Tag: Biden

Climate Reporting: The SEC’s Latest Make Work

Climate Reporting: The SEC’s Latest Make Work

We would prefer that the SEC focus on cracking down on fraud in its various permutations as opposed to forcing companies to report on carbon emissions and the like. This forced climate reporting initiative by the Biden Administration not only adds zero value to the investment decision-making process for serious institutional investors, it acts as … Continue reading Climate Reporting: The SEC’s Latest Make Work

Lael Brainard As The Next Fed Chair Is More Likely Than Pundits Believe

Lael Brainard As The Next Fed Chair Is More Likely Than Pundits Believe

Ms. Brainard is a vocal advocate for a Fed-issued CBDC ("Central Bank Digital Currency"). China has rolled out its CBDC and the public is about to hear more about it during February's Beijing Winter Olympics. Thus, while the consensus is that President Biden will soon reappoint Jerome Powell to begin his next term as Federal … Continue reading Lael Brainard As The Next Fed Chair Is More Likely Than Pundits Believe

Instagram, Stagflation, EVs and More Cyberattacks

Instagram, Stagflation, EVs and More Cyberattacks

Instagram is on to APIs. Biden's budget implies stagflation. EV poster child Elon Musk will benefit from Biden's spending plan beginning in 2023. Ransomware attacks continue to expose the fragility of our legacy technology systems. Last month we wrote about API strategy. Instagram (tkr: FB), recently opened its platform via APIs to enable Instagram messages … Continue reading Instagram, Stagflation, EVs and More Cyberattacks

A Tale of Two Cities

A Tale of Two Cities

Make no mistake, Biden's $2.3 Trillion "infrastructure" spending program and $1.8 Trillion "American Families" spending program will pass Congress. That's bad news for Americans and small business and good news for Amazon (AMZN) and Walmart (WMT). **Purchase our Amazon Kindle book "Stagflation Is Imminent": HERE First: we would not be having this conversation if the Federal … Continue reading A Tale of Two Cities

EVs, Musk, Biden and Homer Simpson

EVs, Musk, Biden and Homer Simpson

Joe Biden's EV fever dream can't become reality without the U.S. investing heavily in nuclear energy. Are Americans ready to have that conversation? Electricity comes from the wall unit of course but what is the source of that current? We updated our electricity source table (below), courtesy of the U.S. Energy Information Administration. Natural Gas, … Continue reading EVs, Musk, Biden and Homer Simpson

More Lines To Come With Price Controls

More Lines To Come With Price Controls

It is starting to feel like the 1970's with out of control fiscal spending, inflation and now gas lines. We only have gas lines in certain parts of the country today as local government officials exercised gas price controls during the Colonial Pipeline shutdown. We could very well see similar price control policies from the … Continue reading More Lines To Come With Price Controls

Federal Unemployment  Benefits Will Be Extended In September

Federal Unemployment Benefits Will Be Extended In September

We doubled down on our bet that Federal unemployment benefits will be extended beyond September 6th after listening to Joe Biden tell us that the sky is not blue. The longer these enhanced Federal unemployment benefits remain in force the longer the Labor Participation Rate will remain below 2019 levels. This will continue to impact … Continue reading Federal Unemployment Benefits Will Be Extended In September

The Fed Will Not Taper In 2021. Inflation Is Not Transitory.

The Fed Will Not Taper In 2021. Inflation Is Not Transitory.

The Fed likely won't taper asset purchases this calendar year. It should, but it won't. **Purchase our Amazon Kindle book Stagflation Is Imminent: HERE We previously mentioned mid-term elections as one reason why the Fed won't take away the punch bowl. Second, the Labor Participation rate - a key economic indicator for the Fed - … Continue reading The Fed Will Not Taper In 2021. Inflation Is Not Transitory.

Federal Transfer Payments To Americans Don’t Equal Economic Strength

Federal Transfer Payments To Americans Don’t Equal Economic Strength

Personal Income is on the rise not because U.S. Productivity is increasing, but because the Federal Government decided it was a good idea to print Dollars and distribute them to Americans. This does not make for a sustainably strong economy. Many of these new pandemic "entitlements" (i.e. welfare) are not going away. Mid-term elections are … Continue reading Federal Transfer Payments To Americans Don’t Equal Economic Strength

U.S. Trade Deficit With China To Explode

U.S. Trade Deficit With China To Explode

We recently wrote about the Biden Administration's $2.3 Trillion Green New Deal. Government spending programs like these will disproportionately increase U.S. imports from China given that the U.S. manufactures little in the way of finished goods while China has solidified its position as the "world's manufacturer". We depict the U.S. trade deficit with China below. … Continue reading U.S. Trade Deficit With China To Explode