As the U.S. economy slowly is turning the corner after the pandemic with slowing inflation, reasonable unemployment and modest GDP growth, there are still clouds on the horizon. All data show subpar economic performance. Inflation at around 4% is still higher than the Fed target of 2%, unemployment is around 4% but creeping up, GDP…
The democratic party has stayed surprisingly unified during the Biden presidency. The reason might be the significant shift to the left and the party policies are more based on Bernie Sanders political principles than moderate democratic views. There are even more radical, far-left elements in the party, in particular in the house of representative, but…
The Biden administration is trying to combine war aid to Ukraine and Israel in one package, but republicans are trying to go another way by funding Israel separately. The house of representatives passed the republicans’ Israel-only aid bill to provide $14.3 billion in war aid to Israel and fund this by cutting funding to the…
As China is getting increasingly stronger, both economically and militarily, they are getting more assertive. Pick any rogue regime or conflict in the world today and there is likely some Chinese involvement. In the conflict in Ukraine, China has openly sided with Russia and in the recent Hamas attack in Israel, China’s state media supports…
A summer in which inflation trended lower, jobs remained plentiful, and consumers kept spending has bolstered confidence, not least at the Federal Reserve, that the world’s largest economy will avoid recession. However, these facts are not telling the full truth about the U.S. economy and there are numerous risk factors that might push the U.S….
