The 2022 midterm elections in the United States are less than a month away. It’s time to face facts, and your vote will determine our financial future and living standard via Capitol Hill and state legislatures. Politicos and PACs are spending ludicrous amounts of...
Efforts by the collective West and Biden administration to persuade Saudi Arabia to increase oil production have failed after overtures since late spring and a panicked last-ditch effort this week before the U.S. mid-term elections. The OPEC+ decision (summary)...
Yesterdays are forever gone after the world’s lords and plebes faced an unpleasant reality today about where we’re at vs. what the future could have been. The West has lost Russia and that infuriates the collective West’s elite to no end, except for war, and yet...
The recession that’s taking hold in the U.S. and Europe is deepening amid a likely escalation of NATO’s proxy war (Twitter thread) with Russia in Ukraine. A sanction-induced energy shortage and subsequent liquidity crisis spawned by a strengthening dollar that the...
The underlying factor driving the liquidity crisis within a broad swath of financial markets is a significant U.S. dollar rally since the June 2021 low. The $DXY went vertical in March 2022 when the Federal Reserve began raising interest rates after Russia’s “special...