High Gas Prices May Drive a Quick Exit from Iran

The average price of gas at the pump for U.S. consumers is up 30% since the year began. Most of that occurred recently, following the strikes against Iran.  If you follow the prediction markets, it doesn’t look very likely that the Republicans will win the House or even the Senate this fall. Current odds suggest […]

This July 4th, the Federal Reserve’s Independence Is at Risk

As markets watch for interest rate cuts, political pressure on the Fed’s independence could shape inflation and U.S. dollar credibility in the years ahead. By Jeff Pollock Though lower interest rates are generally good news for stocks, what will happen if it comes at the expense of U.S. central bank independence? The Federal Reserve was […]