The U.S. annual inflation report came in at an astounding 7.7 percent. America's consumer price index (CPI) has not been this low since January. It was also the first time that inflation was below eight percent since February. But while … [Continue reading] about 5 key takeaways from the 7.7% October inflation report
Joe Biden thinks Russia invaded Iraq
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 … [Continue reading] about Joe Biden thinks Russia invaded Iraq
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 … [Continue reading] about Cleveland Fed Bank’s Nowcast forecasting 8.1% inflation tomorrow
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 … [Continue reading] about Elon Musk to Independents: Vote Republican
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 … [Continue reading] about Eve of 2022 midterm elections: Dead heat in the Senate, Republicans favored to win the House