The ‘New’ New Deal Has Already Arrived. Thank the Covid Panic.
We’ve entered a new era of politics and government in America, and the Left is pretty happy about it. This week, for example, The Guardian announced, “Biden’s $1.9tn Covid Relief…
What the Shipping Container Shortage Reveals About US-China Trade
Despite the record unemployment rate, widespread hardship to businesses, strains on the healthcare system, political turmoil, and general disruption to daily life in 2020, US consumers have managed to ramp…
Fiscal 2021 Budget Deficit Already Over $1 Trillion
Just five months into fiscal 2021, the US government has already run a budget deficit of over $1 trillion. In a year of massive deficits, the US federal government charted…
Morgan Stanley: Threat of high inflation is real
UPDATED 4:10 PM PT – Sunday, March 14, 2021 Investment bank Morgan Stanley warned U.S. inflation may run out of control due to Joe Biden’s economic policies. A new report…
Analysts expect crude oil prices to keep rising throughout the year
UPDATED 7:30 AM PT – Sunday, March 14, 2021 Crude oil prices are set to reach levels that have not been seen since 2014. According to recent reports, a barrel…
Sen. Johnson says he didn’t feel threatened by Capitol Hill protesters
UPDATED 2:55 PM PT – Saturday, March 13, 2021 Sen. Ron Johnson (R-Wis.) said he didn’t feel unsafe during the January 6 protest at the Capitol building. In a recent…
House Minority Leader McCarthy slams irresponsible spending by Dems in COVID relief bill, says U.S. has allocated more money to be spent in last year than in WWII
UPDATED 12:33 PM PT – Saturday, March 13, 2021 House Minority Leader Kevin McCarthy (R-Calif.) has continued to shed light on concerns over the COVID relief bill. He took to…
Bitcoin Hits $60,000 For The First Time Ever, Crushing $250 Million Worth Of Shorts
Back in mid-February, when Bitcoin (along with most high beta assets) tumbled by more than 25%, and fresh calls for the crypto’s imminent death re-emerged, we told readers to keep…
Sen. Lankford: We should only borrow what absolutely needs to be spent
UPDATED 11:15 AM PT – Friday, March 12, 2021 Sen. James Lankford (R-Okla.) condemned the recently passed stimulus package. He took to Twitter Friday and claimed “every dollar of the…
White House: $1.4K stimulus checks to hit bank accounts as early as this weekend
UPDATED 8:31 AM PT – Friday, March 12, 2021 The White House said coronavirus stimulus checks are set to hit Americans’ bank accounts as early as this weekend. While speaking…