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What History Reveals About Interest Rate Cuts
25.05.2024, 22:57 Uhr. ZeroHedge News - https: - What History Reveals About Interest Rate Cuts The Federal Reserve has overseen seven cycles of interest rate cuts, averaging 26 months and 6.35 percentage points (ppts) each. Visual Capitalist partnered with New York Life Investments to examine the impact of interest rate cut cycles on the economy and on the performance of financial assets in the...
Average US Vehicle Age Hits 12.6 Years As Inflation Takes Toll
25.05.2024, 21:45 Uhr. ZeroHedge News - https: - Average US Vehicle Age Hits 12.6 Years As Inflation Takes Toll Cars, trucks, and SUVs across the U.S. are getting older, with the average vehicle age now at a record 12.6 years. According to S&P Global Mobility, which monitors state vehicle registration data, high prices for new cars and massive economic pressures on buyers account for the trend, ABC...
Inflation To The Nines
25.05.2024, 18:50 Uhr. ZeroHedge News - https: - Inflation To The Nines By Peter C. Earle of the American Institute for Economic Research Twice in the past few weeks President Joe Biden has claimed that when he took office in January 2021 inflation was “over nine percent.” First on CNN’s OutFront with Erin Burnett on May 8 and again on May 14 in a Yahoo! Finance interview, the bizarre comment...
A Fork In The Road Of The EU
25.05.2024, 14:10 Uhr. ZeroHedge News - https: - A Fork In The Road Of The EU Authored by David Thunder via the Brownstone Institute, In case you hadn’t noticed, we just celebrated “Europe Day” on Thursday, May 9th, marking the 74th anniversary of the Schuman Declaration. This declaration, presented by French Foreign Minister Robert Schuman on 9th May 1950, paved the way for the formation of...
Putin Decree Allows Seizure Of US Property & Assets If Russian Funds Taken By West
25.05.2024, 13:35 Uhr. ZeroHedge News - https: - Putin Decree Allows Seizure Of US Property & Assets If Russian Funds Taken By West On Thursday Russian President Vladimir Putin signed a decree which paves the way for the government to conduct legal seizure of any US assets in Russia, including property and real estate. This in retaliation and in order to compensate for any Russian assets that are...
They Want To Scare You With Myths Of "Unhampered Capitalism"
25.05.2024, 03:00 Uhr. ZeroHedge News - https: - They Want To Scare You With Myths Of "Unhampered Capitalism" Authored by George Fo4rd Smith via The Mises Institute, Bad ideas are sometimes the hardest to dethrone. It’s probably accurate to say most people think of money as the paper currency printed by governments. And it is money in the sense that it functions as a medium of exchange, but is...
NYC Tourists Expected To Generate $4.9 Billion In Tax Revenue For The City
25.05.2024, 02:00 Uhr. ZeroHedge News - https: - NYC Tourists Expected To Generate $4.9 Billion In Tax Revenue For The City While residents and businesses continue to pour out of New York City in favor of tax-friendlier locations, tourists appear to be doing all the heavy lifting in helping the city raise tax revenue. Now, revenue generated by tourists is higher than it was pre-pandemic, with Bloomberg...
No, Artificial Intelligence Will Not Solve All Problems
25.05.2024, 01:40 Uhr. ZeroHedge News - https: - No, Artificial Intelligence Will Not Solve All Problems Authored by Jeffrey Tucker via The Epoch Times, The famed historian and epidemiologist John M. Barry just threw out a trope that has become unbearably popular today. He predicted that in the future, artificial intelligence (AI) will make it possible to more perfectly enact pandemic lockdowns and...
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