…right-winger with a bit of a protectionist hobby. They thought he would cut their taxes, eliminate financial and environmental regulations and promote crypto, making them even wealthier. They expected him…

– by New Deal democrat The post-jobs report data drought finally ends tomorrow. Today, let me take the opportunity to update some important trends that have been affected or caused…

…wealth (financial and nonfinancial assets less debt) (Exhibit 9). This skewed distribution is especially true for equities. In Q2 2025, the Distributional Financial Accounts from the Federal Reserve indicated the…

…national interest? Second, will this bailout succeed and, if so, for whom? Bessent has said that Argentina is a “systemically important ally.” As an editorial in the Financial Times — not exactly…

…more information later. GM Warns of $1.6 Billion Impact from EV Production Cutback, EV, 14 October 2025 General Motors warned on Tuesday that its third quarter financial results have been impacted…

…enhanced premium tax credits would decrease financial assistance across the board for all subsidized enrollees. Such would lead to a >than 75% increase in average out-of-pocket premium payments. All else equal, premium…

…financial distress, and many financial markets experienced significant turbulence. In response, the Federal Reserve provided liquidity and support through a range of programs. Their actions were motivated by a desire…

…that actually could matter all-too-concretely in their lives. Like the Consumer Financial Protection Bureau and other important legislation and regulations that limits the power of banks and other financial institutions,…

…comments. This is on developed countries and there is more on developing countries to be added later. The turning point: financial liberalization and “market-friendly” policy reforms In order to comprehend…

The NYT reports on the Financial Crisis Inquiry Commission. “The Republican members of the commission appointed by Congress to investigate the causes of the financial crisis plan to release on…