Iran’s Determination to Break Out From the Panopticon of Western 360° Containment

The Kohn Solution For An Uncertain Fed Via RealInvestmentAdvice.com, Dario Perkins of TS Lombard wrote a piece titled “How to Respond to Oil Shocks.” His analysis draws on the Fed’s history to address how it should respond to today’s oil shock. While researching Fed transcripts from the 1990 Gulf War, he discovered a proposal by Don Kohn, senior Fed staffer, that offers a solution to the central bank’s oil shock problem: nominal GDP targeting. Kohn’s logic is straightforward and makes sense in the current environment where the Fed is contemplating monetary policy as...

The US military’s first kamikaze drone unit is ready for potential strikes on Iran, Bloomberg reported on Thursday, citing a US Central Command official. “We established the squadron last year to rapidly equip our warfighters with new combat drone capabilities that continue to evolve,” Capt. Tim Hawkins told the outlet. CENTCOM first announced in December […]

All High Earners Need To Know About The Mega Backdoor Roth Authored by Javier Simon via The Epoch Times (emphasis ours), If done the right way, a mega backdoor Roth can allow investors to save in a workplace retirement plan such as a 401(k) beyond the typical contribution limits. High earners can use a mega backdoor Roth to save beyond normal retirement contribution limits. Vyaseleva Elena/Shutterstock It also can allow investors to save in a Roth account when they otherwise would not have been able to do so because of certain restrictions. So let’s...