How Is Inflation Measured; Focus on how to win Here is something interesting; the Fed has just confirmed that inflation might not be an issue; translation the era of rate hikes might be over. Yellen acknowledged that inflation is well below the Central Bank’s target of 2% Yellen, as she has in other statements recently, … Read more
Nothing has changed; the data still looks rather dismal if you examine it closely. Many sectors are going through a massive upheaval. The Restaurant Business is facing lean times, and the outlook will only worsen in the years to come. Restaurant chains posted some of their weakest results since the recession last year as … Read more
Fake Polls The world is moving towards a digital age, and in such an era it is far easier to manipulate the crowd for very few bother to check the facts. They assume that the data presented is accurate. For example, Reuters posted an article after article stating how the Republicans had released so … Read more
Fiat Money Definition Fiat money definition is meaningless today as most of the crowd does not even realize that the currency they are getting paid in is worthless paper. However, for the few that seek an answer, Fiat money is money that is backed by nothing other than a promise that a debt will be … Read more
A tragic event occurred at Palouse Falls State Park. According to reports, Cade Prophet, a 25-year-old hiker, was taking a selfie with his girlfriend near the top of a waterfall when he slipped and fell into the Palouse River. Despite efforts to rescue him, the river’s strong current carried him away, and his body was … Read more
Hungary’s leader Sates Soros act’s are a declaration of war and he is right BUDAPEST, Hungary (AP) — Hungary’s prime minister says criticism by billionaire George Soros who has made claims about corruption and a “mafia state” in Hungary is a “declaration of war.” Prime Minister Viktor Orban said Friday that the Hungarian-American investor is … Read more
Media’s Language Choice Reveals Bias Against Trump, Impacting Political Correctness President Donald Trump announced the withdrawal of the United States from the Paris climate change accord, citing concerns that the deal would allow other countries to mock and laugh at the United States. The Paris agreement, signed by almost 200 countries in 2015, aimed to … Read more
Benefits of Artificial Intelligence: The largest fund company in the world, BlackRock, has faced a thorny challenge since it acquired the exchange-traded-fund business from Barclays in 2009. These low cost, computer-driven funds have exploded in growth, leaving in the dust the stock pickers who had spurred an earlier expansion for the firm. The rise of … Read more
US Economic Recovery is Not Real Sometimes a picture speaks a thousand words, and on other occasions, it might need 10K to explain what is going on. In this case, the chart speaks for itself. If this economic recovery were real, then real unemployment rates would be dropping, and that is not the case here. … Read more
Nasdaq Crash Warnings: Experts Love To Spin Lovely Yarns Updated Dec 2022 Most experts have chosen the wrong field; writing fables would have probably been better. The actual phase of a bull market starts after it has taken out its old highs. Until this moment occurs, it’s not a real bull market. The Nasdaq recently … Read more
