Hard hitting global and local news
The Fed is unlikely to keep its balance sheet reduction plan on target. There are significant consequences.
How many hikes can the Fed get in this year? The Fed estimate is two more. Mortgage rates rose on…
The Fed upped the interest it pays on excess reserves to 1.95% today. This is free money (taxpayer funded) to…
The Fed hiked rates to a range of 1.75% to 2.00% as unanimously expected.
On June 11, Italy stirred up a storm by refusing to allow a ship with refugees to dock. Repercussions reverberate.
Capital; flight to Germany, the Netherlands, and Finland is in full swing. These sums cannot be paid back.
According to North Korea state media, Trump and Kim Yong Un agree to meet in each other’s country.
On May 14, in a unanimous vote, Seattle approved a head tax on employees to fund the homeless. Today Seattle…
The average worker makes a penny more per hour than last month in real terms. The year-over-year gain is precisely…
Inflationistas are howling about the CPI but yields at the long end of the curve are flat to slightly lower…