US $34 trillion national debt is ‘boiling frog’ scenario for economy
A senior JPMorgan Chase analyst has warned that the country's soaring national debt, which recently surpassed a record $34 trillion, resembles a “boiled frog” for the economy and Wall Street investors. Michael Chamberrest, head of markets and investment strategy for JPMorgan's wealth management division, predicted dire consequences for the economy if the Biden administration doesn't […]
Democrats face tough choices in border vs. shutdown scenario
Democrats are in a tough spot as Republicans seek to force them to choose between keeping the government's doors open and enacting strict border reforms. House Republicans are openly pursuing a “personnel 2 or bust” funding negotiation strategy, leaving Democrats with few satisfactory options. HR 2 is a Republican border package that was approved by […]
J.J. Watt reveals ‘best case scenario’ update
TJ Watt appears to have avoided the worst news regarding the injury he suffered in Week 18. While the Pittsburgh Steelers kept their playoff hopes alive with a 17-10 win over the rival Baltimore Ravens, Watt injured his ankle in a collision with teammate Montravius Adams and was in significant pain. He had to sit […]
Columbia professor who warned of ‘doom loop’ scenario changes tune on NYC
Phew! After all, the sky isn't falling in the Big Apple. The academic behind the infamous “doom loop” scenario says things may be looking up for New York City, despite previous predictions that the need for office space would decline and send the city into a death spiral. said. Stein Van Neuerburg, an economics professor […]