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Armstrong Economics 101

Consumers Spend More on Less

Consumer spending, a main indication of the nation’s economic health, has remained strong despite rising inflation. Personal spending increased 0.9% in April,...

I Would Never Invest in Disney After Lightyear

QUESTION: Happy Father’s Day. My question is simple. As a father, would you take your children to see Disney’s Lightyear? HH ANSWER: Personally, no way....

The Federal Reserve Cannot Combat Inflation Alone

Fed Chair Jerome Powell was notably frustrated when pressured about the Fed’s role in inflation. During his Q&A session this Wednesday, Powell plainly stated...

AI & the Future

Klaus Schwab’s view of the future and Artificial Intelligence is seriously flawed. He argues that the fusing of the political, physical, digital, and...

European Central Bank to Raise Rates Amid Record Inflation

Inflation in the euro area reached a record high of 8.1% in May across the 19-member states. It is no longer possible for the European Central Bank (ECB) to release...

Do I Whine?

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PRIVATE BLOG – Inflation Reality v Consensus

PRIVATE BLOG – Inflation Reality v Consensus Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

Sen. Kennedy on Gas Prices: “It’d be Cheaper to Buy Cocaine and Just Run Everywhere”

Senator John Kennedy (R-LA) ripped into the entire Biden Administration for economic mismanagement. “Treasury Secretary Janet Yellen — who was also captain...

Did the American Rescue Plan Cause Inflation?

The Biden Administration reiterated that its $1.9 trillion 2021 American Rescue Plan awarded “resilience” to the US economy. The remarks come after the plan,...

SEC Warns Against Meme Stocks

The Securities and Exchange Commission (SEC) is warning investors against popular “meme stocks.” Yet, they have gone too far by offering direct trading...