By Lance Roberts The financial media is rife with misinformation on the debt ceiling and the jump in interest rates. However, a review of history shows that not only is the “debt-ceiling” issue a non-crisis, but the recent rise in rates is likely an opportunity to buy bonds. Let’s start with the media scare tactics over the … Read more
On Thursday’s broadcast of CNN’s “OutFront,” House Budget Committee Chairman John Yarmuth (D-KY) said that $3.5 trillion in spending under the reconciliation bill “is pretty inconsequential when you consider all the benefits to the American people,” and “The federal government can afford anything that it feels it needs to do.” Yarmuth said Sen. Joe Manchin … Read more
National School Boards Association sent a letter to Biden suggesting that the Patriot Act be enforced against these unruly parents who keep showing up to meetings across the country demanding answers and accountability from the very school boards that control their children’s education. National School Boards Association “respectfully asks for federal law enforcement and other … Read more
Vivili Hospitality Group proprietor Skyler Reeves reacts to Biden’s commerce secretary blaming a skills gap for a shortage of waiters Scammers were able to pocket nearly 30% of the $16 billion in unemployment insurance payments sent out by Arizona since the start of the coronavirus pandemic, the director of the state agency overseeing the program … Read more
Former President Donald Trump on Thursday predicted that Republicans in Congress would benefit greatly if Democrats push through their exorbitant social-spending legislation. “If Democrats are able to piece together their huge tax hikes, called by another name, it will mean an additional 40 Republican seats in the House and at least a few additional Republican Senators … Read more
Facebook wants you to join them on the Metaverse. The Metaverse is the company’s Next Big Thing, and where they see the internet going: an online world of total wraparound experience, a lot more like the Lawnmower Man version than what we have now. They released a statement this week earmarking some $50 million towards … Read more
The prices of stocks, bonds and real estate, the three major asset classes in the United States, are all extremely high. In fact, the three have never been this overpriced simultaneously in modern history. What we are experiencing isn’t caused by any single objective factor. It may be best explained as a result of a … Read more
Japan Maritime Self-Defense Force helicopter destroyer JS Izumo (DDH-183) steams during a ship maneuvering exercise for Malabar 2017. US Navy Photo KUALA LUMPUR – U.S Marine F‑35Bs from Iwakuni will support the Japan Maritime Self-Defense Force’s post refit trials of the destroyer helicopter carrier JS Izumo (DDH183) next month. The Marine Corps aircraft will work … Read more
