Bloomberg.com: The Democrats’ outsized budget proposal has the potential to overheat a U.S. economy that is already struggling to keep up with record demand. With inflation at its highest level in several decades, centrist Democrats […]
NBCNews.com: “People are much more fixated on budget and being close to family or work than thinking about climate risk,” one housing expert said. Families priced out of the white-hot housing market are finding that […]
Kiplinger.com: When you follow the stock market closely, it can feel like at any moment, a pandemic, a war, an environmental disaster, or any number of “breaking” headlines could trigger a subsequent financial tsunami. The […]
Axios.com: A trillion-dollar platinum coin could be minted “within hours of the Treasury Secretary’s decision to do so,” Philip Diehl, former director of the United States Mint, tells Axios. Why it matters: Congressional solutions to the […]
ZeroHedge.com: Authored by Charles Hugh Smith via OfTwoMinds blog, The banquet of consequences is being served, and risk-off crashes are, like revenge, best served cold. The ideal setup for a crash is a consensus that […]
SeekingAlpha.com: Summary Beginning with what is perhaps the best indicator of growth potential in the real economy, as opposed to just the financial economy, the G3 credit impulse is now firmly in negative territory after […]
FoxBusiness.com: Treasury secretary: Debt default could precipitate ‘historic financial crisis. Treasury Secretary Janet Yellen renewed her call for Congress to raise or suspend the nation’s debt before October, warning that failure to do so could trigger an unprecedented financial […]
WSJ.com: Inflation cooled slightly in August but remained strong, as a surge in Covid-19 infections slowed economic growth and pandemic-related shortages of labor and supplies continued to drive up prices. The Labor Department said last month’s consumer-price […]
TheBalance.com: Experts Are Cautiously Optimistic. The U.S. economy has improved since 2020. This cautiously positive outlook is based on experts’ reviews of the key economic indicators, including gross domestic product (GDP), unemployment, and inflation. Analysts also have […]
CNBC.com: Trends in home prices and consumer expectations that were part of data releases Tuesday pointed to more inflationary issues on the horizon for the U.S. economy. The S&P/Case-Shiller index, which measures home prices across 20 […]
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