For the last 20 years, corporate America has shifted its manufacturing base to China, relying on the comparative...
Economic Affairs News
Oil Price War is America’s to End
Global financial markets have been a game of whack-a-mole lately. When equities appeared to have stabilized,...
Coronavirus Kills 701k US Jobs in March
Despite a few hiccups and a couple of causes for concern, the U.S. labor market has been the most resilient and...
Burn the Shorts? In Defense of the Short Sellers
During the Sell Everything frenzy that was pervasive during the historic market rout in March, the short sellers...
Republicans Move to Claw Back Relief Grant from Kennedy Center
The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, ostensibly exists to keep businesses...
US Jobless Claims Top 6.6 Million – What’s Next for the Economy?
The U.S. economy has transitioned from a state of shock to a feeling of acceptance, expecting that any piece of...
Is the Fed Set to Trade Stocks?
Will the Eccles Building turn into an investment house? Will the Federal Reserve be rebranded Powell &...
Fed Declares Guns Essential – States Reverse Course
When many elected Democrats used the COVID-19 crisis to attack gun rights, the Trump administration responded by...
How Negative Interest Leads to Double-Digit Rates
The major central banks have slashed interest rates to 0% to curb the economic fallout from the Coronavirus...