Commentary If you have a house for sale, you might want to get in front of the market and lower the price dramatically now. I know it hurts, but housing prices are highly sensitive to 30-year mortgage rates. The higher the monthly payment goes, the lower the price paid for the home itself will be….
How the Boom Bust Works
December 1, 2022
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Analysisboom and bustBusiness & MarketsBusiness Columnistsbusiness cycleeconomicsinflationOpinionrecessionU.S. economyzero interest rates
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An Economic Candle Burning From Both Ends
Commentary Some facts of our times follow. As you read, consider your own household and portfolios and how they measure up. Disposable personal income per capita has been in decline in real terms for 19 straight months. This is not just dollar amounts but dollars adjusted for purchasing power. We are just now level with…
DNC Continues to Cite 2005 Number on Illegal Immigration, Studies Indicate Real Figure Likely 3 Times Higher
November 22, 2022
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AnalysisFeatured Topicsillegal immigrationImmigration & Border SecurityOpinionPolicies & ImpactsUSUS NewsViewpoints
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Commentary Last week, Senate Majority leader Chuck Schumer (D-N.Y.) claimed at a press conference last week that the country needs new immigrants to combat declining reproduction rates and a low population growth rate. Schumer said his “ultimate goal” was to help not only the so-called “dreamers,” but to “get a path to citizenship for all 11…
A discussion with EDA Asst.Sec Alejandra Castillo
November 18, 2022
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AnalysisDiscussion with Alejandra CastilloEpochTVEpochTV LiveLive VideosOpinionPolicies & ImpactsUSVideo
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Center for Strategic and International Studies is to host a discussion with Alejandra Castillo, the former EDA Deputy Assistant Secretary. The event will be from 1:30 p.m. to 3:00 p. m. ET on Nov 18. The discussion will be about the Regional Technology and Innovation Hub program and the RECOMPETE pilot program and also their…
A Republican House–Now What?
November 17, 2022
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AnalysisBusiness & MarketsBusiness ColumnistscongressEditorialsFederal ReserveHouse of Representativesinterest rateslegislationOpinionPoliticsRepublicansUSViewpoints
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Commentary With Rep. Mike Garcia projected to win California’s 27th congressional district, giving the Republicans 218 seats in the House of Representatives, the GOP will take control of the lower house in January 2023. So now what? Well, certainly there will be investigations and perhaps even perhaps a performative impeachment of Homeland Security Secretary Alejandro Mayorkas…
After Republicans Win the House, Will they Investigate Hunter Biden’s China Connections?
News Analysis With Republicans regaining control over the House the focus is on if and how the promised investigations by lawmakers will materialize. Prior to the Midterms, Republican lawmakers promised investigations into a variety of topics, such as COVID-19, the economy, the border crisis, as well as the foreign business dealings of President Joe Biden’s…
The Age of Easy Money Is Over
November 15, 2022
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AnalysisBen BernankeBig TechBusiness & MarketsBusiness Columnistsdeieasy moneyESGFederal ReserveFTXinflationinterest ratesjerome powellOpinionquantitative easingrecessionSam Bankman-FriedU.S. economy
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Commentary What began in 2008 and continued for the better part of 14 years appears finally to be coming to an end. The era of cheap money and credit is over. It’s hard to wrap one’s brain around the implications. It will affect all of business life and personal finances. It will dramatically change financial…
FTX Collapse Offers Lessons for Investors
News Analysis The cryptocurrency industry is imploding at a shocking rate. FTX, which a few weeks ago was considered a “lender of last resort” and a crypto industry stalwart, filed for bankruptcy. Its charismatic founder and (former) CEO, Sam Bankman-Fried, lost a $16 billion fortune in a matter of days. Bankman-Fried, whom a few months…
As Murders Soar, FBI Buries the Data
News Analysis Overview Based on a misunderstanding of new FBI data, NewsNation is reporting that 14,677 murders occurred in the United States during 2021, a supposedly large decline from 2020. In reality, that figure is far from complete, and comprehensive records from death certificates show that about 24,493 people were murdered in 2021. This is about: 1,000 more murders…
Massive Concentration of State-Owned Enterprises Seen as a Way Out of Pressures for Chinese Policymakers
News Analysis Beijing’s consolidation of state-owned enterprises is picking up speed in its final stages. Experts say that this is a step backward and that the inefficient mega-state enterprises will only add to China’s economic decline. On Oct. 31, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) held a restructuring contract…
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