserve raised interest rates to their highest levels since 2001. Officials pulled the trigger on a quarter-point increase, lifting the benchmark fed funds rate to 5.25 percent and 5.50 percent. Here is the full Federal Open Market … [Continue reading] about Read full FOMC statement as Federal Reserve raises interest rates to highest level since March 2001
WATCH: Mitch McConnell, 81, has a mental freeze at Senate GOP presser
Age limits now? This is the clarion call in the Twitterverse after Senate Minority Leader Mitch McConnell (R-KY) had a mental collapse in front of reporters. Here is the clip: https://www.youtube.com/watch?v=BsTFsMtcsvg … [Continue reading] about WATCH: Mitch McConnell, 81, has a mental freeze at Senate GOP presser