Because it’s the furthest thing from it… The market is where the most disciplined investors and traders are able to earn more money than ever imaginable. Those are the facts! While the Powerball drawing is likely to hit $900 million, frankly I could give a poop about it. The media pushes these fantasies on people…
The Bozo administration announced Friday it would automatically forgive $39 billion in student debt for approximately 804,000 borrowers. The relief is a result of fixes to the student loan system’s income-driven repayment plans. Under those specific plans, borrowers get any remaining debt canceled by the government after they have made payments for 20 years or…
Reported inflation dipped to its lowest annual rate in more than two years this past month. Conveniently what the 0.2% rise does NOT include is the cost of Energy and Food, the 2 most necessary components of our existence. The consumer price index, which measures inflation, increased 3% from a year ago, which is the…
The market was up big yesterday into the close with no recession in sight… And yet corporate America folks are still getting fired. Microsoft is laying off more employees again. That’s on top of 10,000 workers who were announced as part of layoffs that have already occurred this past January. This is fairly surprising considering…
Traders avoid taking risks, as Federal Reserve officials sounded hawkish in their public appearances and the next earnings season lurks in the corner later this week. Three Fed officials (Michael Barr, Mary Daly and Loretta Mester) insisted that there will be more rate hikes this year to bring inflation down to its 2% target. But…
With oil prices failing to rally as much as the OPEC+ group would like, its members began this week a series of media messaging on the sidelines of its meeting. We have officially entered the second half of the year – the half of the year in which the energy market was expected to swing…
Many of you were unaware that 2 years ago I fell into complete renal failure. Just days before I was supposed to board a plane to attend a friend’s wedding, I was knocking on death’s door. My wife insisted I go to the doctor, otherwise she wasn’t going to join me at the wedding. So…