News
Can the Deficit Fall Below $1 Trillion in 2022?
In the calendar year 2021, federal tax revenues surged by an incredible 25% compared to 2020 and were up 22.8% over 2019 (pre-COVID). But the surge in tax revenues was not enough to overcome a record $6.8 trillion in spending, breaking the spending record set in 2020 by 1.6%.
Unusual Political Trading
Our congressional members have been privy to the conversations and negotiations that have formed Biden’s legislative agenda. These have been taking place throughout the year in meetings behind closed doors. All the while, our elected officials have also been actively trading stocks, options and other financial assets.
Dogecoin Surge Sees Short Traders Lose $8M After Tesla Store Addition
Dogecoin (DOGE) traders lost more than $11.69 million to liquidations in Asian morning hours as the meme coin surged 14% in the past 24 hours.
The Euro Is Facing a Make-or-Break Year
Italy’s bloated debt load may finally doom the experiment with Europe’s shared currency.
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