Tag Archives: Unravel

This week in Bidenomics: Democrats unravel

The Russia-Ukraine standoff has taken over Joe Biden’s presidency, at least for now. There may be a silver lining to that, because much of Biden’s domestic agenda is falling apart. The “build back better” legislation that was supposed to be a hallmark of Biden’s first year or two now seems headed for recycling. Axios reported on Feb. 17 that Democrats in the Senate—where the bill got stuck—have given up on BBB because inflation is getting in the way. There are two prongs to that…. Source link

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Elon Musk Loses $27 Billion as Historic Wealth Gains Unravel

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link

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