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Economy

Savers Catch a Break as Warsh Raises Rates

E.J. Smith - Your Survival Guy -
Your Survival Guy is all for Fed Chair Kevin Warsh’s quarter-point rate increase yesterday, especially because it earned unanimous support from all 12 members...

The End of Financial Repression

Richard C. Young -
The Wall Street Journal argues that rising Treasury yields are not a sign that Federal Reserve Chairman Kevin Warsh is failing, but that his plan...

Exxon, Chevron Ride Oil Surge to Strong Q2 Profits

Richard C. Young -
The Wall Street Journal reports that ExxonMobil and Chevron delivered blockbuster second-quarter 2026 earnings, benefiting from higher oil and fuel prices caused by geopolitical...

Government Grocers: No Free Lunch

E.J. Smith - Your Survival Guy -
You may have heard that New York City Mayor Zohran Mamdani is planning to build five city-owned grocery stores for $70 million that will...

SILENT TREATMENT: Market Adjusts to Warsh’s Lack of Guidance

Richard C. Young -
The news media and some market participants aren't happy with Federal Reserve Chairman Kevin Warsh's refusal to give up much in the way of...

How Bad Is the Chinese Economy?

Richard C. Young -
In The Wall Street Journal, Joseph Sternberg makes the case that the Chinese economy "is in worse shape than you think." Sternberg notes that...

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