The CPI came in hotter than expected, and I’m going to go a step further and say the real damage is probably worse than what they’re printing. Sixty-seven months. That is how long the Federal Reserve has been failing at the one job they were created to do.
A sitting state Attorney General rang in the New Year with two federally indicted fugitives and a Christian influencer at a Dubai luxury high-rise. The Republican Party reportedly knew. Nobody said a word.
Billions in suspicious oil trades landed minutes before a presidential policy flip. Regulators flagged it. Then someone at the top told them to forget the whole thing.
Six years of compounding inflation, money printing on both sides of the aisle, and now politicians want credit for slowing down the damage they helped create. I am not buying it and neither should you.
They keep waving around your retirement account balance like it proves everything is fine. Meanwhile the actual net worth data shows Americans under 55 are getting hammered, and nobody in Washington wants to talk about that.
The Vice President of the United States was asked to define socialism, the very thing his party claims to be fighting against, and what came out of his mouth should embarrass every American regardless of political affiliation. This is the level of economic literacy guiding national policy.
For over a decade, Wall Street and the financial media told you that rock-bottom interest rates were good and that normalizing rates would be catastrophic. They were wrong on both counts, and a lot of ordinary investors paid the price.
The moment they capped student borrowing, private colleges started slashing tuition by $20,000 or more. This is what happens when you pull a government subsidy out of a broken market, and the establishment does not want you to connect those dots.
Fidelity dropped the hammer on smaller independent investment advisors with a $100 million minimum or you’re out policy. This is consolidation dressed up as a business decision, and everyday investors are the ones who will pay for it.
I watched campaign ad after campaign ad on Sunday and genuinely wondered if I was losing IQ points in real time. What nobody is saying is that the same emotional manipulation driving these ads is the exact playbook Wall Street uses to separate you from your money.