Spread the loveBy Bruno Venditti Gold has long been considered a store of value and a hedge against economic uncertainty. Over the past five decades, its price has been closely intertwined with concerns surrounding the growing U.S. public debt. In the…

Spread the loveThe U.S. economy is on a slippery slope as the debt ceiling crisis could send the markets crashing. The discretionary spending could make the markets plunge and other countries holding the U.S. dollar as reserves might face a recession. Additionally,…

Spread the loveThe next BRICS summit will be held in South Africa in August and the bloc of five nations will decide on expanding the alliance. It is reported that the BRICS expansion could occur in August making the alliance…

Spread the loveBy J.D. Collins, Commentary In the full panoply of the Biden administration’s foreign policy errors aned gaffes, perhaps none was so stupid as its failed attempt to weaponize the dollar—the world’s reserve currency—against Russia for its invasion of Ukraine.…

Spread the loveEmployers brace for greater scrutiny of programs meant to recruit and retain women and underrepresented groups. Companies expect Thursday’s Supreme Court ruling on affirmative action to reduce racial diversity in the pool of highly educated candidates for future jobs, including…

Spread the loveHomelessness continues to rise dramatically, increasing by 9% in Los Angeles County and 10% in the city of Los Angeles last year, a stark illustration of the challenges faced by officials trying to reduce the number of people living…

Spread the loveThanks to a flood of transplants during the pandemic, six southern states have been growing at breakneck speed – as approximately $100 billion in new income in 2020 and 2021 have begun to reshape the southern US. To wit, Florida, Texas, Georgia, the…

Spread the loveMore and more countries have aspired to belong to BRICS since 2009, but none from the West. The BRICS countries represent 40% of the world population and 25% of the global GDP. Thanks to BRICS, China can impose…

Spread the loveAfter self-destructing in the name of signaling virtue, Bud Light is looking at a permanent loss of nearly 25% of its business, according to Deutsche Bank analyst Mitch Collett in a recent Barron‘s article. “We believe recent underperformance implies a permanent reduction…

Spread the loveIf anything, it’s amazing that Germany’s economy is doing as well as it is. Today’s IFO survey is a wakeup call on the state of the German economy. The business climate survey fell to 88.4 from 91.5, which…

Spread the loveWall Street analysts and investment strategists love to use “recession indicators.” These simple statistics that serve as evidence of (potential) impending economic disaster can be invaluable tools for managing risk. Just look at one of the most famous…

Spread the loveTwo weeks ago, oil prices tanked after reports emerged that the U.S. and Iran are making progress after resuming talks on a nuclear deal, a move that could ease sanctions on Iran’s oil exports. Israel’s Haaretz newspaper reported that the talks are moving…