The bleeding US stock markets are mired in a mounting bear fueled by extreme Fed tightening, already losing over a quarter of their value this year! Traders are wondering how long this rampaging bear will keep mauling stocks, and...
The preliminary November results from the University of Michigan Surveys of Consumers show overall consumer sentiment declined in early November, holding near historically low levels (see first chart). The composite consumer sentiment decreased to 54.7 in early November, down...
People in Kherson are cheering as Ukraine retakes control of the city, while Russian forces withdraw. This was the first Ukrainian city to be captured by Russia, and the only regional capital to fall under Russian control at any...
Last week was a huge turning point in the global financial markets. I'm not talking about the US stock market, even though that is what all the financial media in the United States ever talks about. I'll...
A stunning political comeback for Israel’s Netanyahu may give way to governing nightmare ahead
Could compromise with far-right partners leave Benjamin...
My recent article on how the Federal Reserve creates money drew a lot of responses. One follow-up in particular from a FEE Daily reader caught my eye. Samuel asks,
“What happens when the Federal Reserve sells (or otherwise gets rid...
