Politics & Government

Russia Dismissing Dollar after U.S. Imposed Sanctions

Recent U.S. sanctions against Russia for, among other things, its actions in the Ukraine, have led President Putin to attempt to downplay the role of the dollar in the domestic Russian economy. While on the surface it may not seem significant that the Treasury Department announced sanctions against two individuals and one entity for “serious human rights abuses” and sanctions ...

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Federal Reserve Criticized by Wall Street on Balance Sheet Unwind

Federal Reserve

Whether it is President Trump or the powers that be on Wall Street, the Federal Reserve is taking constant heat over interest rates, its balance sheet, and just about everything else it does. Trump has tweeted many times of his disdain for the Fed’s desire to raise rates and potentially cool the economic growth. He has also questioned Chairman Powell ...

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Don’t Get Too Excited About the Post-Midterm Jump

The overall market jumped sharply higher on Wednesday after the results of the midterm election results were known. Some analysts were speculating that the jump was due to the Republicans retaining control of the Senate while others were speculating it is because the Democrats took control of the House. Personally, I think the reason for the big jump was simply ...

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A Patriot’s Responsibility: Why You Need to Vote

This may come as a surprise to hear, especially two years later; but Donald Trump didn’t actually win the presidential election of 2016. No… Hillary Clinton didn’t either, after all the electoral college was designed the way it is on purpose and we all know she’s allergic to winning anyhow. Actually, the true winner of the 2016 election by an ...

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HORIST: Do voters really want to kill off the booming economy?

One of the first bits of advice I give to political candidate clients is that an election will be decided on what voters decide to decide upon. For the upcoming midterm elections, the Democrats want voters to make their version of healthcare the major deciding issue. Republicans want voters to be thinking about immigration as they go to the polls. ...

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You should be Thankful for the One Percenters

The Supreme Court hearings and the mid-term elections seem to have redirected the hate away from the one percenters for the moment. The alpha to the omega to the deplorables, the rich are just as despised by the liberal left. Except those who are themselves one percenters, of course. The numbers put out by the Congressional Budget Office might have ...

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U.S. Tightens Grip on Foreign Investments

The Trump administration will broaden reviews of foreign investments in critical U.S. technologies in an attempt to protect American ingenuity from foreign powers including China.  The Foreign Investment Risk Review Modernization Act, which took effect in August, empowers the government to scrutinize and block even small minority foreign investments into sensitive technologies. The “America First” attitude brought forth by President ...

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Bond Market Braces for Mid-Term Elections

Regardless of which side of the aisle is triumphant in November, the U.S. bond market is likely to suffer either way. A democratic congress is likely to push through a GOP style trillion dollar infrastructure package.  A Republican legislature will likely advocate for tax cuts part 2. Both of which spell one word loud and clear: debt. While the Fed ...

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Amazon and Big Tech Face Anti-Trust Hearings

Determining whether a company exerted monopolistic power use to be much simpler. In broad terms it was essentially based upon the welfare of the consumer, meaning that if prices were low and favorable, the company was not considered a monopoly. The crux of the argument was really about price. Monopolies can be considered an extreme result of free-market capitalism in the absence of ...

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