Biden should fire Janet Yellen for misleading Americans on economy
New Hampshire Gov. Chris Sununu said on Sunday that he thinks President Biden should fire Treasury Secretary Janet Yellen for misleading Americans on the state...
XAUUSD drops to $1,786-84 support zone as USD hits fresh 20-year high
Gold Price continued losing ground for the second straight day and slipped below the $1,800 mark. Aggressive Fed rate hike bets, along with a blowout...
Economist Roubini: Why Stocks Poised for 50% Wipeout
The stock market is off to its worst start to a year since 1970, with the S&P 500 dropping 21% in the first half of...
Fed Will Soon Return to Money Printing to Avert Government Default, Says Analyst
For all the talk about combating inflation, the Federal Reserve is likely to reverse course and continue to print substantial amounts of money because doing...
XAUUSD defends $1,800 and rebounds swiftly from one-and-half-month low
Gold staged a solid recovery from the $1,800 neighbourhood or its lowest level since May 16. Softer US PCE inflation data led to a modest...
Rising Interest Rates Will Crush the Federal Budget
The Federal Reserve’s policies of increasing interest rates and quantitative tightening—reducing its $8.9 trillion balance sheet—will increase the volume and cost of federal government borrowing,...
Larry Summers Nailed Inflation. But Is He Right on What Comes Next?
In February 2021, Larry Summers was right and I was wrong. The former Treasury secretary warned that President Biden’s stimulus package was far too large...
It’s the Inflation, Stupid by Michael J. Boskin
Dangerously high inflation has left Americans deeply dissatisfied with the economy and likely to punish the Democrats in this year’s midterm elections. US President Joe...
Recession for Dummies: What It Means and How It Affects the Crypto Market By DailyCoin
[ad_1] Recession for Dummies: What It Means and How It Affects the Crypto Market Though there is only a slim chance that you haven’t heard...
‘Next Stage’ of Inflation Is Coming, Economist Says
Americans hammered by rising inflation should brace for the economy to become even more precarious, an economist has warned. Inflation comes in several stages, and...