#taxes #corporations #antibusiness #antiinvestor #money #Fed #stock #Biden $DIA $SPY $QQQ $RUTX $VXX “Cheap money from the Fed allows new and established companies to grow without the burden of high interest. This money benefit’s stock prices” — Paul Ebeling Mr. Biden’s administration is likely to raise taxes on corporations. And that is bad for workers and […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX US household wealth marked a record in Q-1 as the stock market rallied, supporting consumers after Fed interest-rate hikes and trade dispute shocked investors late last year. Net worth for households and non-profit groups increased by $4.69-T, or 4.5%, to $108.6-T after a 3.7% drop in the prior frame, Federal […]
$GLD, $USD, $EUR, $GBP, $CNY What we have been seeing over the past few years is that confidence in government is fading and the price of Gold is rising. Some current examples The UK House of Commons voted 413-202 last week to delay Britain’s exit from the EU. Despite resounding defeats, Prime Minister Theresa May […]
FLASH: No matter what the Fed Fund’s rate is they cannon make people borrow. The Big Q: What happened with Wednesday’s Fed announcement? The Big A: The Fed followed the market again. The chart below: the red line is the Federal Funds rate, the yellow line is the rate on the 3-month US T-Bill and […]
Dark Clouds Ahead for the US Economy Friday, a grin, hang on ugly, May jobs report, in which virtually no jobs were created and the April/March reports revised downward has clouded the outlook for the fragile US economy. Last week the US Fed was poised to raise interest rates perhaps as soon as its June […]