The Commerce Department is targeting China s Academy of Military Medical Sciences and its 11 research institutes that focus on using biotechnology to support the Chinese military.
Walt Breitinger
Opinions are solely those of the writers. Walt Breitinger is a commodity futures broker with Paragon Investments in Silver Lake
Futures Flying-Inflation Returning?
Last week virtually everything went up–all commodities (agricultural and financial), real estate, wages, stock market, bonds, foreign currencies, lumber, sugar, even cryptocurrencies.
The Labor Department released the Consumer Price Index on Tuesday, which showed the biggest 12-month price jump since August of 2018. Much of that increase was due to gasoline prices, while other increases also seemed to be related to economic recovery and to confidence the pandemic will finally be subsiding.
Deficit spending, low-interest rates, and the “dovish” attitude of our Federal Reserve have all contributed to expectations prices will rise. Low U.S. interest rates add to a weaker U.S. dollar which, in turn, raises the cost of everything denominated in the Greenback. Cattle futures were a rare exception. Th
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Sen. Chris Coons (D-Del.) on Thursday proposed a bipartisan 60-vote bill of core infrastructure spending, followed by a reconciliation bill that included everything else in Biden’s American Jobs Plan and his forthcoming American Families Plan. | Alex Wong/Getty Images