Joe Biden and Kamala Harris were sworn in as president and vice president of the United States on Wednesday, taking power amid a devastating pandemic made worse by the malfeasance and incompetence of twice-impeached President Donald Trump. The inauguration ceremony,...
Yesterday Janet Yellen testified to Congress. No she didn't do it as the Federal Reserve Chairman, but as the new head of the US Treasury. It seemed funny to see her back in action as if nothing...
The weakness in the US Dollar, which initiated after the Covid-19 peak in March 2020, has entered an extended downward price trend which is nearing a key support level near 88.33. One key factor related to this trend is...
The consensus is that asset inflation is unstoppable and forever. History begs to differ.Not unsurprisingly, people want a binary option: do we get deflation or inflation? Unfortunately, reality is messy.Broadly speaking, globalization is deflationary as capital seeks the lowest...
The preliminary January results from the University of Michigan Surveys of Consumers show overall consumer sentiment fell in early January and remains well below pre-lockdown levels. Policy expectations and recent Covid developments were key themes driving the weaker results. Overall...
Jeremy Blackburn, Binghamton University, State University of New York; Robert W. Gehl, Louisiana Tech University, and Ugochukwu Etudo, University of Connecticut In the wake of the assault on the U.S. Capitol on Jan. 6, Twitter permanently suspended Donald Trump’s personal...
