Will the US Economy survive the Fed’s interest rate hikes?
💸 Will the US Economy survive the Fed’s interest rate hikes?
The US economy is currently facing the question of whether it will experience a crash or a gentle return to Earth. Conventional wisdom suggests that a recession is necessary to return the economy to normalcy, but a "soft landing" is also possible. The economy is currently showing signs of a soft landing, with a slower job growth rate, decelerating wage growth, and easing inflation.
The Federal Reserve announced a pause in its rate-hiking campaign, acknowledging the need to wait for the effects to permeate the economy but indicating that more rate hikes are likely this year.
A recent report highlights the success of reshoring initiatives, leading companies to scramble to find manufacturing operations in the United States and Mexico.
These results are somewhat surprising, considering many of those same individuals are interested in the technology that powers those systems.
Spiraling towards levels only seen during the 2008 financial crisis, US household debt has increased by $320 billion in the last 3 months of 2022.
China currently dominates the rare earth and mineral production market, controlling the lion’s share of 60% globally.
It’s a strange conundrum, indeed. Economists are scratching their heads at a 3.4% unemployment rate while the rest of the economy teeters on the edge.
The Biden Administration is considering extending the Trump-era tariffs which account for hundreds of billions of dollars in levies - and some businesses don’t like that.
LNG stands for liquefied natural gas, a form of natural gas that has been cooled to a liquid state, making it easier to store and transport.
While the relationship between the two countries is critical, United States officials are vocalizing angry sentiments at the Saudi-led OPEC decision to cut oil production.
Wealthy American families are increasingly obtaining second, or even multiple, citizenships and residences, a trend highlighted by Henley & Partners, a law firm specializing in high-net-worth citizenships.