Phil Rosen wrote and published the above-titled story in Opening Bell Daily on February 14, 2025. The purpose of publishing his report here today is to reflect on what the “experts” in stock market forecasting missed by a mile and what the market reactions to Trump tariffs would be. We can all agree that the so-called […]
Anti-Trump groups like ‘Families Over Billionaires present themselves as grassroots campaigns for ordinary Americans. The truth is very different. Days after the inauguration of President Donald Trump, a group of former Joe Biden and Kamala Harris staffers came together to launch an effort to arouse the public against the GOP’s looming push to cut taxes
Inside the Trump Resistance, Funded By The Ultra-Wealthy Read More »
Fifty years ago, the Minneapolis Tribune reported a silver lining in an otherwise gloomy economic climate. “Christmas tree prices aren’t expected to rise this season,” the newspaper reported in November 1974, “a small solace for many struggling Minnesota families.” That month, the annual inflation rate hit a peak of 12.2 percent. It would fall to
Winners And Losers Read More »
Three large banks failed in a single week in March 2023, and the ripple effect could easily take down the entire banking system, although government 0fficials insist the banking sector “remains strong” and that the problems faced by these banks “do not appear to be widespread.”(1) Cascading Domino of Bank Failures The cascading bank failures
Why Crashing Banks Will Usher in Digital Currency Read More »
Just how bad is the American economy? Normally, an answer to that would be concise and positive. Ah…neither applies to Joe Biden’s economy. How about let’s makeup a NEW name for this economy: Disaster! No one who was not living in this economy would believe the Biden version. Everything’s OK! He actually had the gall
The U.S. Economy: It’s REALLY Bad! Does Joe Biden Even Know That? Read More »
If one listened to President Joe Biden’s speech last Thursday, one may come away with the idea that there are two villains behind the severe economic pain that Americans are experiencing. According to Biden, it is the fault of Vladimir Putin and American oil companies that gas prices are at record highs. ” know how much
Biden Blames Putin And U.S. Oil Companies For Crazy Prices: Facts Say The Fault Is Joe’s Read More »
For four decades, the cost of consumer goods was a rare bright spot in the American economy. The stuff we fill our homes and lives with — phones, clothes, makeup, cars, snacks, and toys — got better and cheaper. But no more. Prices were up 6.8 percent year-over-year in February and are near-certain to spike
How Bad Is Our Inflation? How Long Will It Last? Read More »
One of the most disturbing issues concerning the U.S. Congress has always been the abdicating of their responsibilities to read what was in the massive spending bills they passed, without the members actually knowing what was included in them. With the pork-filled so-called “Infrastructure bill” passed last Friday night awaiting Biden’s signature, the second bloated
One Down And A Humongous One To Go! Read More »
Democrats used to be the party of working people. Now, they sneer at people who work hard. Democrats pushing to pass the “Build Back Better” bill want a single parent with two kids to be able to take home well over $31,000 in cash and noncash federal benefits a year, tax-free, without having to work.
“Work Or To Make More Babies?” That Is The Question Read More »
Yeah, Yeah, we know: “The richest one percent of Americans pay little or NO federal taxes. And those evil corporations don’t pay taxes at all.” That’s the story bandied around by the Left for decades. Democrats, during election season, consider that talking point to be their “go-to” to diminish their GOP opponents. Then, if and
What Are The REAL Numbers the Wealthy Pay in Federal Taxes? Read More »
