The Direction Of Interest Rates: I Stand Corrected

Last month, I wrote about how the Fed may start tapering the stimulus it has injected into the economy, drastically increasing liquidity against the eruption of the pandemic and the sudden recession it thrust upon the global economy, and the U.S. in particular. While the general tapering of the Fed stimulus won’t have any real impact on our daily business…

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Bid-rigging contractor discovers law federal agencies choose to enforce

By Don Marsh In an age of opponent cancellation and selective federal, state or local law enforcement, a U.S. Department of Justice (DOJ) plea agreement with an employee of a contractor performing concrete work for Minnesota municipalities offers two takeaways. First, despite Herculean efforts, the current White House has some unfinished business in its quest to erase all things Donald…

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