National Co-Chair for the 2024 Biden Presidential Campaign Rep. Jim Clyburn wasn’t expected to be blindsided by bad news in friendly territory. During the April 10 edition of Morning Joe, co-host Mika Brzezinski had to cut off Clyburn’s rosy message about the state of the Biden economy to get an update from reality. Clyburn complained about “disinformation” and “misrepresentation” on social media in his uninformed response to a question about the Biden economy. Then, after seemingly nervously...
National Co-Chair for the 2024 Biden Presidential Campaign Rep. Jim Clyburn wasn’t expected to be blindsided by bad news in friendly territory. During the April 10 edition of Morning Joe, co-host Mika Brzezinski had to cut off Clyburn’s rosy message about the state of the Biden economy to get an update from reality. Clyburn complained about “disinformation” and “misrepresentation” on social media in his uninformed response to a question about the Biden economy. Then, after seemingly nervously...
As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for a reduction in July. Financial Analysts Question Timing of […]
Inflation in the U.S. has remained persistent, experiencing increases in the first two months of 2024, prompting members of the U.S. Federal Reserve to exercise caution against premature rate reductions. Federal Reserve Governor Michelle Bowman has voiced considerations for elevating interest rates, diverging from market anticipations of rate reductions within the year. Bowman’s concerns primarily […]
According to Wells Fargo estimations, U.S.-based retailer Costco runs a $200 million gold business monthly. Consumer trust in the organization and its aggressive pricing have made Costco’s one-ounce bars of 24-karat gold a popular choice for investors, who take advantage of 2% over market spot prices. Costco Might Be Selling $200 Million in Gold Every […]
Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate hikes will be necessary. He also criticized JPMorgan CEO Jamie Dimon for downplaying the severity of the U.S. economic situation. However, he conceded that Dimon’s perspective is “a lot closer to being right than most […]
Goldman Sachs, a leading investment banking institution, has updated its gold price forecast due to the unforeseen strong performance of the metal in 2024. In a note directed to investors, the bank expects gold to reach $2,700 per ounce by year’s end, pushed by non-traditional factors. Goldman Sachs Updates Gold Price Outlook to $2,700 per […]
Get ready for the wrestling event of the year - WrestleMania 40, also known as WrestleMania XL, is about to take over Lincoln Financial Fiel []
... ** FILE ** Newly elected Pope Benedict XVI, the former Cardinal Joseph
U.S. media, Congress, and the citizens who elected them own some of the media fail. Why aren’t we demanding more protection of our personal data in order to protect our democracy?
Today is Tuesday, April 9, the 100th day of 2024. There are 266 days left
As is so often the case with Bidenomics, even good news is bad news because of the upward inflationary pressure.