Posts Tagged ‘Energy Prices’
Inflation, the American Consumer and Recession
There are signs that the economy is beginning to slouch toward recession. This week, we’ll look at a few of those signs and some events that will have at least some effect on the US economy. Let’s begin with the fact that inflation got hot again in August. I have been repeatedly…
Read MoreHappy New Year – New Taxes Await
Happy New Year! And, with the new year comes higher taxes, thanks to the Washington politicians. While I fully expect another difficult year for the economy and investing, the consumer spending-dependent US economy will have to withstand higher taxes in addition to record debt levels and inflation. This from “Zero Hedge” (Source: https://www.zerohedge.com/political/heres-list-biden-tax-hikes-which-take-effect-jan-1):…
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