Friends, Today, the Federal Reserve decided to leave interest rates where they are, at 4.25 percent to 4.5 percent. Although the Fed acknowledged that the labor market was still “solid,” it also noted that “risks of higher unemployment and higher inflation have risen.” Recall that last November, th...

Programming Note: May 2 at 11:00 AM Join us tomorrow for an emergency Substack Live at 11 AM to discuss the insane possibility that a shady real estate developer/Putin asset could be the next National Security Advisor. Thank you 💛 to everyone who tuned in to our latest episode of Pax Americana! Jul...