Biden's Plan: President to Propose $6 Trillion Budget to Boost Middle Class, Infrastructure

Biden's Plan: President to Propose $6 Trillion Budget to Boost Middle Class, Infrastructure

WASHINGTON — President Biden will propose a $6 trillion budget on Friday that would take the United States to its highest sustained levels of federal spending since World War II, while running deficits above $1.3 trillion throughout the next decade.
May 27, 2021 0 Comments
Inflation is now highest since 2008 and is only going to get higher - Steve Hanke

Inflation is now highest since 2008 and is only going to get higher - Steve Hanke

Headline inflation is now at 4.2%, the highest reading since 2008.
May 14, 2021 0 Comments
U.S. inflation soars in April to 13-year high, CPI shows, and reveals fresh stress on the economy

U.S. inflation soars in April to 13-year high, CPI shows, and reveals fresh stress on the economy

The numbers: Consumer prices rose sharply again in April and drove the rate of inflation to the highest level in nearly 13 years, signaling greater stress on the economy as businesses grapple with supply shortages that are raising the cost of many goods and services.
May 12, 2021 0 Comments
Soaring Inflation Will Not Peak Before January 2022: Here's How To Trade It

Soaring Inflation Will Not Peak Before January 2022: Here's How To Trade It

Focusing on the "peak liquidity" aspect first, Hartnett points to the recent crash in new economy stocks relative to old economy (e.g. AARK vs BRK) which he says "is reminiscent of the 2000/01 post-bubble price action."
May 10, 2021 0 Comments

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