by Andrew Moran | Jan 6, 2024 | Articles, Business News, Opinion
The US real estate market is broken. The Federal Reserve slashing interest rates to zero during the coronavirus pandemic, effectively cutting mortgage rates to their lowest levels on record, had been the main factor in the housing sector’s destruction in the last few...
by Andrew Moran | Jan 4, 2024 | Business News, Lights, Camera, Action, Opinion, Swamponomics
President Joe Biden received an early Christmas present during the final Federal Open Market Committee (FOMC) policy meeting of 2023. For more episodes, click...
by Andrew Moran | Dec 21, 2023 | Articles, Business News, Good Reads, Opinion
In the Super Bowl of Economics, the Federal Reserve hosted its final Federal Open Market Committee (FOMC) policy meeting of 2023. Like Super Bowl LI, the powwow of central bankers did not disappoint. While officials left interest rates unchanged at a range of 5.25%...
by Andrew Moran | Dec 13, 2023 | Articles, Business News, Opinion
And then the supposed Federal Reserve independence was torn to shreds. Celebrating a solid November jobs report in Las Vegas, President Joe Biden recently claimed the economy is now in a “‘sweet spot’ that’s needed for stable growth and lower...
by Andrew Moran | Dec 4, 2023 | Articles, Business News, Opinion
In Washington, the clarion call to resolve America’s fiscal deterioration has been to raise taxes on everyone. Even if politicians claim they do not want to confiscate wealth from low- and middle-income households, they still do so every time the Treasury...