Everybody wants long term bonds! Over the last few days we have seen the interest rates on ten year bonds drop below the interest rates of two year bonds. That might sound inconsequential, but it has many people asking if a recession is coming. This episode goes over what that inversion means, and how different … Continue reading The Great Yield Curve Inversion of 2019; Is a Recession Coming? →
Pro Democracy protests have been going on for ten weeks in Hong Kong, spurred on by the recent failed Extradition Bill proposal. With protesters pushing harder and China appearing to prepare to push back, the question on everyone’s mind right now is what is going on. Here’s the answer.
India finds itself in a constitutional crisis as people are asking whether they have the authority to repeal Article 370 or the constitution, called the Temporary provisions with respect to the State of Jammu and Kashmir article. This constitutional change would allow the government of India to directly control the region. Here’s what’s happening!
This week Trump labeled China a currency manipulator as the Chinese yuan dropped to a ten year low. People are asking what is going on and whether this could trigger a currency war between China and the United States. Here’s what this means.
Congress has several gun control reform bills. This episode goes over the major proposed reforms. First, The House of Representatives recently passed the Bipartisan Background Checks Act of 2019 and the Enhanced Background Checks Act of 2019. The other unpassed pieces of legislation are The Raise the Age Act, The Public Safety and Second Amendment … Continue reading Congress Solves Mass Shooting and Gun Control Reform →
After months of meetings between US Afghanistan Special Envoy Zalmay Khalilzad and Taliban negotiators we have begun to see progress. Taliban leaders are meeting with Afghan government leaders, a ceasefire has been agreed to, the US is withdrawing thousands of troops, and the Taliban are committing to anti-terrorist measures. While many are logically skeptical, these … Continue reading Ending the War in Afghanistan; A Breakthrough in US Taliban Negotiations →
For the first time in ten years the Federal Reserve dropped the key interest rate. Some people are suspicious because lowering this rate is generally associated with a stimulus strategy in an ailing economy. This episode looks at the potential reasons this was done including copying a strategy employed by Alan Greenspan to buoy the … Continue reading Why Did the Federal Reserve Lower the Key Interest Rate? →
With UK’s Prime Minister Boris Johnson’s most recent Brexit Ultimatum directed at the European Union, most people are suspecting that a no deal Brexit is in the cards. The question at this point is, what are the costs of a no deal Brexit? And what options are left on the table for Boris Johnson’s administration?
On Friday the Supreme Court released a decision that allowed the Trump Administration to use funds to build the wall while the courts figure out the legality of the emergency declaration and resulting money transfers. This case, Trump v. The Sierra Club, weighted the environmental concerns of the Sierra Club against the monetary concerns of … Continue reading The Supreme Court Funds the Border Wall… Kindof →
Mueller’s recent testimony reinforced the threat of other countries trying to hack our elections. This raises the question, what is congress going to do about, and surprisingly enough, the answer is, a lot of things. This video looks at the main proposals going through congress right now to see which ones are the best solutions.
Congress just agreed to raise the debt ceiling which would allow America to keep paying people we owe money. In the same deal they gave themselves a ton of money to spend when they’re creating their next two budgets. Fiscal conservatives are furious about this huge budget increase with the committee for a responsible federal … Continue reading Congress Raises the Debt Ceiling; Raising the Roof →
In June, Facebook announced that they were releasing a new cryptocurrency called the Libra. It’s a controversial and complicated issue that, this week, we heard testimony about in congress. Here’s the issue at hand, the opportunities associated with it, and what’s at risk.
In a surprise move, on Friday the House approved a version of the National Defense Authorization Act with no Republican votes. This bill was loaded with amendments from closing Guantanamo Bay to Repealing the Authorization of Military Force that has enabled the government to fight Al Qaeda operatives across the world since the Iraq invasion. … Continue reading Congress Faces Off On Defense Spending: Passing the National Defense Authorization Act →
Democratic Presidential Candidate Pete Buttigieg, or Mayor Pete as he’s known to South Bend residents, is running largely on the basis that he was able to revive the city of South Bend. Here’s a summary of his major achievements while mayor of South Bend, Indiana, and some of the controversies and criticism that came with … Continue reading What Mayor Pete Buttigieg Did in South Bend, Indiana →
Last Thursday, the Supreme Court definitely and controversially ruled in the cases of Rucho v. Common Cause and Lamone v. Benisek that court systems cannot hear challenges to maps that have been gerrymandered in a partisan manner. This video is an analysis of what Justice Roberts decision said and the rationality behind why the Supreme … Continue reading The Supreme Court Draws a Line in Partisan Gerrymandering With New Decision →
The strained relationship between Iran and the United States has recently been in the front pages of the news with downed tankers, a downed drone, and the United States canceling attack plans at the last moment. How, over the last two years did our relationship go from an Iran Deal to the brink of war. … Continue reading What is Going on With Iran? How We Got to the Brink of War →
Markets are rallying after Jerome Powell’s recent announcement that the fed will be helping stimulate the economy if the trade war starts to take its toll. Here’s exactly what could happen and what was just announced.