China exporting deflation is perhaps the last thing the global economy needs. And it’s a data point that Powell and fellow Fed policymakers must consider very cautiously.

While the S&P 500 rose, trouble lurks below the surface. The broader lift to stocks outside the Magnificent 7 faded last week as yields increased. Notably, much of the market remains hostage to interest rate expectations.

The oft forecasted Recession hasn’t yet appeared. Evidence leads us to conclude that Recession is coming, and this quarter will mark its beginning.

More recently, on September 8, 2023, the IRS announced that it would use at least some of those funds to focus on compliance initiatives associated with high-income an…

Housing for homeless vets has gotten better but there is still much to do. The VA, states, counties and cities have to work to solve the housing issues.

In the background, individual Nordic countries have been tightening their policies on immigration – towards the relatively tougher Danish approach.