Goldman Sachs: Inflation Is Bigger Threat To Economy Than COVID-19

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A new analysis from Goldman Sachs warns that the economic damage from inflation will dwarf that of new COVID-19 outbreaks. “Higher-than-expected US inflation recently prompted us to pull forward our forecast for Fed liftoff by a full year to July 2022,” Goldman Sachs stated. “We now expect core PCE inflation to remain above 3% — and core CPI inflation above 4% — when the QE taper concludes, which would make a seamless move from tapering to rate hikes the path of least resistance. After liftoff, we see a second hike in November 2022 and two hikes per year after that.”

Pentagon: Likely ‘Dozens’ Of U.S. Family Members Stranded In Afghanistan

On Wednesday, the U.S. Department of Defense said they were not sure how many family members of U.S. troops were still stranded by the Biden administration, but that there are likely “dozens.” “The Defense Department is trying to compile a master list of relatives of U.S. troops who may still be in Afghanistan and wanting to leave, per a Nov. 4 memo from the Pentagon’s policy chief,” The Army Times reported. “The memo encourages military or civilian personnel to send a note to a DoD email address created specifically for referrals of Afghan nationals.” During a press conference on Wednesday, a

Did Pfizer CEO Just Call Kamala Harris A “Criminal” For 2020 Statement Attacking Vaccine?

Kamala Harris
(Photo by JIM WATSON/AFP via Getty Images)

Recall this moment in the late stages of the 2020 campaign? The headline at Fox after the vice-presidential debate between Kamala Harris and Mike Pence was this: Vice presidential debate: Kamala Harris claims she won’t take vaccine if Trump recommends VP Pence slammed Harris for ‘undermining public confidence’ in a potential vaccine Specifically, then-Senator Harris said that “if Donald Trump tells us we should take it, I’m not taking it.” To which Vice President Pence replied by saying this, bold print for emphasis supplied: “The fact that you continue to undermine public confidence in a vaccine, if a vaccine emerges

Biden Admits His Stimulus Package Fueled Record High Inflation

Joe Biden

On Wednesday, President Biden finally admitted that inflation is at its highest level since 1990 because of his $1.9 trillion COVID “stimulus” bill. “The irony is people have more money now because of the first major piece of legislation I passed. You all got checks for $1,400. You got checks for a whole range of things,” Biden said. “If you’re a mom and you have kids under the age of 7, you get $300 a month and if it’s over 7 to 17, you’re getting $360 a month,” he said, although the second the second amount is actually $250 per

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