More Doom & Gloom or More Hope?

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In-Brief

• More Doom and Gloom or More Hope? I say follow the facts and more hope!
• President Biden was discovered to have classified documents from the Obama-Biden years at his Delaware home, Delaware garage, and Washinton Think Tank. A special counsel has been appointed as is also true for former President Trump. This is a disaster for Biden’s political future.
• It is now accurate to say that the US economy, at least for the short-run, is in “stagnation,” not stagflation. Inflation is still too high, but core inflation for the last six months has dropped to 3.1%, down from over 9%. It was caused by the horrible fiscal policies of the Biden administration and the flawed monetary policies of the Federal Reserve.
• Inflation is now slowing for sure. The evidence is strong and clear.
• The House Republicans are setting up committees to investigate the FBI, DOJ, CIA, and other corrupt federal agencies beginning in this month.
• China is now in economic, political, public health, and societal chaos as President Xi’s anti-Covid measures have failed miserably. The Lunar New Year holiday starts soon and will worsen China’s health and economic crisis.