Economics

The tech sector, especially chip stocks linked to artificial intelligence, experienced a sharp selloff this week. Broadcom, a key player in the chip industry, dropped from $479 per share to $385 in just two days, losing about 20% of its value. This decline came despite the company reporting outstanding earnings growth, rapidly rising revenue, and a strong demand pipeline expected to last well over three years. Such a steep drop in a fundamentally strong stock raises an import

For thousands of years, the source of wealth and power has shifted dramatically, reshaping societies and economies. From land ownership to industrial might, and now to information control, each era has seen a new class rise to dominance. Today, we stand on the edge of another profound change. Artificial intelligence, combined with emerging technologies like cryptocurrency, quantum computing, and robotics, is poised to redefine wealth and influence in ways never seen before.

Gas prices are climbing again, especially as oil prices surged 35% this week. Many drivers are starting to feel the pinch at the pump. While higher fuel costs often bring frustration, this time the story has a different twist. Instead of sending profits overseas, the extra money spent on gas is staying in the United States. This shift is creating new jobs and encouraging investment in American energy production. Understanding how this works can help you see the bigger pictur

The $38.7 trillion national debt often sparks fear and concern. Many worry about how the government will ever pay it off and what it means for the economy. I share this concern, but not for the usual reasons. My worry lies in the system that created this debt—a system that is legally allowed but fundamentally flawed and, in every way a form of legal fraud. When the government borrows money from the Federal Reserve, it’s not borrowing money that already exists. They are not bo

The Dow Jones Industrial Average is at record highs closing in on 47,000. The S&P 500 crossed 6700 this week, also a record high And the...

In January, when President Trump began announcing brutal tariffs on foreign nations, especially those countries with lopsided trade...

While President Trump continues to question the competency of our Federal Reserve Chairman Jay Powell, Treasury Secretary Scott Bessent...