Today, the US Bureau of Economic Analysis (BEA) announced 2Q GDP that was down .9%. It’s not a big number, but it is a negative one, and that, combined with negative GDP growth in the first quarter means the US is officially in a recession. Washington D.C. politicians, political operatives, media allies, and the White … Read more
Last month, the Federal Reserve raised the fed funds rate by 75 basis points (.75%) which was the largest rate increase in nearly three decades. Today, they did it again and raised another 75 basis points. The market was already up on Google and Microsoft results that while below estimates, weren’t as bad as feared. … Read more
A discussion between Gary Brode of Deep Knowledge Investing and Raji Khabbaz of ArcanX covering: All the news is bad. Why do the markets keep going up? Is the Russian response to sanctions effective and what does it mean for the dollar in the future? What economic indicators are we watching now? What are we … Read more
