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Nov 031 min read

11/4/2022 Friday News Round Up

Here are a few things I found interesting in the world this week.

Fed jacks up interest rates again, hints at smaller increases ahead

(The federal reserve raised the interest rate by 0.75 percent, increasing borrowing costs for borrowers)

What Happens When The Fed Raises Interest Rates?

(Outlines the impact higher interest rates are having on the economy)

Saudi Arabia Reiterates Commitment To China, Regardless Of U.S. Concerns 

( Saudi Arabia continues to move away from the U.S. What does this mean for the petrodollar?)

Diesel Shortage Will Hit These Seven States the Hardest

(This is a big story that no one is talking about. Our economy is powered by diesel. Without it, what do you think happens?)

Growing Pile of Distressed Debt Signals Coming U.S. Default Wave

(This is something to keep an eye on...)

El Salvador and Lugano Sign Agreement to Spread Bitcoin Adoption

(I see more of these types of agreements happening over time.)

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