Nov. 15, 2021
Saule Omarova, is President Biden's Nominee for the next Comptroller of the Currency. The Comptroller of the Currency is the chief regulator for all national banks and thrifts in the country. As such she would be perhaps th…
Nov. 15, 2021
Saule Omarova, is President Biden's Nominee for the next Comptroller of the Currency. The Comptroller of the Currency is the chief regulator for all national banks and thrifts in the country. As such she would be perhaps t…
Nov. 13, 2021
For 70 years, since 1950 every spike in inflation, like we're having right now, has been followed by a recession.
Nov. 12, 2021
For 70 years, since 1950 every spike in inflation, like we're having right now, has been followed by a recession.
Nov. 12, 2021
For 70 years, since 1950 every spike in inflation, like we're having right now, has been followed by a recession.
Nov. 12, 2021
For 70 years, since 1950 every spike in inflation, like we're having right now, has been followed by a recession.
Nov. 12, 2021
Yesterday the Bureau of Labor Statistics released its latest reading on inflation. The top-line figure is startling enough. At a 6.2% increase in inflation, it was the worst report that the US has seen in 31 years. But it's …
Nov. 11, 2021
Yesterday the Bureau of Labor Statistics released its latest reading on inflation. The top-line figure is startling enough. At a 6.2% increase in inflation, it was the worst report that the US has seen in 31 years. But it's …
Nov. 11, 2021
Yesterday the Bureau of Labor Statistics released it's latest reading on inflation. The top line figure is startling enough. At a 6.2% increase in inflation it was the worst report that the US has seen in 31 years.
Nov. 11, 2021
Yesterday the Bureau of Labor Statistics released the latest reading on inflation. The top-line figure is startling enough. At a 6.2% increase in inflation, it was the worst report that the US has seen in 31 years. But it's …
Nov. 11, 2021
Today, much of that is gone. Certainly, our freedom has eroded in a way most of us never thought possible. And with that loss of freedom, I fear, will come a corresponding loss of our way of life.
Nov. 10, 2021
Markets began to slide after it was announced that inflation hit 6.2% last quarter, the worst reading in 31 years. And it was over in the bond market that we saw the worst performance of the day, after that 30 year Treasury …
Nov. 10, 2021
The big economic news this morning is, of course, the big jump in Inflation, coming in at 6.2%. It's been 31 years since inflation was anywhere near this level. In fact, for the past several years the Federal Reserve was try…
Nov. 10, 2021
A free and open market is a wonder to behold. Producing abundance. The Free market, like the one developed throughout the 20th century in America, was a marvel of the ages. It produced goods at a rate that could only be drea…
Nov. 10, 2021
For those of us who live in the nation's “snow belt” now is the time that winter approaches. Now the calendar may say we have another month or so before winter officially begins. But here in the Pennsylvania Hills, we've alr…
Nov. 9, 2021
As we bring today's market to a close, all eyes are beginning to turn to inflation, as we will get three of the world's largest economies reporting their inflation rates over the next 18 hours. Most interesting for those of …
Nov. 9, 2021
Finally, in what has to be the most unusual merger of the year. A women's apparel company: Naked Brands has agreed to purchase electric vehicle maker Centro Automotive Group. Price and details to follow. Really?
Nov. 9, 2021
For those of us who live in the nation's “snow belt” now is the time that winter approaches. The calendar may say we have another month or so before winter officially begins. But here in the Pennsylvania Hills, we've already…
Nov. 9, 2021
At The close today we see stocks finish higher, although just barely, bonds were lower. A very interesting day, as the Federal Reserve rolled out the big guns to address the financial community. Five Fed speeches today, incl…
Nov. 8, 2021
Against almost every measure the dollar retreated today. Against gold, the dollar was down. Against oil, the dollar is down. Against the major currencies: The Euro, The British Pound, Japanese Yen, and of course against all …
Nov. 8, 2021
It was another strong weekly open for stocks. As all three major averages gaped open at the start of trading. Now about 2 ½ hours later stocks are drifting, with little direction at the moment.
Nov. 8, 2021
This week we have the Federal Reserve and The President headed in exactly opposite directions. For the Federal Reserve, it's a time for restraint, as the Fed looks at an economy with inflation running hot, and is moving to s…
Nov. 8, 2021
It's the sort of thing that just has to catch your eye: Moderna, the Covid 19 Vaccine maker lost an incredible 31% of its value this week. That's $43 billion wiped out in a single week, more than half of that on Thursday alo…
Nov. 7, 2021
It's the sort of thing that just has to catch your eye: Moderna, the Covid 19 Vaccine maker lost an incredible 31% of its value this week. That's $43 billion wiped out in a single week, more than half of that on Thursday alo…