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Federal Reserve Ends June 2023 Meeting With a Pause At 5 to 5.25%; Likely to Continue Raising
Today's FOMC statement says that the Fed is holding its target Fed Funds rate at 5% to 5.25%. The decision was unanimous among voting members. While today's action marks the first Federal Reserve meeting in this cycle to end... Read →Two Major Risks to Federal Government Debt Levels Post-Debt Ceiling Settlement
The national debt is poised to move into completely unchartered territory. Assuming the US remains one contiguous country, we are going to move from $31 trillion in outstanding US liabilities to somewhere in the $35-$36 trillion range over... Read →A Difficult Couple of Days in NYC, But Still No Urgency to Invest in Wind and Solar
It has been a difficult few days in New York as the air quality has been the worst in the world for most of the last 48 hours due to the wildfires in Quebec. The City of course has seen tougher days, much tougher. It has also... Read →Eight Megacap Stocks are Driving the Entire Stock Market Higher this Year
What does it mean when the entire US stock market is being driven only by Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, Netflix and Tesla?
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