The battle between Trump and the Democrats in the House of Representatives shows no signs of abating and is in fact getting worse. The House Ways and Means Committee issued a demand followed by a subpoena for Trump’s tax returns. The White House, Treasury and IRS all refused to provide the returns on the basis
The Fed was on a tear in 2018, raising rates four times at four quarterly FOMC meetings (out of eight total) by 0.25% each time. These rate hikes came on top of “quantitative tightening,” or QT, where the Fed burned money to reduce the M0 money supply by about $500 billion, equivalent to another 1.00%
You’ve heard about “rare earths.” These are 17 chemical elements with names including cerium, erbium, europium and other little-known metals. Certain rare earth minerals are formed from combinations of these rare earth elements. Despite the designation as rare earths, they are not actually that rare. In fact, some are quite plentiful in the Earth’s crust.