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Weekly News-May-23-2024

Here are our top 5 stories of the week. #1 – Trump and Treasurer Bessent Admit Tariffs Are ‘Unsustainable’ as US Capitulates to China Again, But Now Floats Raising New Tariffs On Other Countries By Jacob M. Thompson | WinePress News Embed from Getty Images The U.S. trade war it has launched against China and the rest of the world has certainly been both confusing and interesting to say the least. I have not talked about this as frequently for this reason, but in this report I will briefly go over some of the more salient points that have transpired […]
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Weekly News-May-9-2024

Here are our top 5 stories of the week. #1 – Federal Reserve Keeps Interest Rates Steady Still To The Chagrin Of Trump, Expects No Progress On Inflation This Year By Jacob M. Thompson | WinePress News Yesterday the Federal Reserve elected to hold interest rates steady at 4.0% once more in a meeting that objectively got less mainstream attention than usual (in my opinion). However, the Fed revealed that they foresee no progress on inflation (higher for longer) and rising unemployment. The Fed said in a statement: The Committee will continue reducing its holdings of Treasury securities and agency […]
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Weekly News-May-2-2024

Here are our top 5 stories of the week. #1 – Spain’s Renewable Energy “Success” Triggers Nationwide Blackout, Exposing Grid Vulnerabilities By Cassie B | Natural News Embed from Getty Images Spain and Portugal suffered the largest blackout in their shared history this week, plunging millions into darkness for most of the day on Monday. A report is now linking the outage to two solar plant failures in Spain’s southwest, which destabilized the grid. The incident halted critical infrastructure such as trains, airports, and emergency services, sparking calls for accountability as governments rushed to downplay renewable energy contributions. Red Eléctrica, […]
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Weekly News-April-25-2024

Here are our top 5 stories of the week. #1 – “Vladimir, STOP!” Trump Responds To ‘Massive’ Russian Missile Strike On Kiev, Leaving 9 Dead By Tyler Durden | Zero Hedge Embed from Getty Images Amid stalled US-led peace talks, Russia launched a massive overnight attack on Ukraine, including raining down ballistic missiles on the center of Kiev, unleashing large-scale death and destruction. At least nine people have been reported killed and over 70 injured in the capital city, in what was one of the largest and deadliest missile strikes on Ukraine in months. Some other cities, including Kharkiv, were also hit. Read […]
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Weekly News-April-18-2024

Here are our top 5 stories of the week. #1 – The Days May be Numbered for the U.S. Dollar’s Role as the Global Reserve Currency By Joseph Adinolfi | MarketWatch Volatility that gripped global markets over the past two weeks may be subsiding, at least for now. But some on Wall Street say that President Donald Trump’s aggressive approach to rolling out his tariff agenda might trigger lasting consequence for U.S. markets. Specifically, the dollar’s status as a reliable “safe haven” has been tarnished, and its role as the de facto global reserve currency has been looking increasingly uncertain. […]
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Weekly News-April-11-2024

Here are our top 5 stories of the week. #1 – Trump Announces Immediate Tariff Increase on China to 125% and Grants 90-Day Tariff Reduction for Over 75 Other Countries By  Cassandra MacDonald | Gateway Pundit Embed from Getty Images The announcement led to an immediate and massive surge in the stock market. Trump announced the tariff change on Truth Social, writing that it was due to China’s “lack of respect for the World’s Markets.” In response to Trump’s original 104% tariff on China, the Chinese government announced it would retaliate by increasing tariffs on American products from 34% to […]
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Weekly News-April-04-2024

Here are our top 5 stories of the week. #1 – On ‘Liberation Day’, Trump’s Tariffs Crash the Markets By Douglas French | Mises Wire Embed from Getty Images Liberation Day morphed into an Obliteration Day of everyone’s retirement account in a matter of minutes as Trump’s tariffs were announced to a crowd of hard hats and soft heads in the Rose Garden April 2. Donald Trump has the dream of Americans working on assembly lines and operating sewing machines. Any country selling more goods to the US than buying from the US is screwing the US, according to Trump’s […]
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