Each year, the FOMC’s first order of business is to elect officers. This year, Federal Reserve Board Chairman Jerome Powell was once again elected to be chairman of the FOMC. On February 2, former president Donald Trump stated that he would not reappoint Powell as chairman of the Federal Reserve…

Here’s the link to the latest Congressional Budget Office (CBO) projection: “The Budget and Economic Outlook: 2024 to 2034,” 

The four parts to this Cuba series are all available here:

Eric Hale is the founder of the Fintech company Trader Oasis (https://traderoasis.com).

In “Cuba Series, Part 1: The Bay of Pigs” (https://www.cumber.com/market-commentary/cuba-series-part-1-bay-pigs), I discussed our GIC delegation’s recent visit to the Bay of Pigs Museum in Cuba. I also mentioned the impact of US sanctions. Let’s use this commentary for some deeper details…

A few readers have asked if the latest impeachment activity in the House is having or will have any impact on financial markets. In my opinion, the answer is no. And I believe that will be true regardless of the outcomes of the two present House impeachment actions whether targeting President…

Having attracted only limited investor interest for over two decades after reaching a record in December 1989, Japanese stocks surged ahead last year in a rally that came very close – within 6% – to the earlier record in mid-January.

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I’m going to start this multipart series about Cuba with a report of my personal visit to a region outside the Havana area. Readers will see why shortly. So, here’s Cuba Series, Part 1: Bay of Pigs.