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News & Articles By Laura Harris
05/16/2023
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By Laura Harris
Biden administration may ban bank withdrawals amid decline in M2 money supply, Hugh Hendry warns
Hedge fund manager Hugh Hendry has warned that the Biden administration is mulling a freeze on U.S. bank withdrawals amid the decline in M2 money supply – a benchmark measure of how much cash and cash-like assets is circulating in the U.S. economy. “Sometimes it’s kind of relevant to panic. I would recommend you panic,” he said. […]
05/01/2023
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By Laura Harris
Walmart store closures leave local communities grappling with economic and social consequences
Walmart recently announced the permanent closure of six stores, leaving the affected cities grappling with the economic and social consequences. The closures have raised concerns about job losses, access to affordable goods and the overall impact on local communities. The shuttered stores were in South Bend, Indiana; Forest Park, Ohio; Brooklyn Center, Minnesota; Louisville, Kentucky; Everett, Washington; […]
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