by Daniel White | Dec 16, 2024 | Economy
December 16, 2024 It’s apparent we have a politically divided nation. That said, for many Americans, the future is bright. They’re reveling in the fact that Donald Trump won the presidential election, and that Republicans swept Congress. But what is the chance a...
by Daniel White | Nov 25, 2024 | Economy
November 25, 2024 There’s a bull market happening right now, but it’s not in stocks. I’m talking about the bull market that’s occurring in bankruptcies. This year’s second-quarter data for Chapter 11 bankruptcy filings shows 2,462 defaults among U.S. corporations,...
by Daniel White | Nov 11, 2024 | Economy
November 11, 2024 The “two Americas” problem is getting worse. Most working-class Americans are suffering because of the country’s disastrous runaway government spending that’s inflating away real wages. Car repossessions are soaring as credit card...
by Daniel White | Nov 4, 2024 | Economy
November 04, 2024 Warren Buffett’s company, Berkshire Hathaway, has made a lot of money investing in stocks over the years. But lately, Buffett has been selling like crazy. Bank of America’s stock is a longtime favorite of Berkshire. But Buffett’s company has sold the...
by Daniel White | May 22, 2023 | Economy
May 22, 2023 We’re in a good news-bad news situation economically. The good news is inflation dropped to 5.0% in March, which is down from its 9.1% high in June 2022. The bad news is the American credit bubble is back because of the Federal Reserve’s...
