Paresh JainFeb 5, 2022Retiring TRANSITORY Feb 05, 2022 Federal Open Market Committee (FOMC) Chairman, Jay Powell, finally gave up on his hope that inflation pressures were...
Paresh JainAug 15, 2021Reintroducing TRANSITORYJay Powell, chairman of the Federal Open Market Committee (FOMC), appears to have a particular affinity to the word “transitory.” In May...
Paresh JainFeb 22, 2021VACCINATED!Feb 21, 2021 The first dose of COVID-19 vaccine was administered on December 14, 2020. Sandra Lindsay, an intensive care nurse at the...
Paresh JainAug 15, 2020COVID ConundrumOn February 15, 2005, the then Chairman of the Federal Reserve (FED), Alan Greenspan, was asked at a senate hearing as to why long-term...
Paresh JainFeb 5, 2020CASH IS TRASHFor the second time in three years, famed money manager, Ray Dalio, made headlines at the annual elite confab in Davos called World...
Paresh JainAug 16, 2019GOLD’S RISING ALLURE On May 5 of this year, President Trump tweeted that tariffs on $ 200 billion of Chinese goods coming into U.S. would increase from 10% to...
Paresh JainFeb 28, 2019WTF: WHAT THE FED! A more than 9000 points down-and-up swing in the Dow Jones Industrial Index (DOW) within four months is how the market responded to the...
Paresh JainAug 31, 2018GREENBACK’S COMEBACKThe U. S. Dollar (USD) has rebounded sharply against emerging markets (EM) currencies since finding a three-year bottom in February of...
Paresh JainFeb 28, 2018FEAR OF THE KNOWNOn 2nd February, 2018, the Bureau of Labor Statistics (BLS) under the Department of Labor reported that wages of American workers for the...