Joe Biden’s Inflation Reduction Act “Secretly” Brought To You By Bill Gates
The Democrats’ “Inflation Reduction Act” – which according to the Congressional Budget Office will raise taxes on the middle class to the tune of $20...
Democrats’ Inflation Bill Will ‘Absolutely’ Raise Gas, Electricity Prices for Americans, Expert Says
The Democrats’ Inflation Reduction Act (IRA) will see Americans forking out more for electricity and gasoline, experts have warned. President Joe Biden on Tuesday signed the Democrat-backed...
FOMC Minutes: Anticipation For “Rate Increases” But Risk Fed Could Tighten “More Than Necessary”; Financial Conditions Already “Tightened Notably”
As we wrote in our preview to the Minutes from the July FOMC, expectations were wide ranging: on one hand the minutes were expected to...
The Magic Formula For REIT Investing (What Will The Fed Do?) Powellburg Omen?? – Confounded Interest – Anthony B. Sanders
Real estate investment trusts (REITs) are an interesting asset class, allowing investors to purchase shares in large-ticket assets like multi-family properties or shopping centers. But...
A Third Quarter of Negative GDP is Now Highly Likely – Mish Talk
GDPNow data from Atlanta Fed, chart by Mish. Please consider the latest GDPNow Estimate for third-quarter 2022 GDP. The GDPNow model estimate for real GDP...
The Dangerous Assumption Embedded In Today’s P/E Ratios – The Felder Report
Many investors like to use price-to-earnings ratios as a short-hand valuation tool for both individual equities and the broad stock market. Most of the time...
S&P 3500 By Year End If QT Continues
“Don’t Fight the Fed” echoes through the financial media, Wall Street, and in the minds of retail and institutional investors. The phrasing pertaining to Fed-generated...
US in ‘hangover’ stage as ‘reopening euphoria is ending’: Former Toys ‘R’ Us CEO
Former Toys ‘R’ Us CEO Gerald Storch argues that sentiment is reflected in retail earnings reports and the new data that showed Americans pulled back...
Yellen directs IRS to develop plan for $80B overhaul within 6 months
Former investment banker Carol Roth and former CKE Restaurants CEO Andy Puzder discuss Democrats’ strategy to combat rising inflation on ‘The Evening Edit.’ Treasury Secretary...
How The U.S. Made Inflation Worse
Not a bad primer video from CNBC on the Fed’s policy mistakes, which we all are now, literally, paying for. I would add that monetary...