It’s not yet official, but the White House has indicated that it is seriously considering Judy Shelton to fill one of the vacancies on the Federal Reserve board of governors, according to this article. This would make Dr. Shelton a voting member of the Federal Open Market Committee, FOMC, which is the Fed’s interest rate-setting panel.
There’s nothing new about the Russian accumulation of gold bullion in their reserve position. It began in a material way in 2009 when Russia had about 600 metric tonnes of gold. Today, Russia has 2,183 metric tonnes, a stunning 264% increase in less than 10 years. Russia is the sixth-largest gold power in the world
Just the mention of Hillary Clinton running for president in 2020 is enough to get eyes rolling on both sides of the aisle. Democrats want no part of her because she lost an “easy” election in 2016 and stuck the country with Trump. Republicans are even more derisive. The more activist types will probably start
The stock market seems to rise or fall almost daily based on the latest news from the front lines of the trade wars. When Trump threatens new tariffs and China threatens to retaliate in kind, stocks fall. When Trump delays the tariffs and China agrees to resume negotiations, stocks rise. And so it goes. It
