Markets could see a rally before an inevitable downturn, said Bob Michele, the chief investment officer of JPMorgan Asset Management, adding that American investors are cleaning out their portfolios with assets that can withstand an economic recession. “I actually think in the next quarter, we could see risk assets rally. Having been an investor through…
A ‘Feel-Good’ Period Before ‘Inevitable’ US Recession: JPMorgan Investment Officer
April 2, 2023
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America’s Banking Regulators Have Failed
April 2, 2023
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Commentary March 28 hearings on bank regulation exposed the shortfall of federal regulation. The hearings came in the wake of the Silicon Valley Bank (SVB) failure and the stresses on other banks, like Signature and Republic. To put it frankly, the hearings exposed our regulators appear to be virtually useless. Among things we learned last week:…
Judge Strikes Down Carry Permit Restriction in Minnesota
April 1, 2023
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A federal judge ruled Friday that Minnesota’s carry permit age restriction is unconstitutional. “The court declares that Minn. Stat. §624.714, subd. 2(b)(2)’s requirement that a person must be at least 21 years of age to receive a permit to publicly carry a handgun in Minnesota violates the rights of individuals 18–20 years old to keep…
Biden Admin Identifies Key Areas in Clean Energy Acceleration Roadmap
April 1, 2023
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The Department of Energy (DOE) identified three targeted areas in a clean energy technologies roadmap. In a series of “Pathways to Commercial Liftoff” reports released on March 21, the Biden administration listed clean hydrogen, long-duration energy storage, and advanced nuclear as the key technologies to attain Biden’s emission elimination plan. The Biden administration wants to…
‘A Slow-Moving Genocide’: David Matas on Exposing China’s Forced Organ Harvesting on Falun Gong Followers
America has come a long way to take action on communist China’s forced organ harvesting on prisoners of conscience, first reported by The Epoch Times over 15 years ago. On March 27, the U.S. Congress passed a bill to punish the Chinese Communist Party (CCP) for forced organ harvesting of prisoners of conscience, marking the…
‘A Slow-Moving Genocide’: Human Rights Lawyer Shines Spotlight on China’s Forced Organ Harvesting
America has come a long way to take action on communist China’s forced organ harvesting on prisoners of conscience, first reported by The Epoch Times over 15 years ago. On March 27, the U.S. Congress passed a bill to punish the Chinese Communist Party (CCP) for forced organ harvesting of prisoners of conscience, marking the…
US Electric Vehicle Tax Credits Get Tougher to Navigate
April 1, 2023
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Claiming a tax credit for your electric vehicle may soon get more complicated. The Treasury Department and the Internal Revenue Service (IRS) issued the proposed guidance on March 31. They result from provisions in last year’s Schumer-Manchin bill, which some call the “Inflation Reduction Act” (IRA). The original electric vehicle tax credit, which ranged from…
California Kills Series of Bills Increasing Sentencing for Fentanyl Dealers
March 31, 2023
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Despite bi-partisan support targeting fentanyl distribution, California legislators ended discussion this week on bills in Assembly and Senate committees to strengthen enforcement for dealers and manufacturers. “We are in the middle of an epidemic, and these lawmakers have to take it seriously,” Pamela Smith told The Epoch Times March 30 in reaction to the stalled…
On COVID, Trump and DeSantis Converged and Diverged
March 31, 2023
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In recent weeks, both former President Donald Trump and Florida Gov. Ron DeSantis have touted their own handling of the COVID pandemic while criticizing each other’s response to the crisis. It’s only natural in the slow run-up to 2024. Everyone wants to be able to say they got COVID right—and hindsight is always 20/20. On…
LIVE NOW: Trump Will Stand Trial In NYC; Republicans Unite Over Concerns of Weaponized Justice System
March 31, 2023
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Former President Donald Trump will stand trial in New York City after a grand jury voted to indict him on charges that he used campaign finance money for a hush payment to adult performer Stormy Daniels. The charges carry deep discrepancies and include several legal hurdles that the district attorney, Alvin Bragg, has used to…
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