Will Biden Debate Trump?
The WORLD would love to see Donald Trump and Joe Biden square off in a debate. The American people deserve a fair debate and it is absolutely preposterous that the [...]
Where do US Multi-Nationals Hold Offshore Cash These Days?
What are US multi-nationals doing with the $2 trillion they keep offshore? Looking at the Securities & Exchange Commission (SEC) disclosures shows that Apple, Microsoft, Google, and Cisco Systems hold about 10% of their offshore cash in US government debt, which earns these companies substantial sums in interest. So they are earning interest in dollars while parking money in federal and agency debt.
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Powell Pessimistic After Q1
Powell reiterated this week that he does not see any short-term need to lower interest rates. The Fed remains delicate in its speech to the public. They knew that inflation [...]
American Households Hold Record Debt Q1 2024
The New York Federal Reserve reported that American households set a new record after plummeting into $17.69 trillion of debt, a 1.1% ($184 billion) increase from Q4 2023. Worse, the [...]
