Key Takeaways from Jay Powell’s Final FOMC as Fed Chair
Key Takeaways from Jay Powell’s Final FOMC as Fed ChairAuthor: Phil Wool Key Takeaways from Jay Powell’s Final FOMC as Fed ChairAuthor: Phil Wool, PhD “Economists are basically unanimous that Fed independence is critically important. And to see why, just look at the countries where they don’t have Fed independence. Inflation is higher, unemployment is […]
Europe’s Rearmament Illusion
🌍 Europe’s Rearmament Illusion 📊 The Hype vs. RealityEurope’s “rearmament trade” has investors excited, but the story behind it looks far weaker than the headlines suggest. While defense stocks have surged, the math doesn’t support a true, sustained buildup. Most European nations simply can’t afford large, long-term military increases. ⚖️ Budgets Under StrainEU defense spending […]