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Energy

“U.S. to release 1 million barrels of oil per day from reserves to help cut gas prices”

“The White House on Thursday announced that the U.S. will release 1 million barrels of oil per day from strategic reserves to help cut gas prices and fight inflation across the country…” https://www.cnbc.com/2022/03/31/us-to-release-1-million-barrels-of-oil-per-day-from-reserves-to-help-cut-gas-prices.html This is bad. If all emergency supplies… Continue Reading…

Banking

“The Fed’s preferred inflation gauge rose 5.4% in March, the highest since 1983”

“…Excluding food and energy prices, the personal consumption expenditures price index increased 5.4% from the same period in 2021, the biggest jump going back to April 1983. Including gas and groceries, the headline PCE measure jumped 6.4%, the fastest pace since January… Continue Reading…

Economy

“72% of workers have regrets about quitting an old job for a new one “

“In February, 4.4 million people quit their jobs, according to data from the Bureau of Labor Statistics, and a whopping 6.7 million people were hired into new roles. Workers, not employers, have the upper-hand right now, and many are taking advantage… Continue Reading…

Economy

“Why traders think the US economy is about to go into reverse”

“Part of the Treasury yield curve has inverted, a strong signal that nervy investors are bracing for a US recession. Yields on short-term government debt are surging in a global bond rout as expectations rise of central banks responding to… Continue Reading…

Energy

“How sanctions on Russian energy exports could work”

“…The ideal goal would be to lower Russian revenues while minimising the impact on oil flows. Two solutions could achieve this. The first one would be for the EU to impose price caps on Russian crude and oil products that… Continue Reading…

Economy

“Soaring Prices Are Changing the Way People Eat”

“In India, roadside restaurateurs are halving their palm oil use and moving into steamed snacks. Bakers in Ivory Coast want to cut the size of their standard baguette. Sandwiches from U.S. fast-food stalls are headed for fewer slices of bacon,… Continue Reading…

Economy, Energy

“How Rising Gas Prices Drive Everyday Costs Beyond The Pump”

“EDITOR’S NOTE: It almost goes without saying that rising fuel costs will likely drive up the cost of anything that relies on transportation. As much of a no-brainer as this seems, many people are still not making the connection. If a… Continue Reading…

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Minor Update

For now the cart and shopping tab menu bars are empty. Eventually I’ll have T-shirts with the website logo on them. I already have prototypes. That’s it for now. Have a nice day.

Predictions, Opinions, & Comments

[Recap] Navigating Disaster: What To Do, How To Survive & How To Thrive In This Economy

Some people may not have noticed the important of some of the things I said in previous articles. Sometimes I say things casually without stressing the importance of it. This article what you’re reading right now is extremely important. Here’s… Continue Reading…

Economy

“Higher-income Americans are getting nervous about the economy”

“Even though they’re still flush with cash from the booming market, wealthier people are increasingly worried about the economy, especially inflation. What’s happening: In March, consumer confidence dropped 7.2% for those earning more than $100,000 — a much larger dip than… Continue Reading…