The Golden Visa Program Begins
President Trump established the Golden Visa program to attract wealthy immigrants. The program will replace the EB-5 visa program, created in 1990, as a route to American citizenship for those [...]
Fed Rates & Minutes
Minutes from the Fed’s May policy meeting showed board members thought that if jobs growth remains healthy with a rebound in investment and consumer spending then rates could rise “soon”, which many took to mean June. The economy has shown some signs of weakness, the Fed still thinks its broad strength would justify winding down its balance sheet, essentially sucking cash out of the system and putting upward pressure on borrowing costs. As long as rates rise, it shows the economy is still holding.
The Fed is more concerned about the stock market. A correction would help ease the upward pressure, but the Fed also realizes that it has to get rates back up because of the looming crisis in State *& Local pension funds.
Keep in mind that as rates rise, so will the problems with fiscal budgets both on the Federal and States levels within the United States and externally it will hurt emerging markets and Europe.
Latest Posts
Canada’s Provincial Trade Barriers
Several readers were surprised to hear that Canada imposes provincial “tariffs” or trade barriers that simply act as tariffs. Canadian politicians have been promoting a marketing campaign against US-imposed tariffs, [...]
Europe Pushing for WWIII ASAP
NATO has taken control of the transfer of military equipment to Ukraine. The mission is also responsible for training Ukrainian soldiers. The head of the Polish Ministry of Defense, Władysław [...]
Wild Rumors Again
COMMENT: I hear you are a fraud. You took $150 million annually to advise ________________ hedge fund. Why don’t you come clean? Annonymous REPLY: I do not know who starts [...]
